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

AL AIN / WAM Strata Manufacturing, the advanced composite aero-structures manufacturing facility wholly-owned by Mubadala Investment Company, successfully delivered its first shipset of Empennage Ribs for the 777X, the world’s largest and most efficient twin-engine jet produced by Boeing. The announcement, made during Dubai Airshow 2019, follows the landmark agreement between the two companies signed during Abu Dhabi Global Aerospace …

Bloomberg China’s central bank said it will “increase counter-cyclical adjustment” to ward off downward pressure on the economy, while staying vigilant on the possibility of expectations that inflation may spread. The economy faces greater difficulties as investment growth slows and industrial production remains sluggish, the People’s Bank of China (PBOC) said in its third-quarter monetary policy report. The central bank …

Bloomberg The International Monetary Fund (IMF) and Democratic Republic of Congo agreed in principle to a new credit injection as the government faces slowing growth and declining foreign reserves. The IMF’s executive board is expected to consider the credit facility in mid-December, along with an IMF staff oversight programme that would last through May, the Washington, DC-based lender said in …

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 …