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

Bloomberg The pound fell from a one-month high versus the dollar after a senior member of the U.K. government resigned on Friday, deepening the rift in the ruling Conservative party just three months before the referendum on Britain’s European Union membership. Sterling weakened against all of its 16 major peers and was the worst performing currency among the Group-of-10 nations. …

Bloomberg Ricky Moore, who stages the Hypnotist Laughter Show at comedy clubs in northern England, took a phone call a few weeks ago that turned out to be an unusual booking. He was asked if he’d be willing to sign a letter urging Britons to quit the European Union. He agreed, even though he didn’t know who exactly was calling …

Bloomberg Ukraine’s political gridlock, already holding up billions of dollars in aid, is also threatening financial stability and postponing monetary easing, according to the nation’s central bank governor. Delays in talks on a cabinet revamp present a further danger to the hryvnia after the currency slumped 9 percent against the dollar this year, Valeriya Gontareva said in an interview. Policy …

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 …