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

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan will participate in the 52nd G7 Summit, which will take place from 15 to 17 June in Évian-les-Bains, at the invitation of His Excellency Emmanuel Macron, President of the French Republic. The UAE’s invitation to participate in the summit reflects the global recognition accorded to the …

CAPITALS / WAM Gold rose more than 2 percent on Monday. Spot gold climbed 2.5 percent to $4,322.87 per ounce by 03:12 GMT, hitting its highest level since 9th June and extending gains for a third straight session. US gold futures for August delivery rose 2.5 percent to $4,344.80. Spot silver rose 3.6 percent to $70.39 per ounce, platinum gained …

WASHINGTON / WAM US President Donald Trump announced that an agreement with Iran has been fully completed and will allow the reopening of the Strait of Hormuz and the immediate lifting of the US naval blockade. In a post on the Truth Social platform, Trump said, “The Deal with the Islamic Republic of Iran is now complete. Congratulations to all.” …

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 …