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

  Bloomberg Singapore Airlines Ltd’s low cost carrier signed a letter of intent to add Embraer SA regional jets to its fleet in a push to fly to smaller destinations in Asia’s emerging markets. Scoot Pte Ltd will start taking delivery of nine E190 E2 jets from 2024, the carrier said in a statement. The aircraft will be sourced from …

  Bloomberg Passenger loads at China’s top three airlines are rebounding as travel picks up again, boosted by people flying back to their hometowns for the Lunar New Year holidays and celebrating the chance to reunite with families and friends after nearly three years of Covid restrictions. China Southern Airlines Co filled 72.7% of its seats in January, the highest …

Bloomberg Air France-KLM said it has “turned the page” on the coronavirus pandemic that prompted an unprecedented industry slump and forced a government bailout, predicting that it will exit state aid this year and return to full passenger capacity by the end of 2023. The airline group reported net income of €504 million ($528 million) in the fourth quarter, compared …

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 …