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

  Bloomberg The aviation sector’s burning of fossil fuels isn’t the only way it contributes to climate change: Contrails, the white clouds that trail behind airplanes, are known by researchers to trap heat from the Earth’s surface in the atmosphere. They are formed when water vapour from engine exhaust mixes with cold air, and their environmental impact is significant. Delta …

  Bloomberg Uber Technologies will offer consumers delivery within minutes on orders from frozen-grocery chain Iceland Foods, in its first “quick commerce” partnership in the UK. Customers on the Uber Eats mobile app will be able to order more than 1,000 items from Iceland via the new initiative, known as Uber Eats Market, the company said. The move marks Uber’s …

  Bloomberg Albertsons Cos. reported a quarterly profit that topped Wall Street’s estimates, underscoring the steady demand that makes the grocer an attractive takeover target for Kroger Co. Earnings excluding some items rise to 72 cents a share in the fiscal second quarter, Albertsons said in a statement. That surpassed the 64-cent average of analyst estimates compiled by Bloomberg. Sales …

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 …