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

Bloomberg The UK’s long-promised strategy for reducing carbon emissions from heating drafty homes will be published next month, Business Secretary Kwasi Kwarteng said, as the government gears up to host a key climate change summit in the fall. During a media round, Kwarteng suggested the so-called heat and buildings strategy may include a plan for phasing out gas boilers. He …

Bloomberg Ambri Inc, a Bill Gates-backed venture that makes batteries for power grids, said it secured $144 million to build production plants in funding led by billionaire Mukesh Ambani’s Reliance Industries Ltd and Paulson & Co. Plans include a pilot facility and a subsequent commercial-scale site in the US, followed by two more abroad in yet-to-be-determined locales. Reliance, India’s most …

Bloomberg Canada’s Inter Pipeline Ltd told shareholders to accept a $6.8 billion hostile takeover offer from Brookfield Infrastructure Partners LP, days after walking away from a friendly deal with Pembina Pipeline Corp. The move pushes the monthslong battle for Canada’s fourth-largest midstream company closer to a resolution. Brookfield sweetened its bid to win over Inter Pipeline shareholders, while prominent advisory …

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 …