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

BLOOMBERG Ryanair Holdings Plc won European Union (EU) court challenges against billions of euros of state aid for rival Air France-KLM, in the latest round of the Irish carrier’s campaign against allegedly unfair subsidies doled out during the Covid-19 pandemic. The EU’s General Court annulled the bloc’s formal approvals for the aid, saying regulators failed to vet the potential impact …

SHARJAH / WAM The Sharjah Finance Department signed a memorandum of understanding (MoU) with the Federal Tax Authority (FTA) regarding the disclosure of information in the possession of the authority or its employees, determining the cases, in which it is permitted to disclose information and the associated procedures for monitoring, security, subsequent disclosure, and accuracy of information. Walid Al Sayegh, …

BLOOMBERG Southwest Airlines Co pilots will vote next month on a proposed new contract that would boost pay 50% over the five-year term of the deal and could end a multiyear round of negotiations and protests at the four largest US carriers. The board of the Southwest Airlines Pilots Association decided to send the agreement to its roughly 11,000 pilots …

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 …