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

Bloomberg Airbus SE Chief Executive Officer Guillaume Faury said supply-chain issues will continue to hold back the aerospace industry this year amid continued strong demand. Speaking at an event of the French aerospace lobby Gifas — which Faury also heads — the CEO said the industry faces a shortage both of parts and qualified employees. Airbus was twice forced to …

Bloomberg Ryanair Holdings Plc, Europe’s biggest discount airline, raised its profit target for the year through March following stronger-than-expected sales during the Christmas travel period. Annual earnings will be as high as €1.425 billion, compared with a previous target of as much as €1.2 billion, the Irish carrier said in a statement after markets closed. Profit in the fiscal third …

  Bloomberg Wilko has secured a £40 million ($48 million) credit facility from Hilco Capital Ltd to help the UK household and garden retailer weather the cost-of-living crisis. The two-year facility is in addition to £48 million Wilko recently received from the sale and leaseback of its distribution centre, according to an emailed statement. The privately-held 92-year-old business is also …

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 …