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

Bloomberg Lidl had its busiest ever day in the UK in 28 years on December 23, 2022 as cash-strapped British consumers turned to the German discounter for cheaper groceries. The bumper sales day helped swell Lidl’s sales by 25% in the four weeks to Christmas with more than 1.3 million extra customers shopping at the supermarket chain. The discounter gained …

  Abu Dhabi / Gulf Time Wizz Air, Europe’s fastest growing and most environmentally sustainable airline globally, reports that its average carbon emissions for 2022 amounted to 55.2 grams per passenger/km, 15.4% lower compared to the year of 2021, and the lowest ever recorded by the airline in one calendar year. Wizz Air operates the lowest carbon emissions per passenger/km …

  Bloomberg The small group of nations to have sent rockets into the sky from their own soil is about to gain a new member as Britain makes its first ever launch from a seaside town better known for surfing and sandy beaches than space adventures. The mission will take off from Spaceport Cornwall in Newquay, southwest England, the first …

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 …