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

“The sky is falling! The sky is falling!” represents the new conventional wisdom for some journalists appraising the current state of outward foreign direct investment (OFDI) from the People’s Republic of China (PRC). Rejected in Mexico due to domestic party politics, whipsawed in Sri Lanka by changes in government, obstructed by protests in Myanmar, scuppered by the U.S. Committee on …

Australia is in the midst of evaluating its strategic partner for SEA1000, the Future Submarine Project. As Andrew Davies, director of the Australia Strategic Policy Institute, wrote, this is a “wonderful case study of defense acquisition” spanning “every aspect of defense decision-making from long-term strategic crystal ball gazing, including the possible impact of future technologies, through military strategy development and …

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.61% to close at 4367.17 points. Accordingly the Market Capitalization has lost AED 4.31 billion attaining AED 708.41 billion. A total of 2.16 billion shares were traded with a total value of AED 2.8 billion during the trading session of 02-03-2016 through 22489 transactions. The number of companies which …

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 …