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

  Melbourne / Bloomberg Telstra Corp. and a Ping An Insurance Group Co. unit said their agreement over the sale of a $1.6 billion stake in China’s Autohome Inc. is binding, indicating the transaction will go ahead despite the emergence of a higher management buyout proposal. Ping An Trust & Investment Co., which agreed to buy a 48 percent stake …

  NEW YORK / AP India’s finance minister says his country’s needs include everything from more housing and factories to becoming more business friendly but that it’s also committed to protecting the climate. Arun Jaitley spoke about India’s future at the Asia Society in New York. Jaitley says there’s widespread support for reform in India. He says India’s states will …

  Tokyo / Bloomberg Sony Corp. shares climbed the most in two months in Tokyo trading as concerns abated that a quake at the southern Japanese island of Kyushu will cause a major disruption in the supply of image sensors for mobile phones. The shares rose 6.5 percent to 2,914 yen on Tuesday, the biggest jump since Feb. 15. 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 …