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

Bloomberg TC Energy Corp offered to buy all the shares of TC PipeLines LP it doesn’t already own for about $1.48 billion, the latest move to eliminate a master limited partnership structure, a corporate structure once popular in the US pipeline industry. Investors would receive 0.65 common shares of Calgary-based TC Energy for each unit of TC PipeLines, the companies …

Bloomberg Airbus SE is preparing to ramp up output next year of its most important jet, the A320neo, in a sign of growing confidence on the part of the European planemaker that jetliner demand is poised to recover. While no decision has been made, suppliers have been told to be ready to support a monthly rate of 47 A320neo-family planes …

Bloomberg At a time most airlines are shedding jobs, there is one that’s hiring — a new low-cost carrier called Zipair Tokyo Inc. The unit of Japan Airlines Co will take on around 100 employees from the broader JAL group as it launches passenger flights between Tokyo and cities including Bangkok and Seoul, a JAL spokesman said. The budget airline …

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 …