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

India / AFP A special court in India has sentenced 47 policemen to life in prison for killing a group of Sikh pilgrims in 1991 whom they had claimed were militants, a prosecutor said on Tuesday. The officers were convicted of shooting dead the pilgrims to try and earn promotions in Uttar Pradesh state which at the time was hit …

Ankara / AFP German Chancellor Angela Merkel will next week inaugurate a new centre for Syrian refugees in the southeastern Turkish city of Kilis built with EU funds, Turkey’s prime minister said on Tuesday. “We are going to inaugurate a school and a hospital built in Kilis thanks to EU financing with European leaders led by Mrs Merkel,” said Turkish …

Kabul / AFP Global military spending has begun rising in real terms for the first time since the US began its withdrawal of troops from wars in Iraq and Afghanistan, according to the Stockholm International Peace Research Institute. Defense budgets rose 1 percent to $1.68 trillion in 2015, making up about 2.3 percent of the world’s gross domestic product, Sipri …

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 …