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

DUBAI / WAM Dubai real estate market recorded 599 sales transactions worth AED1.34 billion, in addition to 86 mortgage deals of AED268.57 million, and 152 gift deals amounting to AED118.99 million on Monday, data released by Dubai’s Land Department (DLD) showed. The sales included 544 villas and apartments worth AED953.38 million, and 55 land plots worth AED387.22 million. The mortgages …

UMM AL QAIWAIN / WAM The Umm Al Quwain Department of Tourism and Archaeology announced the latest developments in the archaeological excavation of Siniya island in its third season, indicating the existence of the oldest pearling town in the Arabian Gulf located on Siniya island, which flourished between the late 6th and mid-8th centuries AD. Sheikh Majid bin Saud bin …

DUBAI / WAM The Mohammed Bin Rashid Aerospace Hub (MBRAH) announced the start of construction of the second phase of Dubai Helipark, its Helicopter Centre, in partnership with Air Chateau International. Air Chateau International was certified by the General Civil Aviation Authority to commence helicopter operations at the Dubai Helipark in 2022, providing a window for the multitude of private …

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 …