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

Bloomberg Volkswagen AG plans to widen cost-saving efforts and standardise key technologies as the German manufacturer seeks to rival Tesla Inc. on electric cars and keep traditional rivals at bay. VW targets 1 million electric-vehicle sales this year and aims to become the global EV market leader by 2025 at the latest, the company said. By 2030, the share of …

Bloomberg BMW AG’s Mini brand will go all-electric from 2030 as the automaker intensifies its transition to battery-powered vehicles, according to people familiar with the matter. The iconic British brand will roll out its last combustion-engine variant in 2025, and around half of all Mini sales should be electric by 2027, one of the people said, declining to be named …

Bloomberg Amazon.com Inc. is expanding digital medical consultations to its employees across the US and says it will start offering the service to other companies. Together with the launch of an online pharmacy in December, the initiative marks Amazon’s entry into the gargantuan US health care industry. Medical services have long been seen as a target for Amazon, both 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 …