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

  Bloomberg A growing number of UK companies is ditching a home listing to go abroad, after a series of high-profile flops cast doubt on London’s campaign to attract startups and initial public offerings (IPOs). The UK is heading for its worst first quarter for IPOs since 2009, according to data compiled by Bloomberg. The war in Ukraine and soaring …

  Bloomberg Stocks climbed with US equity futures as a selloff in bonds deepened on Tuesday on Federal Reserve Chair Jerome Powell’s signals the central bank will take more aggressive measures to clamp down on inflation. The Stoxx Europe 600 Index marched higher, led by banks and cyclical stocks like automakers. Futures on the S&P 500 and Nasdaq 100 flipped …

  Bloomberg A China Eastern Airlines Corp Boeing Co 737-800NG plane carrying 132 people crashed in China’s southwestern province of Guangxi. According to FlightRadar24, China Eastern flight MU5735 was traveling from Kunming to Guangzhou, and radar tracking shows the aircraft descending steeply. Eyewitness videos posted to social media showed a forest fire on a mountainside at what was purported to …

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 …