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

SHARJAH / WAM The Sharjah Consultative Council (SCC) approved the draft law regarding the budget of departments and entities of the Sharjah government for the fiscal year 2024 during its second meeting held today at its headquarters in the city of Sharjah as part of its first regular session. The meeting was chaired by Dr Abdullah Belhaif Al Nuaimi, Chairman …

TASHKENT / WAM President Shavkat Mirziyoyev of the Republic of Uzbekistan witnessed the grid connection of renewable energy projects totaling 1.4 gigawatts (GW), developed by Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies. During the grid connection ceremony, President Mirziyoyev was joined on stage by Mohamed Jameel Al Ramahi, Chief Executive Officer …

ABU DHABI / WAM Adnoc Distribution announced that it has become the official partner of Pyramids FC, a leading Cairo-based football club which competes in the Egyptian Premier League, and represents the country in Africa’s CAF Champions League this season. The partnership was announced in a special ceremony held at Adnoc Distribution’s headquarters in Abu Dhabi and is considered the …

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 …