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 Tabreed, the UAE’s leading international district cooling company, on Thursday released its consolidated financial results for the year 2023, reporting a revenue of AED 2.4 billion — a 9 percent increase over 2022 — and a net profit attributable to parent, before deferred tax, of AED 751 million. Tabreed’s balance sheet strengthened further, underscored by an …

SHARJAH / WAM The 13th Sharjah Light Festival (SLF), taking place from February 7-18, brings several specialised workshops and a photowalk in collaboration with FotoUAE, a platform dedicated to supporting photographers in the UAE through the online publication of photos captured within the nation. These activities, carefully curated to cater to varying interests and skill levels, aim to provide participants …

DUBAI / WAM Abdullah bin Sultan bin Awad Al Nuaimi, the Minister of Justice, highlighted the UAE’s digital government strategy and the country’s proactive vision for embracing the tremendous technological advancements during a meeting with justice ministers from various countries at the recently concluded the World Governments Summit (WGS) in Dubai. He emphasised the importance of using artificial intelligence (AI) …

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 …