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

  Pretoria / Bloomberg Telkom SA SOC Ltd. said full-year earnings gained 16 percent as South Africa’s biggest landline provider cut almost 4,000 jobs, raised the dividend and embarked on the last financial year of its turnaround plan. Earnings before interest, taxes, depreciation and amortization was 11 billion rand ($729 million) in the year through March, compared with 9.4 billion …

  Doha / Bloomberg Qatar Airways Chief Executive Officer Akbar Al Baker branded Delta Air Lines Inc. “wicked” over what he said was the US carrier’s part in ruining the Middle Eastern company’s first flight from Doha to Atlanta. Qatar’s Airbus A380 super-jumbo jet wasn’t allocated a gate when it arrived at the world’s busiest airport this week, forcing passengers …

  Shanghai / bloomberg Billionaire Wang Jianlin’s Wanda Cinema Line Co., whose shares have been halted since late February, surged by the 10 percent daily limit after it resumed trading on Monday as the Chinese tycoon seeks to inject Legendary Entertainment and other film-related businesses into the company. The stock climbed to 88.33 yuan in Shenzhen, compared with its previous …

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 …