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 AED8.89 billion ($2.42 billion) refinancing of the UAE’s Barakah Nuclear Energy Plant has been selected as the ESG Loan Deal of the Year by the prestigious Bonds, Loans & Sukuk Middle East Awards. Barakah One Company, the financing and commercial subsidiary of the Emirates Nuclear Energy Corporation (ENEC), achieved groundbreaking refinancing with the participation of …

ABU DHABI / WAM Minister of Industry and Advanced Technology and COP28 President Dr Sultan Al Jaber addressed the ‘First Meeting of the Board of the Fund for responding to loss and damage’ and urged Parties to “build on progress” and deliver “lasting, positive, socio-economic impact” to help the most vulnerable to climate change. During his address, Dr Al Jaber …

RIYADH / WAM The Ministry of Finance participated in the 2024 Islamic Development Bank (IsDB) Group Annual Meetings held in Riyadh, Saudi Arabia. This year’s annual meetings coincided with the Golden Jubilee of IsDB, marking the bank’s 50th anniversary since its establishment. The Board of Governors and General Assemblies are the IsDB Group’s highest decision-making bodies. The annual meetings, held …

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 …