Tuesday , 16 June 2026

Recent News

Pakistan vows to act tough on tax evaders

  Islamabad / Bloomberg Pakistan is vowing to get tough on tax evaders who have so far shunned an amnesty program set to finally expire on April 30 after four deadline extensions. Less than 0.3 percent of Pakistan’s 3 million goods traders have participated in the programme, well below the 17 percent forecast by the government when it began in …

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Parched country: 330 million people reeling under severe drought in India

  New Delhi / AFP About 330 million people are suffering from drought in India, the government has said, as the country reels from severe water shortages and desperately poor farmers suffer crop losses. One of the government’s most senior lawyers PS Narasimha told the Supreme Court that a quarter of the country’s population, spread across 10 states, have been …

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Pakistan’s largest bank opens China branch

  Karachi / AFP Pakistan’s Habib Bank Limited announced it had received a licence to open a branch in China, a move that would make it the first South Asian lender to operate in the world’s number two economy. More commonly known by its acronym ‘HBL’, the bank said it would open a branch in Urumqi, the largest city in …

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Stocks

Vapiano introduces breakfast for the first time in its history across UAE outlets

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 …

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Public Warning Notice

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 …

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SCA urges collection of dividends issued before March 2015

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 …

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Capital.com offers international investors access to UAE stocks

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 …

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Abu Dhabi Securities Exchange welcomes Alpha Data’s listing

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 …

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