Bloomberg J Sainsbury Plc showed why it’s so eager to lead a consolidation push among the UK’s grocers. Excluding fuel, Sainsbury’s comparable retail sales rose 0.2 percent in the 16 weeks through June 30, the London-based company said. That met the average analyst estimate but marked the slowest growth since the company acquired catalog retailer Argos in 2016. “The slowdown ...

DUBAI / Emirates Business The UAE GDP is expected to accelerate to 2.6% growth in 2018 and to around 3.8% in 2019. The growth will be primarily driven by recovering oil prices, an expansionary fiscal stance at the federal and emirate levels, a buoyant trade and tourism environment and a pick-up in investment ahead of Expo 2020 in Dubai, according ...

RIYADH / WAM The Saudi-led Arab Coalition to Restore Legitimacy in Yemen has expressed its rejection of a report issued by the UN Secretary-General Antonio Guterres, saying it contains inaccurate data on children who lost their lives in the armed conflict in Yemen. Colonel Turki Al Malki, the Coalition’s official spokesperson, said that the report included false, baseless infor- mation ...