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

New York / AFP Beaten-down technology and banking shares jumped Tuesday as US stocks shrugged off a drop in oil prices to move firmly higher. The Dow Jones Industrial rose 222.57 points (1.39 percent) to 16,196.41. The broad-based S&P 500 climbed 30.80 (1.65 percent) to 1,895.58, while the tech-rich Nasdaq Composite Index jumped 98.44 (2.27 percent) to 4,435.96. Apple and …

LONDON / Bloomberg Roll your dice. Pass “Go.” Collect $200. Buy a railway station. In reality, investing in commercial real estate has never been as simple as Monopoly makes it seem. Individuals generally can’t buy directly into commercial property development deals at all. But now U.K. startup BrickVest is seeking to do something vaguely reminiscent — it’s bringing big-time commercial …

New York / Bloomberg Confidence among U.S. homebuilders dropped in February to a nine-month low as potential buyers stayed away, interrupting the steady progress residential real estate had built over the course of 2015. The National Association of Home Builders/Wells Fargo builder sentiment index decreased to 58 in February from a revised reading of 61 the prior month, figures from …

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 …