Wednesday , 17 June 2026

Recent News

American Air’s union workers must end slowdown, says judge

Bloomberg A federal judge reinforced an order for American Airlines Group Inc mechanics and other airport ramp workers to end an alleged work slowdown the carrier said has had a “devastating effect” on flights during the busy summer travel season. US District Judge John McBryde in Fort Worth, Texas, made permanent an earlier order directing the TWU-IAM Association to stop …

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China top bank cuts Cathay to strong sell

Bloomberg Cathay Pacific Airways Ltd was cut to a “strong sell” by the investment banking arm of China’s biggest lender, which said the fallout from the anti-Beijing protests in Hong Kong is set to hurt to the airline’s brand. State-run Industrial & Commercial Bank of China Ltd slapped a HK$6 price target on the stock, about a third less than …

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Air Canada boosts its Transat offer to $151m

Bloomberg Air Canada boosted its takeover offer for Transat AT by 38 percent, or C$200 million ($151 million), securing support from the tour operator’s largest shareholder in the process. Air Canada said it will raise the bid to C$18 a share from C$13, bringing the value of the all-cash offer to C$720 million. The sweetened offer has the support of …

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Stocks

Vapiano introduces breakfast for the first time in its history across UAE outlets

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 …

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Public Warning Notice

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 …

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SCA urges collection of dividends issued before March 2015

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 …

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Capital.com offers international investors access to UAE stocks

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 …

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Abu Dhabi Securities Exchange welcomes Alpha Data’s listing

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 …

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