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

BLOOMBERG Investors are turning bearish once more, flocking to cash as economic growth expectations falter, according to Bank of America Corp’s (BofA) global fund manager survey. The broadest measure of sentiment — based on cash positions, equity allocation and economic predictions — fell in the October poll after showing an improvement in the summer months, strategists led by Michael Hartnett …

BLOOMBERG Stocks struggled for direction and bonds trimmed a decline as investors kept a close eye on diplomatic efforts to contain the Israel war, including a visit to the region by US President Joe Biden planned for on Wednesday. Europe’s Stoxx 600 Index and futures contracts for US equities kept to narrow ranges as traders prepared for a flurry of …

DUBAI/WAM Masdar City, a ground-breaking sustainable urban community in Abu Dhabi, and Huawei, a leading global provider of information and communications technology infrastructure, have joined forces through a Memorandum of Understanding that will help power the UAE’s journey to net zero. The agreement, signed today at GITEX GLOBAL 2023 by key Masdar City and Huawei leaders, will lead to knowledge-sharing …

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 …