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Ikea: You don’t need to buy that new sofa anymore

Bloomberg The world’s biggest furniture retailer is figuring out how to pursue ambitious climate goals without losing out economically. Ikea, the Swedish company known for making smart, inexpensive furniture that stands little chance of becoming a family heirloom, wants people to hold on to its pieces for longer. To that end, the company intends to broaden the services it provides ...

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UAE largest source of FDI in region in 2017

ABU DHABI / WAM The UAE has ranked 30th in the world in terms of a nation’s ability to attract foreign direct investment in 2017, up five places from 2016. According to the UN Conference on Trade and Development (UNCTAD), ‘World Investment Report 2018’, FDI to the UAE rose by eight percent to $10.4 billion in part due to rising ...

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Second phase of customer happiness formula launched

DUBAI / WAM The UAE Government has launched the 2nd phase of the customer happiness formula that includes the assessment of 250 electronic and smart services provided by different federal government departments. Ohoud bint Khalfan Al Roumi, Minister of State for Happiness and Wellbeing, said, “customer happiness formula is one of the comprehensive initiatives to develop government services and build ...

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