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

SHARJAH / WAM In a drive to resonate with the youthful spirit of innovation and boundless potential, the Sharjah Entrepreneurship Centre (Sheraa) announces the launch of their ‘Sheraa Youth Ambassadors’ campaign, marking a transformative step towards amplifying the voices of UAE’s most outstanding young talents. Launching in conjunction with International and UAE Youth Day on August 12, the campaign, powered …

BLOOMBERG Archer Aviation Inc said it raised $215 million in funding and patched up a legal dispute with Boeing Co, paving the way for the electric air-taxi startup to collaborate with its former adversary on future designs. Archer received investments from Boeing, as well as existing backers Stellantis NV, United Airlines Holdings Inc and tech-focused Ark Invest, it said in …

BLOOMBERG Sicily’s largest airport in Catania reopened after an eruption of Mount Etna forced it to close. The website of Catania Airport, Italy’s sixth by passenger traffic before the pandemic, is showing mostly regular flights with some minor delays and a few cancellations. Mount Etna, Europe’s most active volcano, erupted  in the southeast crater at an altitude of about 2,700 …

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 …