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

Bloomberg American Airlines Group Inc told flight attendants it has as many as 8,000 more of them than it needs, and said it would offer more leave programs and a voluntary separation package to try to minimise the need for furloughs. The airline also will reduce staffing on international and cross-country flights to the minimum required by federal regulations, plus …

Bloomberg Grupo Aeromexico SAB, Mexico’s second-largest airline, filed for bankruptcy in the US, becoming the latest in a string of Latin American carriers to seek court protection after the Covid-19 pandemic caused a severe downturn in travel. The carrier will “continue operating and use Chapter 11 as a way to strengthen its financial position and liquidity,” according to a statement …

Bloomberg Testing of the 737 Max jetliner’s revised flight-control systems by US regulators and Boeing Co wrapped up, laying the foundation for the plane’s possible return to service later this year. The tests concluded an important milestone in assessing the grounded aircraft’s safety, the Federal Aviation Administration said in a statement. “During three days of testing this week, FAA pilots …

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 …