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Toys ‘R’ Us advances talks with Sycamore before liquidating

Bloomberg In its rush to find a buyer earlier this year and avoid liquidation, bankrupt Toys ‘R’ Us Inc. landed on a familiar name: Sycamore Partners, according to people familiar with the matter. The private-equity firm, which had already scooped up several troubled retailers, held advanced talks with Toys ‘R’ Us about acquiring the chain and keeping open half its ...

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Arab Coalition: Houthis facing wide isolation

ABU DHABI / WAM The Arab Coalition in Support of Legitimacy in Yemen has said that the Iranian-backed Houthi militias are currently suffering from wide isolation and facing difficulty in enlisting recruits, a fact reflected in the great losses they sustained in the Yemeni districts of Al-Hodeidah and Saada. In a news conference in Saudi Arabia, the official spokesman of ...

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Sharjah Chamber, IAEE sign deal on ‘learning courses’

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) and the International Association of Exhibitions and Events (IAEE) signed a Memorandum of Understanding (MoU) to cooperate on organising a number of Certified in Exhibition Management (CEM) learning programme courses in 2018. The MoU states that a minimum of nine IAEE CEM learning programme courses will be organised, in ...

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