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

ABU DHABI/ GULF TIME Michael Rutman, CEO of Ma Hawa, an Emirati brand owned by Baynunah Watergeneration Technologies SP LLC, praised the UAE’s commitment to global water security and said: “The launch of the ‘Mohamed bin Zayed Water Initiative’ by the UAE is a truly commendable step forward in addressing the critical issue of water scarcity. The initiative’s focus on …

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) employees have recycled 499,541 plastic bottles and aluminium cans from October 2022 until the end of December 2023. This is equivalent to diverting 7,108 kilograms of waste from landfills. Dewa provides smart machines to recycle plastic bottles and aluminium cans in some of its buildings. These machines are operated using …

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has reviewed the UAE Government’s financial achievements and initiatives for the year 2023. The outcome included 151 Cabinet decisions related to the financial sector, covering the launch of new policies and initiatives, legislations and laws, as well …

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 …