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

COPENHAGEN/WAM Extreme heat kills over 175,000 people a year in Europe, where temperatures are rising quicker than the rest of the globe, the World Health Organisation (WHO) said Thursday. In a statement, the WHO Regional Director for Europe Dr. Hans Henri P. Kluge said, “The WHO European Region is the fastest-warming of the six WHO regions, with temperatures rising at …

ABU DHABI/WAM The United Arab Emirates has welcomed the ceasefire announcement between the Democratic Republic of the Congo and the Republic of Rwanda, in North Kivu region, east of the DR Congo. Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, affirmed the deep-rooted historic ties between the UAE and the African continent, and commended the endeavours of the Republic …

GULF TIME The well-known Prague hotel Alcron, located in the center of one of the most beautiful European metropolises, underwent a complete renovation and reopened its doors earlier this year as Almanac X Alcron Prague. The icon of the European hotel industry belongs to the luxurious collection of prestigious hotels Almanac Hotels, which is owned by the Viennese Haselbacher family. The …

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 …