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

DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has urged private sector companies employing 20 to 49 workers to accelerate efforts to hire at least one Emirati citizen this year, advising against waiting until the end of the grace period, which concludes at the end of 2024. This follows the cabinet’s decision to expand the scope of …

ABU DHABI / WAM The Federal Tax Authority (FTA) has renewed its calls for resident juridical persons with licences issued in July, irrespective of the year of issuance, to promptly submit their corporate tax registration application no later than September 30 2024, to avoid administrative penalties. In a press statement issued on Monday, the FTA advised taxable persons to adhere …

ABU DHABI / WAM Edge, one of the world’s leading advanced technology and defence groups, has announced the launch of its new space company, ‘FADA’, a name derived from the Arabic word for space. This development will enhance the group’s global competitiveness, solidify its position as a leader in space capabilities, and add next-generation solutions to its rapidly growing product …

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 …