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

  Bloomberg Boeing Co plans to end production of its F/A-18 Super Hornet, the fighter jet that wowed movie audiences in last year’s Top Gun: Maverick, after more than 2,000 deliveries over 40 years. The aerospace giant will stop manufacturing the fighters after it hands over the last Super Hornet to the US Navy in late 2025, according to a …

  Bloomberg IAG SA said it’s enjoying strong bookings into this year, led by holiday travel and stable business trips, and predicted a further recovery in 2023 as the aviation industry emerges from its worst-ever crisis sparked by the pandemic. Full year operating profit will reach about €1.8 billion to €2.3 billion, while net debt will remain broadly unchanged at …

  Bloomberg Thai Airways International Pcl’s fourth quarter profit almost tripled after Thailand eased pandemic-related border restrictions and tourists started to come back to the popular Southeast Asia holiday destination. The carrier’s net income for the three months ended on December 31 rose to 11.2 billion baht ($322 million) from 4 billion baht a year earlier, Chief Executive Officer Chai …

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 …