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

BLOOMBERG European Union (EU) defense ministers cautiously welcomed a plan to send Ukraine ammunition from their existing stocks, but urged the bloc to work faster on jointly procuring shells to jump-start production. “What is crucial is that Ukrainians direly need ammunition and we have to ramp up production within Europe,” Swedish Defense Minister Pal Jonson told reporters in Stockholm ahead …

BLOOMBERG Back in November, before the latest downward spiral in US-China ties, Xi Jinping cast himself as a statesman in a meeting with Joe Biden. Saying both nations need “a responsibility for history,” Xi appeared to play ball with US calls to “compete vigorously” with China while establishing “guardrails” to avoid conflict. After speaking with Biden for more than three …

BLOOMBERG The M23 rebel group clashed with Democratic Republic of Congo soldiers, defying a ceasefire that was meant to go into effect on March 7, according to the United Nations. “The secretary-general reiterates his call on the M23 to respect the ceasefire to create conditions for its full and effective withdrawal from all occupied areas,” Farhan Haq, deputy spokesman, 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 …