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

Bloomberg Chiba Bank Ltd. is forming an alliance with Musashino Bank Ltd. in what could herald a new way for Japanese regional lenders to cope with industry headwinds without resorting to merging. The banks, based in prefectures that border with Tokyo, will acquire shares in each other, they said in statements. While the amount and timing are yet to be …

LISBON / Reuters Santoro Finance, a holding company of Angolan investor Isabel dos Santos, is baffled by CaixaBank breaking off talks on a nearly ready deal for the Spanish bank to buy dos Santos’s stake in Portuguese lender BPI and hopes to resume negotiations soon. “It’s hard to understand what has happened after the sides have reached understanding on key …

BOAO / Reuters China’s yuan will come under renewed downward pressure if the US dollar rises significantly in coming months, a policy adviser to the People’s Bank of China (PBOC) said. Huang Yiping, a professor at Peking University and a member of the central bank’s monetary policy committee, also said the central bank was managing the yuan against a basket …

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 …