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

ANKARA / Reuters Turkey’s central bank should have cut interest rates more at this week’s policy meeting, an aide to President Tayyip Erdogan said, in a sign the central bank is likely to remain under pressure to lower the cost of borrowing. The bank kept its benchmark rate steady for the 13th straight month this week, but cut the upper …

Bloomberg Deutsche Bank AG, Europe’s biggest investment bank, will hire about 100 people across equities trading as it seeks to expand the business and reduce reliance on desks dealing in bonds, according to a person with knowledge of the matter. The hires will include roles in research, sales, technology and prime services, the business that caters to hedge funds, according …

BEIRUT / AP Hundreds of millions of dollars in assistance money for cash-strapped Lebanon is being held up because of the country’s nearly two-year-old political stalemate, the president of the World Bank group warned, imploring the country’s politicians to vote for a president who can enact laws. In an interview in the Lebanese capital Beirut, Jim Yong Kim also said …

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 …