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

Bloomberg Delta Air Lines Inc will leave the private-jet charter business after 20 years, selling the struggling operation to Wheels Up Partners in a deal expected to close early next year. The airline will retain an unspecified equity stake in closely held Wheels Up, Delta said. Financial terms weren’t disclosed. Wheels Up Chief Executive Officer Kenny Dichter will continue leading …

Bloomberg Nestle SA Chief Executive Officer (CEO) Mark Schneider keeps cutting the sugar and fat. The question is what he’ll add to spur growth at the world’s biggest food company. In the CEO’s second-biggest disposal, the Swiss company sold its US ice cream business to a joint venture with private equity firm PAI Partners for $4 billion. That adds the …

Bloomberg A growing number of sellers on Amazon.com Inc’s platform are finding how painful it can be when Amazon’s absolute power over their small businesses meets a bureaucratic US government system not built for the 21st century. The issue involves trademarks filed with the US Patent and Trademark Office (PTO), a federal agency meant to ensure brands big and small …

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 …