Bloomberg Paul Singer’s activist hedge fund, best known for its jousts with underperforming corporate titans, is about to start selling books in the UK. Elliott Advisors, a unit of Elliott Management Corp., has entered a binding agreement to acquire Waterstones from Alexander Mamut’s Lynwood Investments, the bookseller said in a statement. Waterstones operates a chain of 283 bookshops in the ...

MEXICO CITY / WAM The UAE Ambassador to Mexico Ahmed Hatem Al Menhali met with Mexico’s Secretary of Tourism Enrique de la Madrid Cordero in the country’s Ministry for Tourism located in Mexico City, to discuss a number of issues of common interest. The two sides reviewed ways to enhance relations, namely boosting bilateral tourism between the UAE and Mexico ...

DUBAI / WAM National Bank of Fujairah (NBF) announced that it achieved to AED145.4 million in net profits in Q1 2018, with 15.3 percent rise compared to AED126.1 million in the corresponding period of 2017. Easa Saleh Al Gurg, NBF Deputy Chairman, said, “This reflects solid core business growth and proactive asset and liability management, the bank said in statement. ...