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

DUBAI/WAM Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, today announced its financial results for the first half of 2024, reporting total revenues of AED1.352 billion, rising 10.3 percent year-on-year (YoY). Empower’s first six months’ EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortisation) grew 6.0 percent YoY to AED693 million, while earning AED428 million …

SHARJAH/WAM H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of Sharjah Executive Council (SEC), chaired on Tuesday the meeting of the SEC, held at the Sharjah Ruler’s Office. During its meeting, the SEC discussed a number of topics related to government work in the Emirate of Sharjah to develop and upgrade services. …

SHARJAH/WAM Technomak, a turn-key EPC company specializing in the fields of oil and gas, FPSO, and renewable energy, has announced a significant expansion plan in the Hamriyah Free Zone, Sharjah. In response to increasing global demand for its products, Technomak will add 500,000 square feet to build a new factory, increasing the total area of its facilities in the free …

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 …