Tuesday , 16 December 2025

Recent Posts

Nike suffers worst decline in 9 months as US sales plunge

Bloomberg Nike Inc. shares fell the most in nine months after its North American sales slump worsened, overshadowing strong growth in other regions. The world’s largest sports brand posted quarterly sales that fell short of estimates in its home market, while beating them in Greater China and Europe, the Middle East and Africa. The results show that Nike still faces …

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Value of GCC transport projects tops AED1.4trn

Dubai / Emirates Business The combined value of the 1,424 active transport projects in the GCC has exceeded $392.2 billion (AED1.4 trillion) at the end of 2017, according to latest GCC Construction Analytics report issued by BNC Network, the larg-est and most comprehensive project research and intelligence provider in the Middle East and North Africa (MENA) region. Of these, 139 …

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UAE world’s top aid donor

Abu Dhabi / WAM The UAE has been ranked the world’s largest donor of official development aid, relative to its national income, according to a data published on Saturday by the Organisation for Economic Co-operation and Development (OECD). The official development aid provided by the UAE in the year 2016 reached AED15.57 billion, making up 1.21 percent of the country’s …

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