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

  Seoul / AFP The US government has suspended millions of dollars in funding to several organisations providing aid for Syria after discovering they were systematically overpaying Turkish companies for basic goods with the collusion of some of their staff. The US Agency for International Development’s independent government auditor said it had “established grounds resulting in the suspension of 14 …

  Washington / AFP Barack Obama will this month become the first sitting US president to visit atomic bomb-struck Hiroshima, but the White House said he will not offer an apology for the devastating attack on the Japanese city in 1945. Obama, accompanied by Prime Minister Shinzo Abe, will make the deeply symbolic visit on May 27, after attending a …

  Munich / AFP A man killed one person and wounded three others in a knife attack at a German railway station Tuesday that prosecutors said had “an apparent extremist motive”. It is Germany’s third knife attack with an apparent extremist motivation since September. Police said they had arrested a 27-year-old German man who had slashed four people around 5 …

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 …