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

Bloomberg Rapid and still-evolving border restrictions in response to the omicron variant have submerged air-travel demand yet again, throwing a long-awaited recovery into uncertainty. The emerging coronavirus wave has put airlines under even more pressure as they navigate rules that vary by country and are being revised daily as more information about the strain comes to light. Carriers slashed 151,000 …

Bloomberg HNA Group Co has officially handed over control of its core airline operations to Liaoning Fangda Group Industrial Co, marking the end of an era for the Chinese conglomerate as it continues to restructure one of the country’s biggest piles of corporate debt. Gu Gang, head of a government taskforce in charge of HNA’s restructuring, will no longer serve …

Bloomberg Tata Sons Pvt is considering hiring several key executives for Air India, according to people familiar with the matter, as the nation’s biggest conglomerate works to finalise a turnaround plan for the indebted carrier it’s in the process of taking over from the state. The group, which in October won a bid to regain control of the airline it …

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 …