LONDON. British regulators blocked Sainsbury’s £7.3-billion ($9.4 billion) purchase of Walmart’s Asda unit on Thursday amid concerns the deal would have increased prices and reduced the quality and range of products available. For Walmart, it’s another setback in its effort to export its low-price strategy around the world. The Competition and Markets Authority said the […]
Dubai: Union Coop has reported a 26.5 per cent increase in net profit for the first quarter of 2019, compared to the same period the previous year, with an increase of Dh28.8 million. The first quarter of 2019 saw a net profit of Dh138.5 million, compared to Dh109.7 million in 2018. The company also revealed […]
Dubai: The Dubai Exhibition Centre (DEC) is set to open on October 20, 2020 — operated by the Dubai World Trade Centre — and will become a new 45,000 square metre space from which to host conferences and other events. Spread across two campuses, the centre will house a theatre, an auditorium, several multi-purpose halls, […]
Sohar Port and Freezone together with RFX Industrial parks have recently signed a development agreement encompassing 58 hectares within the …
Sohar Port and Freezone together with RFX Industrial Parks announced the recent signing of a development agreement encompassing 58 hectares …
(MENAFN – Muscat Daily) Muscat- Sohar Port and Freezone together with RFX Industrial Parks LLC announced the recent signing of a development …
Sohar Port and Freezone together with RFX Industrial Parks LLC announced the recent signing of a development agreement encompassing 58 …
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Dubai: UAE telecoms brand du saw its net profits drop by more than 12 per cent in the first quarter of 2019, while the company’s revenues slipped over 6 per cent. Du, one of only two internet and mobile phone network providers in the UAE, saw its net profits drop from Dh512 million in the […]