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

Bloomberg Ocado Group Plc is counting on three new automated warehouses in the UK to improve its ability to meet demand for online grocery shopping that’s thriving during the pandemic. The company’s retail revenue jumped by 35% in 2020, as the UK delivery arm that’s jointly owned with Marks & Spencer Group Plc gained popularity among Covid-wary customers favoring e-commerce …

Bloomberg Basketball legend Kobe Bryant’s death as his chartered helicopter crashed in a Southern California fog bank last year highlighted some familiar — and preventable — safety concerns. They include questionable decisions about whether to take the flight and to proceed in deteriorating weather; possible pressure to fly with a celebrity passenger; and a pilot who hadn’t practiced flying in …

Bloomberg US stocks were mixed after a six-day rally as investors debated whether commitments by the Federal Reserve and the Biden administration to let the economy run hot will spark destabilising inflation. The S&P 500 Index edged lower, taking a break from a rally fueled by signs the Biden administration intends to pass a sizable aid bill while the central …

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 …