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 The UAE has welcomed the start of the United Nations implementation of its plan to unload oil from the tanker FSO Safer off the coast of Yemen in the Red Sea, which posed a major threat to the marine environment, international navigation and global trade. The Ministry of Foreign Affairs (MoFA) commended the international efforts and …

DUBAI / WAM The Court of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, mourned the late HH Sheikh Saeed bin Zayed Al Nahyan, Abu Dhabi Ruler’s Representative, who passed away on Thursday. The following is the text of the statement: In the name of Allah, the Most Gracious, the Most Merciful.. …

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has commissioned 676 11kV distribution substations across Dubai in the first half of 2023. The construction of the substations and jobs related to new customers resulted in a total of 505,684 man-hours, according to the highest standards of quality and efficiency. Saeed Mohammed Al Tayer, MD and CEO of Dewa, said, …

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 …