Bloomberg The final numbers are in, and the past holiday season was indeed one of the best since the last recession—even if everyone didn’t partake in the good fortune. Sales rose 5.5 percent to $691.9 billion during November and December, the National Retail Federation said. The results exclude spending on cars, gas and restaurants. E-commerce and other sales that occur ...

ABU DHABI / WAM Masdar, Abu Dhabi Future Energy Company, on Sunday signed a Share Purchase Agreement (SPA) with Akuo Energy, the French IPP in renewable energy, to enter into the Krnovo Wind Farm, Montenegro’s first wind energy project. The agreement was signed by Niall Hannigan, Chief Financial Officer of Masdar, and Eric Scotto, Chief Executive Officer of Akuo Energy, ...

ABU DHABI / WAM The UAE stocks maintained their bullish trend on the first trading day of the week supported by the realty sector led by Emaar, which closed on a high note of AED7.30. The positive performance of the Dubai property giant reflected favourably on the entire real estate sector at DFM whose general index rose 0.53 percent, to ...