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Dollar-store chains tumble after food-stamp cuts hurt sales

  Bloomberg Shares of Dollar General Corp. and Dollar Tree Inc. tumbled after the discount retailers posted disappointing sales, a sign that cuts in food-stamp programs are taking a toll. Dollar General’s second-quarter revenue and profit both missed analysts’ estimates. Its same-store sales — a closely watched measure — grew just 0.7 percent in the period, compared with the 2.6 ...

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Summer campaign gives Sharjah tourism a boost

  Dubai / Emirates Business Sharjah Commerce and Tourism Development Authority (SCTDA) said that this year’s international summer campaign had a positive effect on the tourist numbers in the Emirate. The SCTDA campaign which ran in collaboration with the emirates accommodation sector was run in parallel with the Sharjah Chamber of Commerce and Industry’s summer campaign which promoted the commerce ...

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Majority of UAE professionals prefer to be own bosses

  Dubai / Emirates Business Entrepreneurship is a source of economic growth in all parts of the world, and in many Middle Eastern countries it is one of the main economic drivers. Bayt.com, the Middle East’s leading job site, teamed up with YouGov, a pioneer in online market research, to ascertain the current levels of understanding and interest in entrepreneurship ...

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