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 Masdar, a leading global clean energy company, has announced a strategic investment in Pertamina Geothermal Energy (PGE), one of the largest geothermal players worldwide. This marks Masdar’s entry into the geothermal energy sector, in the world’s second-largest geothermal market. Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and Chairman Masdar, said, “Achieving …

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation; and Ahmed Zeghdar, Algerian Minister of Industry, have discussed prospects for enhancing cooperation between the two countries, especially in the economic, industrial and commercial sectors. In a meeting between HH Sheikh Abdullah and Zeghdar in Abu Dhabi, they reviewed several …

  Dubai / WAM According to the Dubai Land Department (DLD) weekly report, there were 3,267 real estate and property deals conducted in Dubai during the week ending February 24, with a total value of AED10 billion. Of these transactions, 168 plots were sold for AED1.26 billion, while 2,230 apartments and villas were sold for AED5.14 billion. The top three …

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 …