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

  Vienna / AFP Saudi Arabia expressed confidence on Thursday that oil prices will keep recovering, cementing expectations that a divided OPEC will decide to keep crude gushing at its meeting in Vienna. “Everybody is very satisfied with the market. The market is rebalancing as we speak,” said Khaled Al Falih, newly appointed by the kingdom’s powerful and dynamic new …

  Jakarta / AFP Indonesia’s defence minister said on Thursday suspected communists killed in 1960s military-backed massacres “deserved to die”, as a backlash mounts against efforts to resolve one of the darkest chapters in the country’s history. Hardline ex-general Ryamizard Ryacudu made the comments to a gathering of former military figures and nationalist groups convened in response to moves by …

  Manila / AFP The leader of the Philippines’ communist insurgency said on Thursday he expects to end nearly 30 years in exile by returning from Europe to Manila as early as next month. While running for office last month, Rodrigo Duterte, now the newly elected president, said Jose Maria Sison, the rebel leader and Communist Party of the Philippines …

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 …