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

  Bloomberg JetBlue Airways Corp is preparing for a possible lawsuit from the US Justice Department seeking to block the carrier’s merger with Spirit Airlines Inc. While antitrust authorities haven’t yet revealed whether they plan to take action to prevent the deal, JetBlue Chief Executive Officer Robin Hayes said the company’s legal team is ready to fight back if necessary. …

Bloomberg Korean Air Lines Co’s bid to acquire smaller South Korean rival Asiana Airlines Inc for 1.8 trillion won ($1.4 billion) faces an in-depth merger review in the European Union after regulators expressed antitrust concerns. The European Commission (EC) warned the deal “could eliminate potential competition in passenger transport services” between the EU region and South Korea and also that …

  Bloomberg The number of people passing through Hong Kong’s airport jumped last month as travel restrictions eased and China reopened borders for the first time since the pandemic began. Hong Kong International Airport reported 2.1 million passengers in January, nearly 2,900% growth from the same period last year. Traffic to and from Southeast Asia and Japan recorded the most …

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 …