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

Bloomberg JetBlue Airways named Ursula Hurley, its head of treasury and investor relations, as acting chief financial officer after the resignation of Steve Priest, who’s taking the same post at EBay Inc. Priest’s departure is effective from June 11, the New York-based airline said in a statement. He’ll start at EBay on June 21, according to the online retailer. The …

Bloomberg Burberry Group Plc’s sales remained below 2019 levels despite a quarterly jump, showing the British brand is trailing some luxury peers in recovering from the pandemic. The shares fell as much as 10%. Comparable store sales in the three months through March soared 32%, the company said in a statement. That was in line with its own forecast. Revenue …

Bloomberg Stocks and US futures rise on Tuesday as optimism that economic re-openings will boost growth outweighed concern about a pick-up in virus cases in parts of Asia. The dollar dipped and oil rises. The Stoxx Europe 600 Index climbed back towards a record reached last week, while contracts on the Nasdaq 100 Index led gains in US futures after …

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 …