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

  Bloomberg Zimbabwe’s central bank threatened to cancel the licenses of banks and foreign-currency dealers found to have violated new exchange-control regulations aimed at easing a dollar shortage. The Reserve Bank of Zimbabwe last week sent a directive changing the way banks and other authorized foreign-currency dealers are required to handle export earnings, adding measures aimed at encouraging companies to …

  AFP India’s central bank chief Raghuram Rajan joked on Tuesday that it would be ‘cruel’ to end intense speculation surrounding his future as he held interest rates in the world’s fastest-growing large economy. The Indian media is abuzz with predictions about whether the popular central banker, often dubbed ‘Rockstar Rajan’, will be given a second three-year term as governor …

  Bloomberg Six Taiwanese banks filed a lawsuit against a unit of Nomura Holdings Inc, saying it failed to extend its portion of a syndicated loan to a now-insolvent shoemaker, Ultrasonic AG. Nomura International (Hong Kong) Ltd, part of Japan’s biggest brokerage, was sued in the Taipei District Court, according to Winnie Chang, a Taipei-based spokeswoman for Cathay United Bank. …

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 …