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

  Mumbai / Bloomberg Infosys Ltd. surged the most in nine months to a record in Mumbai after forecasting better-than expected sales growth, as India’s second largest software exporter captures new contracts for information technology services. Shares climbed as much as 8.1 percent to a lifetime high of 1,267.90 rupees as of 10.42 a.m., marking its biggest gain since July …

  New Delhi / Bloomberg The rains are coming, and that’s luring the world to Indian bonds. Overseas holdings of rupee-denominated government and corporate notes rose by 17.4 billion rupees ($261 million) in the holiday-shortened week ended April 13, the most since the period ended March 25, data from National Securities and Depository Ltd. show. The weather department on Tuesday …

  Seoul / AFP Ratings agency Moody’s on Monday downgraded its outlook for South Korea’s banking system from stable to negative, predicting a deterioration in creditworthiness over the next year. “While our previous stable outlook had anticipated some weakening of profitability and pressure on asset quality, the operating environment for banks is deteriorating amid Korea’s diminished growth outlook and ongoing corporate …

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 …