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

  Bloomberg Tesco Plc has joined discounter Aldi in limiting purchases of some fruit and vegetables in the UK after difficult harvests due to cold weather in southern Spain and North Africa. Both retailers are capping purchases of peppers, cucumbers and tomatoes to three units per person. The moves follow Morrisons which has a limit of two products and Asda …

  Bloomberg Singapore Airlines Ltd will scrap the city-state’s only nonstop flight to Vancouver from October, a little more than a year after the Asian carrier returned to Canada. The move is another example of how global hub airlines are having to readjust their networks after the pandemic in order to better match supply and demand. The sharp uptick in …

  Bloomberg Decisions to raise prices again are becoming “more difficult” as inflation wears on, Procter & Gamble Co Chief Financial Officer Andre Schulten said. The Tide maker is focused on offsetting higher costs with productivity savings to minimise the need for price increases. But it still sees a need to charge more to fund innovation that it believes will …

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 …