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

ABU DHABI / WAM Al Ansari Financial Services on Friday announced that following the approval from the Securities and Exchange Authority (SCA), Al Ansari Holding LLC (selling shareholder) has exercised its right to increase the number of shares offering in the UAE retail offer of the group’s initial public offering to 56,250,000 ordinary shares from 37,500,000 ordinary shares. In a …

NEW YORK / WAM The governments of eleven countries, namely the UAE, the United States (US), Egypt, France, Germany, Jordan, Norway, Qatar, Saudi Arabia, Türkiye, and the United Kingdom (UK), along with the European Union (EU), and the League of Arab States, have issued a joint statement expressing their steadfast commitment to alleviate the suffering of people who were affected …

BLOOMBERG India’s parliament secretariat removed Rahul Gandhi as a lawmaker after a local court convicted him of defaming Prime Minister Narendra Modi, a huge blow to the opposition ahead of national elections next year. The disqualification makes Gandhi, a scion of the Nehru-Gandhi political dynasty, less viable as a leader of any opposition coalition before elections that may be held …

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 …