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

Beijing / AP A Chinese company says it will resume construction work on a $1.5 billion port city project that was suspended for one year due to questions over environmental impact. CHEC Port City Colombo issued a statement Tuesday welcoming the Sri Lankan government’s decision to allow the project to resume. It said a supplementary environmental impact study was done …

Manila / DPA The central banks of the Philippines and Malaysia have agreed to allow up to three so-called Qualified Asean Banks (QABs) from each country to operate in the other. In a statement, the Bangko Sentral ng Pilipinas (BSP) said Governor Amando M. Tetangco Jr. had signed a heads of agreement (HOA) with Bank Negara Malaysia (BNM) Governor Zeti …

New Delhi / Bloomberg India’s technology services sector is hiring more women but females still assume just a fraction of senior roles, according to a joint study by the industry’s trade group and PricewaterhouseCoopers LLP. About 51 percent of entry-level jobs went to women in 2015, according to the report on an industry dominated by companies like Infosys Ltd. and …

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 …