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

Bloomberg Families of 737 Max crash victims say Boeing Co. violated terms of a 2021 deferred-prosecution agreement with the US government when the company pleaded not guilty in Texas last week to a fraud charge tied to its role in hiding flight-control flaws from regulators. In a motion filed in federal court, lawyers for the relatives claimed the aircraft maker’s …

  Bloomberg A FedEx Corp. widebody jet flew over the top of a Southwest Airlines Co. plane in Texas after an air-traffic controller cleared the passenger plane to take off from the same runway that the cargo aircraft was preparing to land on, aviation authorities said. The US National Transportation Safety Board has opened an investigation into the close call …

Bloomberg Elon Musk and Philippine tycoon Henry Sy Jr. will introduce their satellite broadband service in the Southeast Asian nation this quarter. Delays in the production and deployment of low earth orbit satellites pushed back the venture’s plan to start offering high speed, low latency internet in December, Sy’s Data Lake said. SpaceX’s Starlink plans to offer its service in …

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 …