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

Vienna / Bloomberg Vienna’s Hotel Imperial, used by stars including Madonna and Mick Jagger as well as politicians and diplomats, was bought by Dubai’s Al Habtoor Group LLC for US$78.8 million. Starwood Hotels & Resorts Worldwide Inc. sold the 138-room property, which will continue to operate under its Luxury Collection brand, the Stamford, Connecticut-based company said in a statement on …

Bloomberg What do Israeli investors know about retirement homes in Indiana? Enough to lend them 265 millionshekels. Strawberry Fields, a real estate investment trust whose facilities cater to Alzheimer’s sufferers in the Midwest, is the latest of at least 14 U.S. property companies that have borrowed a combined 8.1 billion shekels ($2.07 billion) in the Israeli market since 2008, securing …

Tokyo / Bloomberg Mitsubishi Aircraft Corp., the maker of Japan’s first passenger jet, and propeller-plane maker ATR announced orders from lessors at the Singapore Airshow amid concern that a two-year, multi-billion-dollar order spree could soon start losing steam. Mitsubishi Aircraft signed a letter of intent with US lessor Aerolease Aviation LLC for 10 planes on a firm basis, with an …

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 …