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

Bloomberg European stocks rose alongside US equity futures on Thursday, trimming some losses from a day earlier as investors seeking to gauge the extent of damage caused by the coronavirus await the next set of corporate earnings and economic data. The dollar extended gains. The Stoxx Europe 600 Index opened higher with all sectors and major national gauges in the …

Bloomberg Indian stocks rose in a volatile trading session, as investors mulled the outlook for company earnings after software services provider Wipro Ltd. declined to provide guidance for the first time since 2009. The S&P BSE Sensex advanced 0.8% to 30,618.57 as of 12:56 pm in Mumbai, after swinging between a loss of as much as 1.2% and a gain …

Bloomberg Investors are pouring money into exchange-traded funds tracking gold amid expectations of a global recession and massive stimulus from central banks and governments. BlackRock’s iShares Gold Trust, ticker IAU, took in $486 million, its largest one-day inflow on record, according to data compiled by Bloomberg. At the same time, State Street’s SPDR Gold Shares, or GLD, has seen 10 …

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 …