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

Bloomberg On the surface the rebound in US retail sales is a V-shaped recovery, but the overall figure obscures lingering economic pain across many of America’s businesses. After a third straight monthly increase, albeit a weaker gain than expected, the total value of US retail sales has rebounded above pre-pandemic levels. But the composition of spending looks substantially different than …

Bloomberg Deutsche Lufthansa AG’s cabin crew voted in favour of a 500 million-euro ($592 million) savings pact, its union said in a statement, a day after talks with ground staff collapsed. Members of the UFO union agreed to two collective agreements, and also voted in favour of clarifying rules around state wage support and severance payments, according to the statement. …

Bloomberg JetBlue Airways Corp’s top executive is joining an industry push for additional federal help as passenger totals plateau at about a quarter of year-earlier levels. Airlines are “in a very, very critical situation right now,” said Chief Executive Officer Robin Hayes as he called on the Trump administration and Congress to resolve a stalemate over a new economic stimulus …

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 …