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

BLOOMBERG Joby Aviation Inc jumped 40% after a crucial green light from US regulators in its quest to build electrically powered air taxis. The company, based in Santa Cruz, California, said in a statement that the go-ahead from the Federal Aviation Administration (FAA) will let it test flying taxis coming off its production line; it previously could only demo a …

BLOOMBERG Virgin Galactic Holdings Inc sent paying customers to the edge of space for the first time, a milestone for the Richard Branson-founded company almost two decades in the making. The VSS Unity craft reached space at about 9:30 am local time in New Mexico on June 30, Virgin Galactic revealed in a livestream of the event on its website. …

DUBAI / GULF TIME Maison Luxe, the iconic luxury multi-brand retailer of watches and jewelry located in Dubai Mall, hosted an exclusive event on June 21st for the grand launch of four captivating watches from the Riviera collection by Baume & Mercier. The occasion showcased the exceptional craftsmanship and enduring elegance the Baume & Mercier is renowned for. With a …

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 …