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

Doha / Emirates Business Qatar banks’ credit to real estate sector jumped 27.36 percent to QR125bn in 2015, compared to QR95bn reported a year ago. Qatar Central Bank’s (QCB) preliminary estimates for the fourth quarter of 2015 showed the credit distribution to the sector hit at QR114bn during the third quarter of 2015. The banks’ total domestic credit rose to …

SYDNEY / Bloomberg Sydney dwelling values climbed for the second consecutive month, clawing back some of the losses from the end of 2015, according to CoreLogic Inc. Home values in the nation’s largest city increased 0.5 percent in February, the research firm said in a statement on Tuesday. Notwithstanding the increase, Sydney home values are still down 0.2 percent in …

NEW YORK / Bloomberg The U.S. is a nation divided — divided between zip codes where economic times are good and zip codes where they really aren’t. This map was compiled by the Economic Innovation Group, a new Washington think tank with Silicon Valley backing. It’s based on a variety of economic indicators, most for the years 2010 to 2014, …

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 …