Bloomberg After more than four decades at the helm of French Connection Group Plc, Chief Executive Officer Stephen Marks is preparing to sell the clothing company he helped create. The company said it’s in the early stages of looking for a buyer, lifting its shares as much as 45 percent. Marks, who has a stake of almost 40 percent, is ...

Abu Dhabi / Emirates Business­­­­­ The traditional idea of where we get the feeling of home has been disrupted, according to a global research project by IKEA Group. The fifth edition of the Life at Home Report — an annual study into domestic living trends around the world — found that 29% of people globally say there are places where ...

Abu Dhabi / Emirates Business Abu Dhabi Securities Exchange (ADX), region’s leading financial market, together with Aldar Properties, on Sunday rang the market opening bell to celebrate the listing of Aldar Investments’ new $500 million sukuk, marking the first corporate sukuk ever to be listed on the exchange. The sukuk, which was raised at a profit rate of 4.75% with ...