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

ABU DHABI / WAM The aggregate capital and reserves of banks operating in the UAE increased 13.3 percent, reaching AED481.5 billion by the end of November 2023 compared to AED424.9 billion at the end of the same period of 2022, according to the Central Bank of the UAE’s (CBUAE) statistics. According to the CBUAE monthly report, the aggregate capital and …

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, discussed during a phone call with Dr. Arnoldo André Tinoco, Minister of Foreign Affairs and Worship of Costa Rica, bilateral ties and new avenues for collaboration, aimed at serving the mutual interests of both nations. During the call, the ministers discussed ways to further enhance …

ABU DHABI / WAM The World Trade Organization’s (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi next week is an opportunity for the organization to equip itself to meet the global challenges, Japanese Foreign Minister Yoko Kamikawa told the Emirates News Agency (WAM). MC13 is taking place as the rules-based multilateral trading system, with WTO at its core, faces multiple …

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 …