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US retail giant Costco Wholesale brings bulk brie to France

Bloomberg About a half-hour south of Paris, a uniquely American import has opened for business. The store’s aisles brim with beauty and bulk, side by side. One-kilogram (2.2 pound) wheels of Mont D’Or cheese sit near $5,509 Breitling watches. The Yanks demand that the locals fork over an annual fee of $42 just to walk in the door. France, meet ...

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UAE okays AED201.1bn fed budget until 2021

DUBAI / WAM The UAE Cabinet, presided over by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, approved the federal budget for 2018-2021 with a total of AED 201.1 billion, of which AED51.4 billion is for 2018, with a zero deficit. This came during the extraordinary session held at the ...

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Amlak announces AED30mn profit

DUBAI / Emirates Business Amlak Finance PJSC, a leading specialized real estate financier in the Middle East, announced its financial results for the nine months period ending September 30. The company recorded a net profit of AED30 million for the nine months period ending September 30. The company reported profit of AED14 million for Q3, an increase of 100% compared ...

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