Bloomberg Etsy Inc. kept its word to investors and eked out a small boost in its growth rate by luring more shoppers and getting them to spend more on its site for unique, small-batch goods. Gross merchandise sales, the total value of goods that pass through Etsy’s platforms, grew 13 percent to $766.4 million in the third quarter—bigger than the ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (ADNOC) announced the successful issuance and closing of a $3 billion bond, one of the largest non-sovereign bond offerings in the history of the Middle East. The bond, issued by ADCOP, an entity 100 percent owned by the ADNOC Group, highlights the more proactive and flexible management of ADNOC’s portfolio ...

Dubai / Reuters DP World extended its reach into Somaliland on Monday, announcing that it would develop an economic zone in the breakaway Somali region. The chairman of the Dubai state-owned port operator, Sultan bin Sulayem, and Somaliland’s foreign minister Saad Ali Shire signed the agreement in Dubai on Monday to develop the Berbera Free Zone, DP World said in ...