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

Bloomberg Another veteran executive is leaving Amazon.com Inc.’s video game division, which has struggled to produce big hits since it launched a decade ago. John Smedley, who has three decades of experience in the industry and ran Amazon Game Studios office in San Diego for six years, told staff that he’s stepping aside. Smedley joined Amazon in 2017 and worked …

  Dubai / WAM The Rashid Rover has successfully completed one month in space, travelling close to 1.34 million kilometers, the Mohammed Bin Rashid Space Centre (MBRSC) announced. The first Arab-built lunar rover designed and built in the UAE by a 100 percent Emirati team of engineers, experts, and researchers, lifted off on December 11, 2022 from Cape Canaveral Space …

  Bloomberg Oil headed for a weekly gain, rebounding from a weak start to the year, on China’s improving demand outlook and cooling US inflation. West Texas Intermediate was steady near $79 a barrel, after advancing more than 6% this week. The Brent benchmark is poised for its strongest week since October. China is ramping up purchases of crude after …

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 …