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

BOGOTÁ / WAM Mohammed Abdullah bin Khater Al Shamsi presented his credentials as Ambassador Extraordinary and Plenipotentiary of the UAE to the Republic of Colombia, to Gustavo Petro Urrego, President of the Republic of Colombia, during an official ceremony held at the Presidential Palace in the capital Bogotá. Al Shamsi conveyed the greetings of President His Highness Sheikh Mohamed bin …

  DUBAI/ GULF TIME California-based Joby Aviation, a company developing all-electric aircraft for commercial passenger service, is all set to launch air taxi services in Dubai by early 2026, with Joby targeting initial operations in 2025. Bonny Simi, the president of operations at Joby Aviation, shares insights with the Gulf Time’s Arunima Mishra on inter-emirate air taxi services, for example …

ABU DHABI / WAM The assets of Islamic banks operating in the UAE increased by about AED86 billion over the past 12 months, according to the latest statistics from the Central Bank of the UAE (CBUAE). The statistics showed that the assets of Islamic banks reached AED717.7 billion at the end of February 2024, reflecting an annual increase of 13.61 …

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 …