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

BLOOMBERG Billionaire Gautam Adani’s renewable energy unit is planning to raise at least $2 billion in mostly new debt next year, people familiar with the matter said, as it capitalises on renewed confidence among creditors in its ambitious expansion plans. Ahmedabad-based Adani Green Energy Ltd is exploring various instruments including private placement of debt, offshore bank loans as well as …

HANOI / WAM Thanks to significant achievements in medicine, increasing quality, and reasonable costs of medical examination and treatment services, Vietnam’s healthcare establishments are seeing rising numbers of foreign patients arrive at their doors, including those from developed countries such as the US and Canada. According to the Vietnam News Agency (VNA), hospitals in Vietnam have successfully treated foreign patients …

DUBAI / WAM Marking the culmination of the “Year of Sustainability” in 2023, the Emirates Environmental Group (EEG) has hosted its annual “For Our Emirates We Plant” campaign on the symbolic date of 23.12.23. This year’s event unfolded at the pristine Al Naseem Reserve in Al Manama, Ajman. The campaign was conducted in partnership with the Ajman Municipality and witnessed …

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 …