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

BLOOMBERG Hard-line Brexiteers in Rishi Sunak’s Conservative Party said parts of the UK prime minister’s new Brexit deal are “practically useless,” while reserving judgment on whether they’ll rebel in a vote on Wednesday. EU law will remain supreme in Northern Ireland, new trading arrangements won’t work as billed by Sunak and a proposed veto mechanism for the application of new …

BLOOMBERG Nordea Asset Management AB bought financial stocks in Asia amid this month’s global rout in the sector, as it remains optimistic about their earnings growth prospects. |“We have added to our insurance holdings in Asia,” Hilde Jenssen, Nordea’s head of fundamental equities, said in an interview in Singapore. “It’s clear when half a trillion is wiped off in market …

BLOOMBERG European shares rallied for a second day and US futures pointed to a firmer open for Wall Street as steps to shore up the financial system helped restore confidence. The Stoxx Europe 600 jumped as much as 1.4%, buoyed by a 3.5% jump in an index of banking shares. Futures for the S&P 500 climbed after a report that …

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 …