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

  New Delhi / Bloomberg India’s top court extended a ban on registration of new large diesel-powered vehicles in New Delhi to curb pollution, dealing a blow to automakers such as Daimler AG’s Mercedes-Benz and Toyota Motor Corp. The prohibition, imposed in December, will continue until the next hearing on May 9, said Gopal Subramaniam, a lawyer appearing for Mercedes …

  New Delhi / Bloomberg IndiGo, India’s largest airline, posted fourth-quarter profit exceeding analysts’ estimates as a slump in crude oil cut fuel costs, helping the carrier offer cheaper fares and garner a bigger share of the world’s fastest-growing air travel market. Net income in the three months through March was almost unchanged at 5.79 billion rupees ($87.3 million) compared …

  Tokyo / AFP Nissan said it will recall more than 3.8 million vehicles, mostly in North America, because the passenger-side airbag may not deploy in a crash due to a defect in the seat sensor. The Japanese automaker said the global recall would cover 2013-2017 including some Nissan Altima, Leaf, Maxima, Murano, Pathfinder, Sentra and Rogue models. “This recall …

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 …