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

Bloomberg More than a month since oil started washing up on some of Brazil’s most touristic beaches, dotting sand with black patches, killing sea turtles and scaring off fishermen, the origin of the crude is still a mystery. “We don’t know the oil’s origin, where it came from or how it got here,” Energy Minister Bento Albuquerque said at an …

Bloomberg Samsung Display Co plans to spend 13.1 trillion won ($11 billion) developing and building next-generation displays, responding to a flood of supply and price pressure from fast-moving Chinese rivals. In an announcement event attended by Korean President Moon Jae-in and Samsung Electronics Co Vice-Chairman Lee Jae-yong, the investment was presented as a move to reorganise the display industry while …

Bloomberg Tesla Inc’s Smart Summon, the semi-autonomous feature some owners can use to fetch their cars, doesn’t live up to the Model 3 maker’s marketing hype, Consumer Reports magazine said. The magazine spent several days testing the feature, which allows Tesla owners to tap their smartphone and remotely call for their car to pick them up. Tesla customers have flooded …

Health experts are calling for greater awareness as several women face sleep disruption. Sleep challenges, in particular, are emerging as a significant concern. According to the National Council on Aging (NCOA), more than 40% of women experience sleep problems, while between 52% and 64% of women struggle to achieve restorative sleep. The scale of the issue is further highlighted by …

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 …