Bloomberg The difficulties facing Britain’s non-food retailers were laid bare Tuesday in gloomy reports from department-store group Debenhams Plc and floorcoverings seller Carpetright Plc. Debenhams, the operator of 250 stores across 27 countries, said full-year earnings could be at the low end of analysts’ estimates should current market volatility persist. Carpetright, which runs 426 outlets in the U.K. alone, reported ...

DUBAI / AGENCIES The UAE’s AED522 billion Islamic banking assets will help fuel the growth of the country’s Halal sector, according to a research conducted by Orange Fairs and Events, organisers of the Halal Expo – Dubai, 2017. Seven Islamic banks out of the 23 registered commercial banks in the UAE represent nearly a fifth of the country’s banking assets. ...

DUBAI / WAM The Executive Team of the Global Innovation Index held its 4th meeting of the current year at the headquarters of the Ministry of Economy in Dubai, to examine the results of yearly report for 2017, where the UAE has achieved an important leap in its general ranking on the Index by six places compared to last year’s ...