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

ABU DHABI/WAM The Abu Dhabi Business Centre (ADBC) at the Abu Dhabi Department of Economic Development (ADDED) announced the addition of 30 new activities to the Freelancer Licence. This expansion allows UAE nationals and residents to pursue a wider range of business opportunities, fostering Abu Dhabi’s supportive economic environment that encourages entrepreneurship and facilitates business establishment at minimal cost. The …

DUBAI/WAM DP World Limited today announced resilient financial results for the first six months to 30 June 2024. On a reported basis, revenue grew by 3.3% to $9,335 million while adjusted EBITDA3 decreased by 4.3% to $2,497 million with an adjusted EBITDA margin of 26.8%. Like-for-like gross container volumes growth of 6.1% driven by strong growth in Americas, Europe, Asia …

ABU DHABI/WAM AD Ports Group on Thursday announced the completion of the acquisition process of the Tbilisi Dry Port, which sees the Group become the majority owner with a 60% stake. The state-of-the-art, rail-linked, and custom bonded intermodal logistics hub, in Georgia – scheduled to be operational in October 2024 – further strengthens the Group’s role in connecting Asia 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 …