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

  Bloomberg A power outage at New York’s John F Kennedy International Airport is delaying flights. The outage at Terminal 1 was caused by an electrical panel failure, which sparked a small fire last night that was quickly extinguished, the Port Authority of New York and New Jersey said in an emailed statement. It’s impacting both inbound and outbound flights. …

  Bloomberg Boohoo Group Plc was confronted by protesters angry at its record over workers’ rights when the fast fashion chain attempted to discuss ethical clothing at an event in London. Senior representatives of the British online retailer were speaking at Source Fashion, a conference connecting suppliers with retail buyers. Boohoo has previously faced accusations of low wages and poor …

  Bloomberg Germany utility Uniper SE said it will overcome the problems generated by Russian gas cuts by 2024 at the latest. The company — which was rescued by the German government last year after the energy crisis put it on the brink of collapse — said it may continue to face high gas replacement costs in the next years, …

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 …