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

SHARJAH / WAM Sharjah Islamic Bank (SIB) has successfully completed the issuance of a US$500 million senior unsecured Sukuk, reaffirming its strong market position and proactive funding strategy. Launched amid heightened market volatility and year-end liquidity pressure, the transaction underscores investor confidence in the bank’s solid fundamentals and disciplined approach to balance sheet management. The five-year Sukuk was priced at …

ABU DHABI / WAM As part of Microsoft’s $15.2 billion investment announcement in the UAE, Microsoft and G42 are deepening their strategic partnership to accelerate the nation’s digital transformation. The two companies on Wednesday announced a 200-megawatt (MW) expansion of datacenter capacity, delivered through Khazna Data Centres, a subsidiary of G42. This expansion is expected to start coming online before …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met today with His Excellency Ratu Naiqama Lalabalavu, President of the Republic of Fiji, to discuss ways to enhance bilateral ties to support the development goals of both nations. The meeting was held at Qasr Al Shati in Abu Dhabi during the Fijian President’s working visit to the …

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 …