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

JEDDAH / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Minister of the Presidential Court, held a meeting on Friday with President Bashar al-Assad of Syria on the sidelines of the 32nd Arab League Summit. During the meeting, they exchanged cordial talks that reflected the strong fraternal relations between the two countries and …

BLOOMBERG Deep in the bowels of Wall Street there’s a surprisingly successful counterfeiting operation underway: The world’s largest banks have created a booming business churning out imitation quant trades. JPMorgan Chase & Co, Goldman Sachs Group Inc and Morgan Stanley are among those hawking the products, which are known by the deceptively dreary name “quantitative investment strategies” (QIS). It’s the …

BLOOMBERG Shares of Adani Group companies rallied, trimming their losses for the week, after a panel appointed by India’s Supreme Court found no conclusive evidence of stock price manipulation as alleged by US short-seller Hindenburg Research. Flagship Adani Enterprises Ltd surged 3.5% on the court findings. Other group entities like Adani Transmission Ltd, and Adani Power Ltd closed higher by …

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 …