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Carrefour to open 10 new stores across UAE

  DUBAI / Emirates Business Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, on Sunday announced that Carrefour will open ten new stores in the UAE in 2017, setting it on target to reach 140 hypermarkets and 210 supermarkets in the countries in which Majid Al Futtaim operates by 2018. ...

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Al Hilal Bank appoints Craig Bell as CFO

  Abu Dhabi / Emirates Business Al Hilal Bank announced the appointment of Craig Bell as Chief Financial Officer (CFO), in line with its strategic direction to further reinforce its management with superior expertise from the global financial industry. Bell will lead Al Hilal Bank’s financial strategy development and its execution which directly contributes to its future growth plans with ...

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DFM adds 2,627 new investors during first nine months

  Dubai / WAM The Dubai Financial Market (DFM) successfully attracted 2,627 new investors during the first nine months of 2016 including 418 institutions, lifting the total number of DFM-registered investors to approximately 839,000. The foreign investors’ ownership in DFM also increased to 22.2 percent during the period, in a strong indication of their confidence in the market and its ...

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