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Sports Direct plans to keep most House of Fraser stores open

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 ...

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UAE, Jordan keen to enhance ties

AMMAN / WAM Ways of developing cooperation between the UAE and Jordan were the main topic of discussions at a meeting between the UAE Ambassador to Jordan Mattar Saif Sulaiman Al Shamsi and the Chairman of theJordanian-Emirati Brotherhood Committee Samir Abdul Hadi, at the embassy’s premises in Jordan. During the meeting, the two sides discussed means of enhancing aspects of ...

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KFED funds 1,364 projects in 2017

Abu DHABI / WAM The number of projects funded by the Khalifa Fund for Enterprise Development (KFED) reached 1,364 projects in 2017, of which 27 percent are industrial projects while the total value of funding approved by the fund exceeded AED1.6 billion since its establishment in 2007. In an interview with the Emirates News Agency (WAM), Abdullah Saeed Al Darmaki, ...

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