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

New Delhi / AFP New industries must be explored to lessen the country’s dependency on traditional commodities, especially in current times when prices are sliding, said Malaysia Prime Minister Najib Razak. Najib said developing new industries, like the biomass sector, had great potential for the country. Malaysia, he said, had set its sight on becoming a premier biomass processing hub …

Singapore / DPA Developer CapitaLand’s serviced residence business unit, The Ascott, aims to fast-track its expansion into China by forging a strategic alliance with a major mainland player, Dongfu Investment Development Corp. The Ascott is already the largest international serviced residence owner-operator in China, with more than 14,000 units in 24 cities. The partnership, gives Ascott first right to manage …

Singapore / DPA The strong wage growth that workers enjoyed last year might not be sustainable, given the lacklustre economic outlook and Singapore’s flagging labour productivity. Ministry of Trade and Industry (MTI) permanent secretary Ow Foong Pheng said at a press briefing that demand for labour may be more subdued this year, given the “challenging near-term outlook for the Singapore …

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 …