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

ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced today that it has successfully raised USD 500 million via a green Sukuk offering, marking the world’s first ever green USD sukuk issued by a financial institution. ADIB, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable outlook, priced the …

ABU DHABI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, affirmed that the UAE government adopts a proactive approach to meet the requirements of the development march. His Highness Sheikh Mohammed bin Rashid Al Maktoum added: “A year ago, we launched ‘We the UAE 2031’… More than 152 federal government projects …

ABU DHABI/ GULF TIME Today marks the grand opening of the 1st Regional Great Audit Minds (GAM) Conference 2023 in Hilton Abu Dhabi Yas Island Hotel, and concludes on November 8, 2023. The event commenced with great fanfare and was attended by a host of dignitaries, industry leaders, and over 1,300 professionals from around the globe, signaling a milestone in …

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 …