Bloomberg Sports Direct International Plc says it will continue to operate most of House of Fraser Ltd.’s 59 UK and Ireland department stores after rescuing the chain from near collapse. “Our aim is to keep at least 80 percent of the stores open,” Liam Rowley, Sports Direct’s head of strategic investments, said on Tuesday in an interview on Bloomberg TV ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued Emiri Decree No. 02 of 2018 amending the UAE Cybercrimes Law. According to the Decree, Article Nos. 26, 28 and 42 of Federal Decree-Law No. 05 of 2012 on Combatting Cybercrimes will be replaced with updated provisions. Article No. 26 stipulates an imprisonment period of at ...

Dubai / Emirates Business Emaar Development, the UAE build-to-sell property development business majority-owned by Emaar Properties, reported a net profit of AED1.82 billion ($496 million) during the first six months (January to June) of 2018, an increase of 68 percent compared to AED1.08 billion ($294 million) during the same period last year. Revenue for first six months of the year ...