Dubai / Emirates Business The growth of UAE’s retail industry continues to pick up the pace, drawing momentum from the impressive expansion of the local retail real estate landscape. Based on the latest A.T. Kearney Global Retail Development Index, an annual study that ranks the top-30 developing countries for expansion worldwide, UAE’s ranking improved by two notches in 2017 to …

Bloomberg A rebound in global stocks showed signs of fading in the US, with equities little changed after the best rally in two-and-a-half years. The S&P 500 Index fluctuated after European and Asian equities rallied to catch up with march 26’s surge in the US, spurred by speculation the world will avoid an all-out trade war. The dollar strengthened on …

Reuters Saudi Arabia’s stock market climbed to a 31-month high on Tuesday, once again outperforming the rest of the region in anticipation of a positive decision by FTSE on Wednesday to include the kingdom in its secondary emerging markets index. The Saudi index rose 1.1 percent, bringing its gain so far this year to 9.9 percent. A positive decision by …