Thursday , 18 June 2026

Recent News

China’s Lenovo posts $128 million loss

  Hong Kong / AP Chinese technology giant Lenovo said on Thursday it posted a net loss last year, as its smartphones struggle to keep apace with Apple and Android rivals and as the market for personal computers fizzles. The Beijing-based company, which has traditionally manufactured computers but has been trying to broaden its smartphone business after scooping up Motorola …

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RIL and BP ready to drop arbitration over gas prices

  Mumbai / Bloomberg Reliance Industries Ltd. and BP Plc are seeking to end their disputes with the Indian government over an offshore natural gas block, one requirement for the companies before they can take advantage of new pricing policies, according to people familiar with the development. The two explorers and a third partner, Canada’s Niko Resources Ltd., are preparing …

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EDF staff join French strikes as Valls defends labour reform

  Bloomberg Some Electricite de France (EDF) workers joined strikes at oil refineries, cutting power output, as the government vowed not to back down revising a labour law and businesses warned of economic damage if the protests continued. “What are the alternatives – a withdrawal of the text? That’s impossible,” Prime Minister Manuel Valls said on Thursday on RMC radio. …

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Stocks

Vapiano introduces breakfast for the first time in its history across UAE outlets

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 …

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Public Warning Notice

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 …

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SCA urges collection of dividends issued before March 2015

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 …

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Capital.com offers international investors access to UAE stocks

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 …

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Abu Dhabi Securities Exchange welcomes Alpha Data’s listing

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 …

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