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

BLOOMBERG  JD.com aims to create seven listed firms with market values of $14 billion apiece, outlining aggressive targets spanning two decades as it wrapped its signature 2023 sales gala with another record haul. Sales volume during its “6.18” June online bargains event, reached an all-time high, the company said in a WeChat post. The summer online sales event, in which …

BLOOMBERG  Airbus SE is in talks with Grupo Viva Aerobus SAB for a large narrowbody aircraft order that would fuel the Mexican low-cost carrier’s expansion, people familiar with the discussions said. The companies held talks and were expected to announce an accord at the Paris Air Show starting from Monday, said the people, asking not to be identified discussing private …

BLOOMBERG  The Federal Aviation Administration (FAA) said it will investigate an incident where the wing of a United Airlines Holdings Inc flight clipped the tail of a Delta Air Lines Inc plane at Boston Logan International airport. The incident occurred while United Flight 369 was taxiing and Delta Flight 1657 was at a holding pad, the FAA said in 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 …