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

  Bloomberg Deutsche Lufthansa AG is evaluating a solo bid for Alitalia successor ITA Airways after talks between the Italian government and other potential suitors collapsed, according to people with the matter. The German airline group is looking through ITA’s data room and could make a bid to acquire the carrier on its own, said the people, asking not to …

  Bloomberg Arrive at the airport early — the Thanksgiving travel rush is back. More people are traveling through US airports in the pre-holiday period than in 2019, according to the TSA. On November 22, 2,299,346 people were screened in security in American airports versus 1,968,137 passengers on the comparable day in 2019. The travel figures were higher as well, …

  Bloomberg The CEO of Walmart US, John Furner, says there is not currently “any reason to believe there is a continued threat to our Chesapeake store or any other Walmart facility” following the mass shooting at a store in Virginia. Details are still emerging, Furner said in a statement posted to the Walmart blog. Authorities confirmed six fatalities before …

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 …