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

HANOI / WAM The Vietnam Stock Exchange (VNX) reported revenue of over 1.92 trillion VND ($78.26 million) in 2023, down nearly 44% compared to the previous year, reported Vietnam News Agency (VNA). Of the figure, nearly 1.86 trillion VND, or 97% came from investment activities in the two subsidiary companies — the Ho Chi Minh Stock Exchange (HoSE) and the …

ABU DHABI / WAM e& announced its consolidated financial results for fiscal year 2023 reporting a record consolidated net profit of AED10.3 billion, a growth of 3 percent year-over-year. Underlining the group’s commitment to value creation for its shareholders, e&’s Board of Directors proposes a dividend of AED0.40 per share for the second half of 2023 representing a total dividend …

DUBAI / WAM Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the UAE, underscored its pivotal role in fostering sustainable, self-reliant economic growth across key sectors during Global Trade Review MENA 2024 (GTR MENA) at Jumeirah Emirates Towers in Dubai. During the event, EDB highlighted its cutting-edge supply chain finance and trade finance …

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 …