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

Bloomberg A crisis of confidence is brewing in Indonesia’s mutual-fund industry after some asset managers created products that invested in tiny, illiquid stocks, which have plunged in value. The volatility has triggered a “serious issue” in the nation’s capital markets that’s raised public concerns, said Wimboh Santoso, chairman of Indonesia’s Financial Services Authority. The regulator last year restricted sales of …

Bloomberg Boeing Co’s newest plane, so big that its wings are hinged, finally rumbled into the skies over the Washington factory complex constructed a half century ago for the original jumbo jet. After a delay on January 24 because of high winds, the jet took off from Boeing Field on Saturday and landed successfully almost four hours later. It’s set …

Bloomberg Indonesia’s scandal-ridden flag carrier won praise from analysts for its leadership overhaul, with its new CEO getting support from a lieutenant who was among those criticising the airline’s accounting practices. The appointment of Deputy Chief Executive Officer Dony Oskaria, who will help run PT Garuda Indonesia alongside CEO Irfan Setiaputra, raised the expectation the state-backed company will be able …

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 …