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

MUSCAT \ Reuters Oman will encourage households to generate electricity with solar panels and feed it into the national grid, Qais al-Zakwani, executive director of the Authority for Electricity Regulation, said on Monday. The policy could put Oman in the forefront of Middle East nations promoting widespread use of solar power. Its finances severely damaged by low oil prices, the …

Seoul / AFP A South Korean constructor that jointly won a $20 billion housing deal with Saudi Arabia said on Monday it was confident the project would go ahead despite the impact of slumping oil prices on the Gulf nation’s coffers. Under the deal, for which a memorandum of understanding was signed in Seoul last week, a three-party consortium will …

Calif / AP Canadians are no longer flocking to California’s sunny Coachella Valley to buy homes since their currency has weakened, and many are putting properties they own up for sale, real estate experts said. The move coincides with a decline in the Canadian dollar since oil prices have plummeted, the Desert Sun newspaper reported on Sunday (http://desert.sn/1RCkkPj ). After …

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 …