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

SHARJAH/ GULF TIME Sharjah has officially become home to an exciting new entertainment destination as Fly High Balloon Operations LLC. launched its inaugural Big Balloon Ride at the picturesque Al Majaz Waterfront. Offering a unique and thrilling experience, the Big Balloon Ride promises to elevate the city’s entertainment scene to new heights. The Big Balloon Ride stands as the centrepiece …

ABU DHABI / WAM The Zayed Humanitarian Legacy Initiative will allocate AED20 billion (US$5.45 billion) over 10 years in support of institutions and projects working to deliver aid, address inequality, and advance sustainable development solutions, the International Humanitarian and Philanthropy Council said today. The Council, chaired by H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the …

ABU DHABI / WAM The aggregate capital and reserves of banks operating in the United Arab Emirates (UAE) reached AED500 billion at the end of January 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE). This represents an annual increase of AED58.2 billion, or 13.3%, from AED438.6 billion in January 2023. On a monthly basis, …

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 …