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

CAIRO/WAM The Emirates Red Crescent (ERC) signed a medical equipment supply contract for the Ahl Masr Burns Hospital in Cairo as part of the ERC’s initiative announced during the 7th edition of the Zayed Charity Marathon in Alexandria last year. The initiative aims to allocate the event’s proceeds to support the hospital. The contract was signed by Mariam Khalifa Al …

DUBAI/WAM Angel Luis Arias, Spain’s Permanent Representative on the Council of the International Civil Aviation Organisation (ICAO), expressed confidence that the high prices of sustainable aviation fuel (SAF) will gradually decline over time. He attributed the current high prices to SAF’s novelty in the market and the limited number of SAF producers. “In the coming years, we anticipate a significant …

DUBAI/WAM The UAE Space Agency is leading the first participation of the Space Pavilion in the 28th Conference of the Parties of the UNFCCC (COP 28), between 30 November to 12 December 2023, under the slogan ‘Space for Sustainability’. Sarah Al Amiri, Minister of State for Public Education and Advanced Technology and Chairperson of UAE Space Agency, said, “At a …

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 …