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

British Airways parent IAG SA said it will return passenger capacity almost to pre-pandemic levels at the start of next year as demand for travel holds up despite a Europe-wide surge in the cost of living. Capacity in the first quarter of 2023 is expected to be around 95% of the 2019 figure, compared with 87% in the current three …

Kenya Airways Plc terminated its recognition of a collective bargaining agreement with a pilots’ union as a labour dispute that has left thousands of passengers stranded across its network dragged into a fourth day. The airline accused the Kenya Airline Pilots Association officials, or Kalpa, of disregarding dispute resolution mechanisms and ignoring a court ruling that declared the industrial action …

Inflation on the weekly supermarket shop has struck a record high in the UK, making it harder for families to put food on the table. Grocery price inflation hit 14.7% in the past four weeks, the highest level since Kantar started tracking the data in 2008. The jump in prices means the average annual shop is set to rise by …

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 …