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

NEW YORK / WAM Gold prices edged lower on Wednesday after hitting a one-month high earlier in the session, as the US dollar regained some ground. Spot gold fell 0.3 percent to US$4,828.07 per ounce as of 02:49 GMT, after hitting its highest since 18th March earlier. US gold futures for June delivery were steady at US$4,851.30. Among other metals, …

ABU DHABI / GULF TIME In celebration of World Art Day tomorrow, Abu Dhabi stands as a destination for art lovers and cultural explorers alike. From the world-class museums at Saadiyat Cultural District to city galleries, the capital offers a unique and memorable experience that captures creativity in every form. At the heart of this is the Louvre Abu Dhabi, Picasso, the …

DUBA/WAM Dubai Properties, a member of Dubai Holding Real Estate, has awarded contracts worth nearly AED1.1 billion to Metac General Contracting Co. LLC for the construction of 850 townhouses at Villanova in Dubailand, accelerating the next phase of growth at one of Dubai’s most established family communities. The award covers phase 1 and phase 2 of La Tilia, comprising 500 …

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 …