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 Abu Dhabi National Insurance Company (Adnic) has reported its financial results for the full year ended on December 31, 2022, announcing a net profit of AED377.9 million. The company reported gross written premiums increased by 20.1% to AED5.13 billion, compared to AED4.27 billion for the same period in 2021. Adnic’s net underwriting income was AED490.9 …

Abu Dhabi / WAM Mohamed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD) and Chairman of the Exports Executive Committee of the Abu Dhabi Exports Office (ADEX), met Arnoldo Andre Tinoco, Minister of Foreign Affairs of Costa Rica, to discuss ways to strengthen relations between the UAE and Costa Rica in various fields. During the meeting …

  MINSK / WAM Belarus-Hungary cooperation is actively developing in various areas, Minister of Foreign Affairs of the Republic of Belarus Sergei Aleinik told journalists following his meeting with Hungary’s Minister of Foreign Affairs and Trade Peter Szijjarto. BelTA, a Belarusian news agency, quoted Aleinik as saying, “At today’s talks we have discussed the state and prospects of our cooperation. …

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 …