WeWork gets its way with little space

London Here’s a superlative that didn’t get much attention in WeWork’s 220-page prospectus for its planned initial public offering: it jams more people into its spaces than just about any other commercial landlord. In London, WeWork provides about half of the 8-to-10 square metres per person recommended by the British Council for Offices industry association. […]

Fawaz Alhokair’s M&S deal in Saudi ends

DUBAI: Saudi Arabia’s Fawaz Abdulaziz Alhokair said on Wednesday its franchise agreement in the kingdom with British retailer Marks & Spencer had ended, along with similar deals with a number of “non-performing” brands. Marks & Spencer (M&S) said in an email that its franchised stores in Saudi Arabia were transferred to Al-Futtaim Group in 2018. […]

India’s Apollo Hospitals eyes return to the UAE

Dubai: More than a decade after it exited a joint venture here, India’s Apollo Hospitals wants to make a full-scale return to the UAE. This could include setting up super-speciality hospitals or taking over management of existing ones. But Apollo – the top privately-owned healthcare operator in India – will not get into setting up […]