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

Bloomberg Philippine stocks are beating global peers this week after having spent much of the year in the company of the world’s worst-performing equity markets. The turnaround has been spurred by economic reopenings and a drop in the pace of Covid-19 cases, which saw foreign investors turning net buyers of local stocks after 28 days of selling. The Philippine Stock …

Bloomberg Libya’s crude production will rise above 1 million barrels a day in the next four weeks after the nation reopened the last of its oil ports, according to the state energy firm. The National Oil Corp. (NOC) said it lifted force majeure — a clause in contracts allowing deliveries to be suspended — at the eastern ports of Es Sider, …

Bloomberg One of France’s biggest energy companies has delayed a decision on a $7 billion deal to import liquefied natural gas (LNG) from the US after pressure from the government in Paris to seek cleaner supplies of the fuel. Engie SA said it has postponed work on a contract to take LNG from NextDecade Corp’s operation, which is fed by …

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 …