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’s cargo division said it’s seeking more freighter planes to keep pace with booming global demand and that purchases could include Airbus SE’s new A350F model. Lufthansa Cargo is making the case at group level for adding more single-aisle and wide-body planes, including additional Boeing Co 777F freighters to ply long-haul routes, unit chief Dorothea von Boxberg …

Bloomberg Japan Airlines Co hasn’t seen any impact on domestic travel due to the omicron variant of the coronavirus, but an anticipated recovery for international flights may be delayed, Chief Executive Officer Yuji Akasaka said. The spread of the omicron strain, which is said to be more transmissible than delta, has been disrupting overseas air travel. Although infection rates in …

Bloomberg Lululemon Athletica Inc rose after boosting its sales outlook for the current year — a sign that the pandemic-era trend towards comfy clothes is persisting. The company sees net revenue in a range of $6.25 billion to $6.29 billion in the fiscal year ending on January 30, 2022. That’s up from a previous range that was capped at $6.26 …

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 …