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

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, on Thursday received Bogdan Octavian Badica, Ambassador of Romania to the UAE, at the Saqr bin Mohammed City. Sheikh Saud and the Romanian ambassador reviewed a number of issues of mutual interest and ways to boost the distinguished ties …

ABU DHABI/WAM Abu Dhabi Future Energy Company (Masdar), and its partners Abu Dhabi National Energy Company (TAQA), EDF Renewables and JinkoPower, together with procurer Emirates Water and Electricity Company (EWEC), have inaugurated the world’s largest single-site solar power plant ahead of the UAE hosting the UN Climate Change Conference (COP28). The 2 GigaWatt Dhafra Solar Photovoltaic Independent Power Project was …

BLOOMBERG Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only modest progress in the strained ties and as fresh data renewed concern over the world’s second-largest economy. The Hang Seng China Enterprises Index closed down 1.4% to lead losses among major Asia equity gauges. It jumped 4% in the previous session …

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 …