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

BRUSSELS / WAM In 2022, 75% (193.5 million) of the European Union’s (EU) 20-64-year-olds were employed, the highest share recorded since the start of the time series in 2009, according to data on the labour force published by Eurostat. The employment rate dropped to 72% in 2020 due to the Covid-19 pandemic, but rebounded to 73% in 2021 and further …

BLOOMBERG Singapore’s top diplomat expressed “grave concern” over altercations in the South China Sea following a near collision between Chinese and Philippine vessels in the highly-contested region. Foreign Minister Vivian Balakrishnan said his government wants all nations, including superpowers, to work together to ensure “free access and opportunities” in Southeast Asia and its sea lanes. “So obviously we do view …

BLOOMBERG Russia targeted Ukrainian cities with cruise missiles in the early hours on Monday that Ukraine’s army chief said were mostly intercepted. At least 34 people were reported hurt by a missile strike in Ukraine’s central Dnipropetrovsk region. The barrage of attacks comes as Ukraine prepares for another ground offensive against Russian forces. Ukraine pushed back Russian troops from some …

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 …