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

DUBAI / WAM Ahmed Jasim Al Zaabi, the Chairman of Abu Dhabi Department of Economic Development (Added), has attributed Abu Dhabi’s success to continuous evolution, diversification, and sustainable growth. Speaking at the Oracle CloudWorld Abu Dhabi, he emphasised their focus on knowledge, innovation, and long-term sustainability as the pillars of Abu Dhabi’s Falcon Economy. Abu Dhabi’s transformation into a global …

WELLINGTON / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, visited New Zealand from to enhance cooperation between the two countries in the economic, trade, and cultural fields. During the visit, she met with Nanaia Mahuta, Minister of Foreign Affairs of New Zealand; Damien O’Connor, Minister of Commerce; and James Shaw, Minister of Climate Change, to …

ABU DHABI / WAM e& announced its consolidated financial results for the first quarter of 2023. The company’s consolidated revenues reached AED13.0 billion. At constant exchange rates, revenue increased by 6.6 percent. Consolidated net profit recorded AED2.2 billion while consolidated Ebitda reached AED6.2 billion, resulting in an Ebitda margin of 48 percent. In the UAE, etisalat by e& recorded 13.9 …

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 …