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

New Delhi / DPA Honeywell Aerospace has been selected by Jet Airways to provide maintenance services for Auxiliary Power Units (APUs) on board its fleet of 10 Boeing 777 airplanes. The five-year agreement will help Jet Airways better predict and manage maintenance cycles, allowing the India-based airline to reduce unscheduled downtime and improve reliability of its fleets. The announcement was …

HCM City / DPA Severe drought in the Mekong Delta has badly affected agriculture and aquaculture, threatening a scarcity of raw materials for seafood exports. Shrimp farmers in Ben Tre, Tra Vinh, Soc Trang and Kien Giang provinces are nervous as their shrimp keep dying because of drought and saltwater intrusion up rivers. “Shrimp farming is so risky,” Sai Gon …

Jakarta / Bloomberg An Indonesian consortium led by veteran investment banker Agus Projosasmito is in talks to raise $1 billion of debt to back its bid for control of Newmont Mining Corp.’s copper operations in the country, according to the group’s financial adviser. The investor group is in discussions with banks on borrowing $750 million in senior loans and $250 …

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 …