Recent Posts

Labour woes hinder retailers’ goal of challenging Amazon.com

Bloomberg Brick-and-mortar retailers hoping to fend off Amazon.com Inc. need to deploy the one weapon that could set them apart: top-notch customer service, provided by actual humans. But making that goal a reality relies on something they’ve not really invested in—well-trained employees with the kinds of wages and regular hours that make them want to stick around. This illustrates traditional ...

Read More »

ADNOC unit IPO set to raise AED3.31bn

Bloomberg Abu Dhabi National Oil Co. plans to raise as much as AED3.31 billion ($902 million) from the initial public offering (IPO) of its fuel-retailing unit after lowering the top end of the offer price and deciding to only sell a 10 percent stake. The crude producer reduced the price range to AED2.35 dirhams to AED2.65 for the shares of ...

Read More »

UAE stocks gain AED4.4 billion

Abu Dhabi / WAM UAE stock markets closed on a high note Wednesday, defying a winning streak on profit booking by a number of investors, with the market value of trading companies posting decent gains of AED4.4 billion by the end of sessions. The realty, banking and investment sectors were the main driver for the positive sentiments, with investment firms ...

Read More »
Send this to a friend