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

Vilnius / AFP Five EU states have proposed sanctions against Russian officials responsible for the trial of hunger-striking Ukrainian military pilot Nadia Savchenko, Lithuanian Foreign Minister Linas Linkevicius said Wednesday. Savchenko is on trial for alleged involvement in the death of two Russian state television journalists in a mortar attack that occurred two months after Ukraine’s pro-Moscow eastern revolt broke …

Tehran / AFP Iran fired two more long-range ballistic missiles on Wednesday as it continued military tests in defiance of US sanctions and fresh warnings from Washington. Coming just weeks after the implementation of Iran’s historic nuclear deal with world powers, this week’s multiple missile tests were described by Iran’s powerful Revolutionary Guards as a show of force in the …

Ankara / AFP Turkey’s foreign minister on Wednesday rejected the idea Ankara was “begging” the EU for money, after it dramatically doubled its demand for funding during crunch talks on Europe’s migrant crisis. The European Union and Turkey clinched a deal in November for three billion euros ($3.3 billion) in funds for refugees in return for Ankara’s cooperation in tackling …

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 …