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

ABU DHABI/WAM Emirates Development Bank (EDB) has reported outstanding H1 2024 results, marking a significant impact on the UAE’s economy. The Bank’s cumulative total financing since launching its new strategy in April 2021, has reached AED11.14 billion, underscoring its commitment to vital sectors integral to the national development and diversification agenda. This financing milestone has notably boosted EDB’s contribution to …

HAVANA/WAM Hazza Ahmed Al Kaabi, UAE Ambassador to the Republic of Cuba, met with Naima Trujillo Barreto, Minister of Education of Cuba. During the meeting, the two sides discussed ways of strengthening ties between the UAE and the Republic of Cuba, and emphasised the two countries’ keenness to explore new prospects of cooperation across various fields, particularly education. Moreover, the …

AL-ARISH/WAM The UAE, as part of Operation Chivalrous Knight 3, has responded to the pleas of several displaced Palestinian families in Khan Younis who have been affected by the war and repeated displacements, by offering assistance and meeting their basic needs. Volunteers of Operation Chivalrous Knight 3 in Khan Younis have set up 10 shelter tents for the displaced families …

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 …