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

  Rome / AFP There were hardly any Syrian migrants among the 800 people rescued off Sicily, contrary to earlier reports from Italy’s coastguard, the UN and the International Organization for Migration have confirmed. The coastguard had said that half of the 342 migrants they had picked up were Syrians, sparking concern that the flow of Syrians previously attempting to …

  Paris/ AFP On May 16, 1916, a secret pact carved up the floundering Ottoman Empire into spheres of British and French interest, foreshadowing the future map of the Middle East and, say critics, sowing the seeds of many of its problems. The Sykes-Picot agreement between the British and French governments for partitioning the empire’s Arab provinces was struck at …

  Brazil / AFP Brazil’s acting president Michel Temer vowed to get Latin America’s largest economy back on track after a cascade of crises put an end to 13 years of leftist rule. Temer presided over the first meeting of his new business-friendly cabinet, setting out its priorities: creating a leaner government, balancing finances to address a crippling recession, and rooting …

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 …