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 General Directorate of Residency and Foreigners Affairs in Dubai (GDRFA) has announced that Sunday,  September 15 2024, will be an official holiday for service centres handling the correction of violators’ statuses, in observance of the Prophet’s Birthday. This decision aligns with the Cabinet’s approved agenda for official holidays for the public and private sectors in 2024. The Directorate …

ABU DHABI/WAM The Abu Dhabi Securities Exchange (ADX) saw on Friday a large direct deal executed on the stocks of International Holding Company (IHC). According to market data, the trade was executed on 10.7 million shares with a value over AED4.38 billion at an execution price of AED409.3 per share. Large Direct transactions are deals executed outside the order book …

ABU DHABI/WAM The United Arab Emirates has achieved a new milestone in the field of cybersecurity, as the International Telecommunication Union ranked it in the top global category (Pioneering Model) according to the 2024 Global Cybersecurity Index. The UAE, represented by the Cybersecurity Council, met all 80 criteria of the index, achieving a 100% success rate. This ranking reflects the …

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 …