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

BLOOMBERG Domestic institutional investors are on track for their biggest monthly exodus from Indian stocks in two-and-a-half years, another warning sign on the longevity of the record rally in the $3.7 trillion market. Local funds, insurers and banks have sold a net $1.1 billion worth of shares so far in July, the most since February 2021, according to data compiled …

BLOOMBERG The pound weakened and global bonds rallied after inflation in Britain slowed more than expected, reviving speculation about how many more times the Bank of England (BOE) will increase interest rates. Stocks in the UK and Europe advanced. The UK Consumer Prices Index was 7.9% higher than a year ago in June, a sharp drop from the 8.7% reading …

DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, witnessed the launch of the 11th National Dialogue for Climate Ambition, organised by the Ministry under the slogan “Accelerating the Shift; Decarbonising Ground Mobility” in collaboration with Emirates Driving Company. The 11th edition of the dialogue targets the transport sector and enhances its sustainability and participation …

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 …