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Amazon’s arrival leaves Mexican e-commerce pioneer in dust

Bloomberg One of the first Mexican retailers to sell online is quickly falling behind newer arrivals, and it may be too late to catch up, according to Credit Suisse. El Puerto de Liverpool, which conducted its first e-commerce transaction in 1997, is spending just a fraction of the amount as Amazon.com Inc., MercadoLibre Inc. and Wal-Mart de Mexico SAB on ...

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Value of UAE construction projects tops AED3 trillion

Dubai / WAM The combined value of the 11,755 active construction projects in the UAE has exceeded $818.2 billion (around AED3 trillion) in November 2017, according to latest UAE Construction Analytics report issued by BNC Network, the largest and most comprehensive project research and intelligence provider in the Middle East and North Africa (MENA) region. This makes the UAE, which ...

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Gulf chemical sector records $77 billion revenues in 2016

DUBAI / WAM Chemical industry in Arabian Gulf countries registered $77 billion in revenues in 2016, three percent less than the previous year due to fluctuation in international oil prices, an official said. Kuwait News Agency (KUNA), quoted Dr Abdulwahab Al-Sadoun, Secretary General of the Gulf Petrochemicals and Chemicals Association, as saying chemical industries in the GCC contributed around $43.8 ...

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