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

BAHRAIN / WAM Investcorp, a Bahrain-based asset manager that counts Mubadala Investment Company as its biggest shareholder, announced on Wednesday that its portfolio company, Impero, a provider of online student safety and classroom and network management software, has acquired Netop, an international software solutions provider to the education sector and corporates, from Consolidated Holdings A/S. Terms of the transaction were …

JEDDAH / WAM The Organisation of Islamic Cooperation (OIC) has welcomed the signing of Al Ula Declaration by the leaders of the GCC member states at the 41st GCC Summit which took place in Al Ula Governorate, Saudi Arabia. The OIC’s Secretary-General Dr Yousef bin Ahmad Al Othaimeen praised the efforts of the GCC’s leaders.

Bloomberg Airlines kicked off 2021 by shrinking their already meager UK schedules, prompted by a new coronavirus lockdown and the prospect of further restrictions on travel abroad. EasyJet Plc, Britain’s biggest discount carrier, pared back its flying program to prioritise essential connections between key UK cities and “a small number of international routes.” British Airways said it’ll keep crucial links …

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 …