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

DUBAI / Agencies A flydubai flight from Dubai to Rostov-on-Don in southwestern Russia crashed early Saturday morning, and all 55 passengers and seven crew onboard were killed, the budget carrier announced. The Boeing 737 was trying to land in Rostov-on-Don, some 950 kilometres south of Moscow. In a statement, flydubai said that flight FZ981 crashed on landing at approximately 0050 …

Dubai / WAM Statistics Center – Abu Dhabi released on Saturday a new issue of its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi for February 2016, replacing, with 2014 as the base year. This CPI is used in measuring inflation and represents an important input in conomic and monetary …

Dubai / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Federal Transport Authority -Land and Maritime, has praised the UAE leadership for extending support to the maritime transport sector which he said fills a key role in the nation’s economy. In a statement on Saturday, he said the UAE has one of …

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 …