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

CAIRO / EMIRATES BUSINESS Egypt’s Sixth of October Development and Investment Company (Sodic) and Heliopolis Development Housing (Heliopolis Housing) have signed a co-development contract for a major mixed-use scheme in Cairo. Sodic will develop 70 per cent and 69.8 per cent of the residential and commercial units respectively, while Heliopolis House will develop the rest, according to a company statement. …

MANHATTAN / Bloomberg For Wendy Maitland, Town Residential’s president of sales, an Oscar-winning director client of hers was a typical real estate shopper with typical requests. He had a seven-figure budget and was keen to buy into one of the many new luxury condo complexes sprouting around Manhattan. Maitland showed him multiple locations until they whittled his choice down to …

DPA Franziska Berra has been plucking coca leaves for 65 years. In scorching heat, from 9 am until at least 5 pm, eight hours almost without a break: just coca. She never learned anything else. “Now the price has hit rock bottom,” says the 80-year-old, who bends down all day to pluck the green leaves and covers her head with …

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 …