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

SHARJAH / WAM The Sharjah Executive Council (SEC) issued Resolution No. 12 for year 2016 on the collection of an AED35 departure fee at the Sharjah International Airport for the use of airport facilities and services. Referred to as the airport facilities’ fee, it has to be paid by all passengers, including transit passengers who leave the Emirate of Sharjah …

DUBAI / WAM Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, has stressed the importance of developing Arab land transportation in driving economic growth and enhancing communication among Arab states. He added that the road transport sector is one of the most effective factors in stimulating the economic, social and cultural fields. Dr. Al Nuaimi made these …

DUBAI / Emirates Business Dr. Dhananjay (Jay) Datar, Chairman & Managing Director Al Adil Trading Co LLC, UAE’s leading name for Indian food stuff, reinforced his expansion commitment by opening their 31st outlet in the GCC. The newly opened outlet of Al Adil Trading is situated in the heart of Al Ras, Deira, “We have set in place a very …

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 …