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

BLOOMBERG Bangladesh’s garment factories, a key source of foreign exchange for the South Asian nation, face the heightened risk of fires as summer temperatures soar, an industry lobby group warned. The Bangladesh Garment Manufacturers and Exporters Association, the main industry body in the world’s No 2 exporter after China, issued 11 instructions to its 4,500 members over the weekend. These …

BLOOMBERG European Commission President Ursula von der Leyen called on the European Union to maintain a common position towards China after French President Emmanuel Macron sparked outrage by suggesting that the bloc should avoid being dragged into a dispute with Beijing by the US. Von der Leyen told lawmakers in Strasbourg, France, that the EU needs to diversify away from …

PESHAWAR / WAM A landslide during a thunder and lightning storm on the main road through northwest Pakistan’s Khyber Pass buried more than 20 trucks, killing at least two people, with dozens more feared trapped, Reuters said. “Twenty to twenty-five containers are buried in the wreckage,” Abdul Nasir Khan, deputy commissioner of the Khyber district, told Reuters. “The wreckage is …

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 …