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

San Francisco / AFP Avianca Holdings SA jumped the most on record amid reports that Delta Air Lines Inc. and United Continental Holdings Inc. are weighing bids for the Latin American airline. Avianca is exploring strategic options including a full or partial sale, according to people familiar with the matter. Avianca has recently begun working with a financial adviser to …

  Dubai / AFP Domes inspired by the royal palaces of India rise from a new Bollywood theme park under construction in Dubai, part of a drive to lure millions more tourists to the emirate. It already boasts opulent shopping malls and numerous luxury resorts, but the Gulf city-state has even grander ambitions and the film industry is centre stage. …

  Nairobi / AFP Africa’s best barista doesn’t drink coffee, nor even really like it, yet two-time Kenyan champ Martin Shabaya won the Africa round and next month competes at the World Barista Championships. Shabaya, 26, has only been pouring coffee for five years but his success is indicative of a country that — unlike him — is learning to …

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 …