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

DUBAI / WAM The Board of Directors of Salik Company PJSC, Dubai’s exclusive toll gate operator, chaired by Mattar Al Tayer, Chairman of the Board, have approved the company’s financial results for the year ended on December 31, 2023. Salik continued to deliver strong top-line performance in 2023, with 461.4 million revenue-generating trips and record total revenue of AED2.109 billion. …

SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Shurooq, led a detailed trip to three upcoming project developments of the Sharjah Investment and Development Authority (Shurooq) in Sharjah’s historic and naturally diverse eastern region of Khorfakkan. Sheikha Bodour was accompanied on her visit by Ahmed Obaid Al Qaseer, Chief Executive Officer of Shurooq, and several of the …

SHARJAH / WAM In line with the directives of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, aimed at providing a stable and decent life for citizens, the Sharjah Debt Settlement Committee (SDSC) approved AED69.426 million to clear the debt of 131 citizens. Rashid Ahmed bin Al Shaikh, Chairman of Al Dewan Al …

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 …