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

RIYADH / Bloomberg JLL, the world’s leading real estate investment and advisory firm, has released its inaugural ‘2016 Top Trends for KSA Real Estate’. Modelled on similar JLL reports in other markets, the KSA Top Trends will be an annual report which will assess and forecast the major trends which are likely to impact and shape the KSA real estate …

NEW YORK / Bloomberg The total cost of the World Trade Center rebuilding project will come in at the lower end of the $14.8 billion to $15.8 billion range projected four years ago, a Port Authority of New York and New Jersey official said. The cost estimate was contained in a 2012 report commissioned by the agency’s board as it …

London / Bloomberg China’s Ministry of Finance said it will cut taxes on home transactions as it steps up support for the property market, after the central government eased mortgage down payment requirements to the lowest level ever earlier this month. China will set the deed tax at 1.5 percent of the home’s value for first residences bigger than 90 …

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 …