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

WARSAW / Bloomberg Dropping valuations aren’t enough to convince Eastern Europe’s third-largest lender Erste Group Bank AG to buy assets in Poland, the region’s biggest market, amid growing political uncertainty in Warsaw. Consolidation among Polish banks has been slowed by uncertainty stemming from the government’s plan to convert $44 billion in foreign currency-denominated loans, a proposal called “pure evil” by …

JEDDAH / Emirates Business Arqaam Capital, the specialist emerging markets Investment Bank, said in a strategy note issued ahead of Jeddah Economic Forum to be held on March 1-3 that Saudi Arabia’s plans to implement wide-ranging institutional changes to put its fiscal policy on a sustainable footing would give an unprecedented impetus to public-privatepartnerships’(PPPs) in the country. History suggests that …

BLOOMBERG NorthStar Realty Finance Corp., a U.S. mortgage real estate investment trust, hired a division of UBS Group AG to advise on a potential recombination with NorthStar Asset Management Group Inc., the company from which it was spun off in 2014. The REIT’s board formed a special committee that will be composed of independent directors who aren’t also on 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 …