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

  KUALA LUMPUR / AP Japanese automaker Toyota Motor Corp. said on Wednesday that it will build a second factory in Malaysia as part of expansion to meet rising local demand. The new 2 billion ringgit ($488 million) plant will be built by Toyota and its local partner, UMW Corp. Toyota said that the plant, to be built in the …

  Singapore / AFP More than 60 percent of all computer software installed in the Asia-Pacific in 2015 was unlicensed, the worst of any region, despite growing economies and anti-piracy efforts, an industry watchdog said on Wednesday. The Software Alliance — which includes giants like Microsoft, Apple, Intel, Oracle and Adobe — said in a report that the unlicensed software …

  KUALA LUMPUR / AFP Malaysia’s Sime Darby, the world’s biggest listed palm-oil producer, on Wednesday announced a 60 percent quarterly profit rise but warned of a tough outlook amid slow global demand and lower weather-reduced output. In a statement, Chief Executive Mohamad Bakke Salleh attributed the improved year-on-year earnings to sales of certain assets. The company had said in …

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 …