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

BLOOMBERG Stocks rose with US index futures as a rally in Chinese tech shares boosted sentiment and concern about contagion from banking turmoil continued to wane. Contracts on the three main US gauges climbed, with the Nasdaq 100 poised to extend its best quarter since 2020. Alphabet Inc and Tesla rose in premarket trading, while tech shares were among the …

BLOOMBERG Adani Group shares rose on Wednesday after the conglomerate rebutted reports about its ability to repay debt. The group’s flagship Adani Enterprises Ltd rallied 8.7% while Adani Ports & Special Economic Zone Ltd added 7.3% as both firms posted their biggest rally since GQG Partners’ stake in the companies earlier this month. Other group companies also gained, paring earlier …

BLOOMBERG Ukraine wants Russia’s nuclear energy sector and liquefied natural gas (LNG) to be part of future sanctions packages, Ukraine’s energy minister told Bloomberg Television. Ukrainian forces downed 14 out of 15 Shahed-type drones launched by Russian troops overnight, Ukraine’s General Staff said on Facebook. Twelve of the unmanned aircraft were shot down over Kyiv, the city’s military administration said. …

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 …