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 The Central Bank of the United Arab Emirates (CBUAE) announced that monetary deposits increased by over 1.74 percent or AED13.1 billion in April, reaching AED764 billion, compared to AED750.9 billion in March. According to CBUAE’s statistics for April, issued today, government deposits increased to AED508.8 billion, while quasi-monetary deposits settled at AED1.256 trillion. Currency issued reached AED146.8 billion …

ABU DHABI/WAM The Abu Dhabi Arabic Language Centre (ALC) announced the results of the fourth cycle of its Research Grants Programme, which aims to encourage researchers in various fields related to the Arabic language and provide support for quality research projects that advance and promote the Arabic language. This year, the Programme received 270 applications from 31 countries, with the …

DUBAI/WAM The Ministry of Finance has wrapped up its Government Financial Management Awareness Programme for the first half of the year, after offering nine courses attended by over 1,000 employees from 48 federal entities. The programme provided comprehensive training on various aspects of effective government financial management, including government procurement, accounting standards, debt collection, tax procedures, financial period closure, asset …

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 …