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

VIENNA / WAM Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure, has affirmed that voluntary oil output cuts by Opec and non-Opec producers have contributed to ensuring global oil market stability and balance in market fundamentals between supply and demand. In statements to the Emirates News Agency (WAM), on the sidelines of the 8th Opec International Seminar, …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today spoke by telephone to Rishi Sunak, Prime Minister of the United Kingdom. The two leaders reviewed the historical relationship between the UAE and the UK and discussed ways to further drive progress under the “Partnership for the Future”, established in September 2021. Both sides also …

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) has taken a significant step towards expanding economic cooperation between the UAE and Israel by signing a Memorandum of Understanding (MoU) with the Manufacturers’ Association of Israel (MAI). The agreement was signed by Chief Government and Corporate Relations Officer of Rakez, Yaser Abdulla Al Ahmed, and Deputy CEO of …

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 …