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 Friends of the Covax Facility (FOF) strongly supports vaccine multilateralism and the goal of ensuring affordable, fair and equitable access to safe and effective Covid-19 vaccines for all. The Covax Facility is about to set a precedent of multilateral cooperation and solidarity and the FOF firmly believes in the importance and impact of this global …

Bloomberg Oil declined as Libya signalled the resumption of some crude exports, while surging coronavirus cases cloud the outlook for demand. Futures in New York drop 2.2% to near $40 a barrel. Libya is moving closer to reopening its battered oil industry after it told companies to resume production at some fields. This will add to already rising supply from …

Bloomberg LafargeHolcim Ltd, the world’s largest cement maker, pledged to step up efforts to cut CO2 emissions as the energy-consuming industry comes under pressure from environmental groups, lawmakers and investors. The plan includes accelerating the use of low-carbon alternatives in cement mixtures and operating its first net-zero plant by the end of the decade, the company said in a statement …

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 …