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

WORLD CAPITALS / WAM Gold prices took a breather from a record-breaking rally on Monday, with traders awaiting a key inflation report for fresh clues on the timing of rate cuts. According to Reuters, spot gold was steady at $2,179.97 per ounce, as of 0731 GMT. US gold futures were also little moved at $2,186.70. Gold climbed a record peak …

DUBAI / WAM Dubai Multi Commodities Centre (DMCC) on Monday published its 2023 Annual Report and confirmed its second-best year on record as companies continue to flock to its business district. A total of 2,692 new companies joined DMCC last year, bringing the total number of companies in DMCC to over 24,000. The launch of new industry ecosystems, the expanded …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received congratulatory messages from Kings, Presidents, and Emirs of Arab and Islamic nations, on the occasion of the Holy Month of Ramadan. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed …

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 …