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

Bloomberg UK retail sales posted a modest rebound in February after a brutal start to the year, when a lockdown to contain coronavirus forced non-essential stores to close. The volume of goods sold in shops and online rise 2.1% from January, the Office for National Statistics said, in line with economists’ expectations. Sales excluding auto fuel climbed 2.4%. The pickup …

Bloomberg Unused airline tickets are getting extra shelf life as the steep drop in travel demand extends into a second year due to the coronavirus (Covid-19). Fewer flight credits are on the verge of lapsing after United Airlines Holdings Inc. and American Airlines Group Inc. extended expiration dates into 2022, following similar moves earlier in the crisis by rivals. About …

Bloomberg Ryanair Holdings Plc is preparing for a rapid return to air travel in Europe this summer, even as rising coronavirus cases and a flawed vaccine rollout threaten to slow the rebound. Europe’s largest discount carrier expects to be flying at about 50% of its pre-pandemic capacity at the start of summer, with the figure reaching 80% in the July-September …

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 …