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

  Reuters Turkish conglomerates are racing to add high-end apartment blocks and office towers to Istanbul’s rapidly-changing skyline, turning to one of the world’s most profitable real estate markets for quick returns as other parts of the economy suffer. Anadolu Holding, which has interests in banking, retail and brewing, plans to venture into real estate with two developments in Istanbul …

  Bloomberg Cousins Properties Inc. agreed to buy Parkway Properties Inc. for about $1.95 billion in stock, then spin off the combined company’s Houston office buildings into a separate real estate investment trust. Parkway shareholders will receive 1.63 shares of Cousins stock for each share they hold, the companies said in a statement. The deal values Parkway at $17.46 a …

  AP U.S. home prices continued their steady upward march in February as buyers competed for a limited number of available properties. The Standard & Poor’s/Case-Shiller 20-city home price index rose 5.4 percent that month compared with a year earlier, according to a report released on Saturday. That’s down slightly from January’s 5.7% rise. Prices are rising even as sales …

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 …