ABU DHABI / GULF TIME Q Properties — a leading UAE real estate developer and subsidiary of Q Holding — unveiled a collection of stylish new luxury apartments in Reem Hills, located in the heart of the capital and the only gated community on Al Reem Island. The new collection has been created for value seeking buyers wanting an attractive, ...

BLOOMBERG Steinhoff International Holdings NV failed to pass a plan to give creditors 80% of its equity as it sought to be released from its debt that is due at the end of June. Shareholders rejected all the resolutions that were voted on at the global retailer’s annual general meeting held in Amsterdam. The gathering lasted three hours because of ...

BLOOMBERG Jumia Technologies AG made a deal to sell French retailer Leroy Merlin’s products in West Africa, part of a plan to expand its reach and cut losses in half by the end of 2023. The Africa-focussed e-commerce giant will sell the French company’s tools and do-it-your-self products in Ivory Coast and Senegal, focussing on high-growth rural areas and smaller ...