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

  Bloomberg Qantas Airways Ltd. announced its biggest investment in global airport lounges in more than a decade, underscoring the demand for premium, long-distance travel as aviation rebounds from the pandemic. The A$100 million ($70 million) program includes a new flagship first-class Lounge at London’s Heathrow Airport that will open in 2025, Qantas said on Tuesday. That’s when the carrier …

Bloomberg Forever 21, which came to epitomise the fast-fashion movement by selling trendy, of-the-moment clothing to teens at bottom-barrel prices, is relaunching in Japan by quietly overhauling itself as an upmarket clothier. About 80% of Forever 21’s new collection, which will launch in the fashion-crazy country Tuesday via online sales and a pop-up store in central Tokyo, will be developed …

  Bloomberg Tesco Plc plans to raise store employees’ base pay by 7% as workers across the UK struggle to keep up with the rising cost of living. Store employees will get £11.02 an hour from early April, the retailer said, hailing the agreement with the USDAW union as the third pay increase in 10 months. Workers in London 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 …