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 The Stern School of Business at New York University Abu Dhabi (Stern at NYUAD) today announced the establishment of the Institute for Global Financial Competitiveness, a new research endeavour that will use data science to research and rank International Financial Centers (IFCs) globally. The institute will be located at Stern at NYUAD, a strategic decision based …

DUBAI / WAM The General Assembly of Emirates Central Cooling Systems Corporation (Empower), in a meeting, approved the Board of Directors’ proposal to distribute cash dividends of AED437.5 million (4.375 fils per share, equivalent to 43.75 percent of the company’s paid-up capital) to shareholders for the first half of 2025. The meeting, held on Thursday, was chaired by Saeed Mohammed …

DUBAI / WAM DP World has begun the next stage of construction on its striking new global headquarters at Expo City Dubai, an eight-storey landmark designed to embody innovation, sustainability and the future of global trade. A ceremony marking the completion of foundations was held on site, attended by Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation …

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 …