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

Bloomberg Reopening more international travel routes from the UK will be “challenging” because the country must do everything it can to protect itself from new coronavirus variants, Health Secretary Matt Hancock said. Britain last week tightened restrictions on overseas travel, removing Portugal from its so-called green list in a major blow to the airline industry. Restoring travel in the medium-term …

Bloomberg Airbus SE inched closer to a recovery from the coronavirus pandemic after increasing the number of jetliner deliveries to 50 last month. The European planemaker accelerated production with five more planes handed over than in April, according to a statement that confirmed an earlier Bloomberg report. Airbus is plotting a way out of the Covid-19 crisis even as a …

Bloomberg Buyout firm KKR & Co is close to reaching an agreement to buy Atlantic Aviation from Macquarie Infrastructure Corp, according to people familiar with the matter. The deal could value the airport services company at about $4.5 billion, including debt, said the people, who asked not to be identified because the matter was private. A sale was expected 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 …