Saturday , 4 July 2026

Recent News

Sequoia-backed Wave takes on Telcos in Africa mobile-money war

  Bloomberg Mobile money agents in Ivory Coast halted service for Wave Mobile Money Inc few weeks ago, in an attempt to stymie the growth of the young fintech gobbling up market share across West Africa. The agents — brokers who enable unbanked people to store and send money through cellphones — were unhappy with their commissions and expected the …

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A car which can fly over traffic jams

  Bloomberg The crowd of hundreds roared in Mandarin as the gull-winged two-seater aircraft rose and hovered roughly 30 meters (100 feet) above their heads, before smoothly lowering back down to earth. In the past months, China’s Xpeng Aeroht has staged two maiden public flights for its aircraft. The 90-second exercise in October was followed by another in Guangzhou, China …

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Microsoft fights back against FTC claims on $69bn Activision deal

  Bloomberg Microsoft Corp. is fighting back against allegations from the US Federal Trade Commission (FTC) that its proposed $69 billion acquisition of Activision Blizzard would harm competition in video-gaming industry. In a filing with the FTC, Microsoft said the tie-up would create more choices for gamers and game developers. “The commission cannot meet its burden of showing that the …

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Stocks

Vapiano introduces breakfast for the first time in its history across UAE outlets

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 …

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Public Warning Notice

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 …

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SCA urges collection of dividends issued before March 2015

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 …

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Capital.com offers international investors access to UAE stocks

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 …

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Abu Dhabi Securities Exchange welcomes Alpha Data’s listing

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 …

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