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

Abu Dhabi / WAM Dr Hamdan Al Mazrouei, Chairman of the Board of Directors of Emirates Red Crescent (ERC), said President His Highness Sheikh Mohamed bin Zayed Al Nahyan’s order to give an additional $50 million aid to the earthquake victims in Syria reflects the President’s desire to strengthen the humanitarian efforts there. This will help alleviate the sufferings of …

Bloomberg Airbus SE projected higher deliveries for this year and will accelerate output of its largest models as long-haul travel rebounds, while scaling back production of its bestselling A320 family with supply-chain disruptions continuing to ripple through the industry. For 2023, the planemaker plans to hand over 720 aircraft, in line with its original 2022 projection, which ended up coming …

  Bloomberg Bain Capital has picked the top arrangers for Virgin Australia Airlines Pty Ltd’s initial public offering, which could be one of the country’s biggest listings this year, according to a person familiar with the matter. Goldman Sachs Group Inc, UBS Group AG and Barrenjoey Capital Partners Pty Ltd have been selected as lead managers for the share sale, …

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 …