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

DUBAI / WAM flydubai announced record-breaking annual results for its financial year ending on December 31, 2023, with net profit reaching AED2.1 billion (US$572 million), an increase of 75 percent compared to 2022, marking the carrier’s strongest-ever performance. Meanwhile, the company’s total annual revenue settled at AED11.2 billion (US$3 billion) compared to AED9.1 billion (US$2.5 billion) in 2022; an increase …

DUBAI/ GULF TIME The National Association for Freight and Logistics (NAFL) and International Federation of Freight Forwarders Associations (FIATA) revealed the key topics and programme of the FIATA-RAME (Region Africa Middle East) Field Meeting & Conference, happening on 5th & 6th March 2024, at the press conference held today at the Taj Exotica Resort, Dubai. The event will be hosted …

DUBAI/ GULF TIME Galadari Automobiles Co. launched the highly anticipated first-ever MAZDA CX-60 and CX-90 models during the inaugural ceremony of the all-new Mazda Showroom on Sheikh Zayed Road, Dubai, marking a momentous milestone in the 50-year partnership between Galadari Automobiles and Mazda Motor Corporation, Japan. This demonstrates the company’s commitment to excellence as well as successfully meeting customers’ needs, …

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 …