The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

  New York / Bloomberg The biggest US airlines missed their chance to lock in the cheapest energy costs in more than 12 years after jet fuel surged as much as 80 percent since January. The fuel on the US Gulf Coast was trading at $1.37 a gallon on Friday, up from less than 80 cents on January 20, the …

  Bengaluru / Tribune News Service Hindustan Aeronautics Limited’s (HAL) Basic Trainer Aircraft, the HTT-40, made its maiden flight, just three years since its design phase, a record of sorts for the public sector company which has otherwise been associated with long delays in aircraft development. Built at a cost of Rs.350 crore, the HTT-40 will help the Indian Air …

  BEIJING / AP A Chinese regulator has ordered Apple Inc. to stop selling two versions of its iPhone 6 in Beijing after finding they look too much like a competitor, but Apple says sales are going ahead while it appeals. The ruling by an intellectual property tribunal is the latest legal stumbling block for Apple in its second-biggest global …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …