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Amazon’s ambitious October spooks stocks standing in its path

Bloomberg The looming threat of Amazon.com Inc. siphoned billions in market cap from Under Armour Inc. to FedEx Corp. to Walgreens Boots Alliance Inc.— more than $30 billion combined—in October. Companies are gearing up to face Bezos’s behemoth heading into the holiday season, with some appearing ready to get creative as the state of their industries is shaken. CVS Health ...

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VP issues new law to help non-muslims register wills

DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Law No. 15 of 2017 regulating inheritance, wills and probate for non-Muslims. The law, which is applicable to the wills and assets of non-Muslims based in Dubai including the Dubai International Financial Centre (DIFC) creates a ...

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Majid Al Futtaim begins work on AED1.4bn mall in Abu Dhabi

Abu Dhabi / WAM Al Jazira Sports and Cultural Club and Majid Al Futtaim officially broke ground, on Tuesday, on City Centre Al Jazira, the new AED1.4-billion lifestyle destination coming to Abu Dhabi. The new project will bring to the capital an integrated shopping, lifestyle and entertainment destination, contributing to Abu Dhabi’s vision that aims to develop a competitive, sustainable ...

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