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

Bloomberg Europe’s biggest airline is resurrecting a dinosaur of the skies to tackle a dearth of premium seats on lucrative intercontinental routes. Deutsche Lufthansa AG will return five aging Airbus SE A340 jets in order to boost the availability of first-class seats as travel demand continues to rebound from the coronavirus crisis. The widebodies will be brought out of storage …

  Bloomberg Southwest Airlines Co will update its earnings guidance prior to reporting fourth-quarter results to reflect costs associated with an operations meltdown that forced it to cancel 15,700 flights over eight days. “We will be issuing some information before earnings,” Chief Executive Officer Bob Jordan said in an interview without providing specifics of the changes. “Obviously it’s a significant …

Bloomberg British shoppers defied rampant inflation and economic gloom over the holiday season, driving up sales at clothing seller Next Plc and budget retailer B&M European Value Retail SA. Whether that spending will carry into the new year, however, remains in doubt. Next raised its annual profit forecast after Christmas sales gained, helped by a December cold snap that brought …

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 …