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

BLOOMBERG  UBS Group AG Chief Executive Officer (CEO) Sergio Ermotti, who’s overseeing the takeover of Credit Suisse Group AG in a government-brokered rescue, said he saw problems at UBS’s smaller competitor as early as 2015. “UBS was very well positioned from 2015, we had done our homework after the financial crisis,” Ermotti said in an interview with the Schweiz am …

BLOOMBERG  Electric bicycles are poised for a breakout year in Europe’s biggest economy. Battery-powered two-wheelers will outsell traditional bikes in Germany for the first time in 2023, according to projections from the country’s industry group. They’re already dominant in the mountain bike category, where nine in ten bicycles are powered by a motor. While the e-bike boom hasn’t meaningfully pushed …

BLOOMBERG  For months, Google has been under pressure to reinvent its core search business and respond to the rise of artificial intelligence (AI) programmes that can generate content. Google started introducing more to the public — slowly. At its annual developer conference, Google unveiled a version of its search engine that uses large language models, AI tools that are trained …

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 …