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Online shopping app gains ground in UAE

  Emirates Business Club Factory, the international smartphone shopping application, has witnessed significant growth since its launch in the Middle East. The one-stop shopping destination ranks amongst the top 10 free shopping apps in the UAE with home décor, handbags, beauty products, and clothes as the top five most popular products amongst users. Bringing over one million products together on ...

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Kate Spade to start formal auction next month

  Bloomberg Kate Spade & Co., which is exploring a sale of the handbag maker, plans to kick off a formal auction process next month, with interest from six possible bidders, according to a person familiar with the situation. The New York-based retailer is working with financial advisers on sale preparations, said the person, who asked not to be identified ...

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Iran to buy 20 short-haul aircraft from Europe’s ATR

  BEIRUT / AFP Iran and European planemaker ATR are due to sign a deal next week for the purchase of 20 short-haul passenger aircraft, an Iranian official said, weeks after Tehran finalised deals with Boeing and Airbus. ATR, co-owned by Airbus and Italy’s Leonardo Finmeccanica , in February reported preliminary orders from Iran for 20 twin-engine turboprop ATR 72-600 ...

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