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

Bloomberg Bond traders in India are bracing for more turmoil as the central bank signals its intention to keep lifting money-market rates. The Reserve Bank of India (RBI) offered a cutoff yield of 3.55% for a cash-draining operation, higher than traders had expected and a full 20 basis points above the lower boundary of its interest-rate corridor. “Future operations may …

Bloomberg HDFC Bank Ltd., India’s largest private lender by assets, posted third-quarter profit that beat analyst expectations after earnings were buoyed by strong loan growth. Shares jumped. Net income was 87.6 billion rupees ($1.2 billion) in the three months through December compared with 74.2 billion rupees a year earlier, exchange filings showed. That beat the average estimate of 76.4 billion …

Bloomberg The Bank of Japan’s (BOJ) upcoming policy assessment is likely to signal a pause in the bank’s buying of exchange-traded funds (ETFs) as long as stocks stay buoyant, according to a key author of the BOJ’s ramped up asset-purchase plan to fight the pandemic. “The BOJ is likely to make a more comprehensive judgment on the amount and frequency …

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 …