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

BLOOMBERG The renewable energy unit of South Korea’s SK Inc secured a site required to develop a $15 billion green hydrogen project in Canada that’s set to be one of the world’s biggest. SK ecoplant Co received approval to use 1,078 square kilometres (670 square miles) of Canada’s state-owned property, known as Crown Land, to harness wind energy to develop …

BLOOMBERG Every morning, thousands of construction workers in Qatar start their day by soaking their uniforms in water. The two-minute ritual kickstarts an important process: When the workers are toiling outside — often at summer temperatures above 120F (48C) —  their uniforms can cool skin temperature by as much as 8C (14F), for up to seven hours. The uniforms are …

DUBAI / WAM The Mohammed Bin Rashid Space Centre (MBRSC) on Sunday announced the successful undocking of Crew-6, which includes astronaut Sultan AlNeyadi, from the International Space Station (ISS). This marks the beginning of the crew’s return journey after the 6-month-long space mission. The Dragon Endeavour spacecraft carrying onboard Sultan AlNeyadi along with his Crew-6 crewmates, Nasa astronauts Stephen Bowen …

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 …