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

Bloomberg US airlines rallied as improved summer leisure bookings and rising fares offered strong signs of a recovery a year after Americans began staying close to home. Sales over the past three weeks have been the best since the coronavirus pandemic began, American Airlines Group Inc. said, while United Airlines Holdings Inc. said high demand for spring and summer travel …

Bloomberg Sun Country Airlines Holdings Inc. priced its initial public offering (IPO) above range at $24 a share to raise about $218 million as it looks for a rebound in leisure travel. Minneapolis-based Sun Country sold about 9.1 million shares, according to a statement confirming an earlier Bloomberg News report. The company had marketed the shares for $21 and $23, …

Bloomberg Fashion designer Brandon Maxwell has dressed Lady Gaga, Michelle Obama and Meghan Markle. Soon, Walmart Inc. shoppers can wear his styles, too. The world’s largest retailer hired Maxwell as the first-ever creative director for its Scoop and Free Assembly fashion brands, it said in a statement. Maxwell, 36, will oversee four seasonal collections a year for the two labels, …

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 …