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

BLOOMBERG The UK’s Civil Aviation Authority (CAA) has taken enforcement action against Wizz Air Holdings Plc after many passengers complained about the carrier failing to reimburse them for delayed or cancelled flights. The Hungarian-based airline has committed to making policy changes to ensure it is compliant with passenger rights obligations, the CAA said. Customers whose claims were incorrectly rejected by …

BLOOMBERG Deutsche Lufthansa AG is fighting a landmark ruling that toppled the European Union’s approval for its €6 billion ($6.6 billion) German recapitalisation at the height of the Covid-19 pandemic. Europe’s biggest network carrier said it filed an appeal at the EU Court of Justice against the May 10 judgment by a lower tribunal, which backed claims by Ryanair Holdings …

BLOOMBERG US aviation regulators announced two new steps to tighten the process of approving airliner designs, actions required by Congress after crashes on Boeing Co 737 Max aircraft killed 346 in 2018 and 2019. The Federal Aviation Administration’s (FAA) policy changes will take effect in 30 days after the public and industry have a chance to comment on them, the …

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 …