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

Emirates Business Saudi Arabia’s ACWA Power International said that it has acquired 70 per cent of Sunrise Solar Energy Psc, which is developing a 50-megawatt solar power plant in Mafraq Governorate, a statement by the Saudi company said. The value of the deal was not revealed, but experts estimate that a plant of such capacity is worth more than $200 …

Can Thailand’s military government achieve its ambitious 3.5 percent gross domestic product growth target and stave off social instability amid mounting signs of structural economic decline? As exports swoon amid a global slowdown and consumption gasps under high household debts, Thailand’s near-term growth will necessarily be state-led. Whether Prime Minister Prayut Chan-o-cha’s military administration lives up to the policy challenge …

Lots of Americans, especially Republican-Americans, are pretty steamed about illegal immigration. Stopping it with a big new wall at the Mexican border is one of the signature campaign promises of GOP front- runner Donald Trump. As journalists and others have pointed out, though, the number of undocumented immigrants in the U.S. appears to have peaked in 2007. To put it …

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 …