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

BLOOMBERG Takeda Pharmaceutical’s newly purchased oral psoriasis drug was safe and effective in a mid-stage study, highlighting its potential for treating the painful, incurable skin condition. Patients with moderate-to-severe plaque psoriasis who received TAK-279 had significantly clearer skin after three months than those given placebo, according to the study presented at the American Academy of Dermatology’s annual meeting. Skin damage …

BLOOMBERG As concerns mount over soaring temperatures in India and the impact on growth, a key adviser to Prime Minister Narendra Modi says the economy can withstand any potential weather shock. The nation’s weather bureau predicted hotter temperatures over the coming months, stoking worries about a repeat of the devastating heat last year that damaged crops, raised food inflation and …

BLOOMBERG China saw its biggest gain in imports in a year last month, while a slide in exports decelerated, adding to evidence that the world’s second-largest economy is recovering from the impact of pandemic lockdowns. Imports rose 4.2% from a year ago to $197 billion in February, following a slump of 21.4% in January and snapping four months of decline, …

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 …