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

Bloomberg Oil finished higher for the week after a volatile trading session that pitted gnawing doubts about global demand against supply threats from the Middle East and beyond. Futures gained 0.3 percent in New York and ended the week up 1 percent, reversing from last week’s steep loss. Oil turned higher after Mexico’s state-run oil company said crude output fell …

ABU DHABI / WAM As of December 2018, a total of 1,088 licences have been issued for the nuclear sector in the UAE, according to Federal Authority for Nuclear Regulation’s 2018 Annual Report. Official statistics showed that as of December 2018, FANR issued 483 new licences, 459 licence renewals, and 146 licence amendments to conduct activities using radiation sources in …

Bloomberg Total SA’s second-quarter profit fell short of estimates as the price of natural gas and oil dropped, while record hydrocarbon production and continued cost cuts boosted cash flow. Adjusted net income was almost a fifth lower than a year earlier, but cash flow rose and the French giant went ahead with a planned share buyback. While trade tensions and …

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 …