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

  Bloomberg Rockhopper Exploration Plc confirmed potential oil resources in a discovery in the Falklands basin, sending its shares higher. An independent audit showed that the best estimate of contingent resources — also known as 2C resources — at the Sea Lion complex came in at 517 million barrels, of which London-based Rockhopper’s share is 258 million barrels, it said …

  Bloomberg Hillary Clinton’s call to raise the minimum wage for disabled Americans who earn pennies per hour has families and caregivers fiercely debating whether the real benefit of the jobs comes from pay or an intangible sense of self-worth. The lower pay, permitted by a policy in place since 1938, has been scrapped for federally contracted employees, and Clinton …

  Bloomberg A new fund to stabilize the price that coffee farmers in Colombia receive for their beans may be announced as soon as next month and start operating in 2017, potentially protecting farmers and allowing them to produce profitably at lower international prices. The fund is intended to moderate sharp price drops in the world’s largest producer of mild …

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 …