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

Dmitry Filippov SPECIAL TO EMIRATES BUSINESS On May 6, Japanese Prime Minister Shinzo Abe held an informal meeting with Russian President Vladimir Putin in the subtropical Russian city of Sochi. The three-hour talks concluded with both sides agreeing to streamline the negotiation process aimed at resolving their territorial dispute and concluding a peace treaty based on an undisclosed “new concept.” …

Perhaps the biggest reason Europe hasn’t produced digital economy giants like Google, Amazon, Facebook or Netflix is that there’s no such thing as “Europe.” Starting out in Sweden, France or Germany, a company is not European — it’s Swedish, French or German. Tax regulations, postal tariffs, financial systems, copyright, labeling and data protection rules — nothing is harmonized. Failing to …

  London / Bloomberg British Airways is evaluating its routes to Nigeria, adding to aviation-industry pressure on the government as sister carrier Iberia and US competitor United Airlines halt flights to the oil-based market as traffic stutters and currency controls delay access to revenue. The UK carrier is struggling to repatriate its share of the $575 million that Nigeria currently …

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 …