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

Beijing / AFP Ratings agency Moody’s on Wednesday cut its outlook on China’s sovereign bonds from stable to negative, warning of increasing government debt and further capital outflows and questioning Beijing’s ability to implement economic reforms. The Chinese government’s fiscal strength has weakened with borrowing increasing across the economy and financial system and stress mounting in state-owned enterprises, Moody’s Investors …

New Delhi / Bloomberg Vodafone Group Plc and Cairn Energy Plc must decide whether to take the tax olive branch proposed by India or risk having to pay 500 billion rupees ($7.4 billion) that the government claims in taxes, penalties and interest, an official said. The government has done its best to end disputes with Vodafone and Cairn over retrospective …

Tokyo / Bloomberg Toyota Motor Corp. is handing non-Japanese executives major promotions in the third overhaul of its complex business structure in six years, as President Akio Toyoda seeks ways to make the world’s largest automaker more nimble. Didier Leroy, who was appointed the company’s highest-ranking non-Japanese executive a year ago, will add the newly created title of chief competitive …

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 …