Monday , 20 April 2026

Recent Posts

Toys ‘R’ Us workers go to Congress to seek curbs on buyout  firms

Bloomberg Fired Toys ‘R’ Us Inc. workers took their travails to Congress to press for changes in the way private equity deals are structured. Potential US presidential candidates Kirsten Gillibrand and Cory Booker, and Minority Leader Chuck Schumer were among Democratic senators who met with former staff members and workers’ rights groups. The ex-employees are asking for new leverage limits …

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Khalifa Foundation provides relief aid to 180,000 Somalis

BERBERA/ WAM The Khalifa bin Zayed Al Nahyan Foundation has concluded its third relief operation in Somalia’s Berbera region, distributing food aid packages to 10,000 families affected by the drought. According to a spokesperson from the organisation, the campaign was implemented in accordance with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, with the support of …

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DFM index reports biggest monthly rise in a year in July

Bloomberg Dubai’s main equity gauge posted its biggest monthly gain in a year, powered by a revival in the banking sector as better-than-estimated earnings help UAE stocks escape this year’s doldrums. The DFM General Index has surged 4.8 percent in July. In Abu Dhabi, the ADX General Index posted its largest monthly gain in more than two years, advancing 6.6 …

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