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

VANCOUVER / Reuters British Columbia said it had reached a C$480 million ($369.7 million) deal to sell a large swath of land on Vancouver’s exclusive west side to three local aboriginal groups, opening up the property for potential redevelopment. The deal, which includes two parcels totaling a combined 38.8 acres (15.7 hectares), will give the Musqueam, Squamish and Tsleil-Waututh Nations …

Dubai /EMIRATES BUSINESS Jebel Ali Free Zone (Jafza), the flagship freezone entity of Dubai and the trade and logistics hub for the wider Middle East region, has achieved strong performance in terms of the quality of investments and the number of new companies registered in 2015. HE Sultan Ahmed bin Sulayem, Chairman and CEO of DP World and Chairman of …

WAM Etihad Rail, the developer and operator of the UAE’s US$11 billion national railway network, has announced that it has transported more than 5.24 million tonnes of granulated sulphur in the first 18 months of Stage One operations for Abu Dhabi National Oil Company (ADNOC), from sources at Shah and Habshan to its point of export at Ruwais. Equivalent to …

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 …