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

  Singapore / Bloomberg Singapore Airlines Ltd., seeking to restructure its budget airline business, established a new holding company to manage its two low-fare carriers amid speculation of a consolidation in the region. Budget Aviation Holdings Pte will control long-haul carrier Scoot and short-haul carrier Tiger Airways, allowing for greater integration and sharing of operations and planning, Singapore Air said …

  Sydney / AFP A two-hour flight from Sydney to London is a step closer to reality after the latest successful test on Wednesday of hypersonic technology in the Australian desert. A joint US-Australian military research team is running a series of 10 trials at the world’s largest land testing range, Woomera in South Australia, and at Norway’s Andoya Rocket Range. …

Lagos / AFP A lack of jet fuel has led to the disruption of local and international flights in Nigeria, airlines said on Wednesday, warning travellers of cancellations. Arik, the country’s largest airline, said in a statement that scarcity of aviation fuel in the last few weeks had reached “alarming” levels due to an ongoing shortfall in imports. “Due to the …

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 …