Bloomberg Henkel AG, the German shampoo maker, and buyout firm KKR & Co are among a small group of suitors proceeding to the second round of bidding for Coty Inc’s professional hair and nail products business, people familiar with the matter said. Advent International and a separate consortium of Cinven weren’t chosen to advance to the next round after they ...

ABU DHABI / WAM The UAE-US joint military exercise, “Native Fury 20” kicked off in Abu Dhabi, with the participation of the UAE forces and their US counterpart. The joint exercise comes within the framework of exchanging military experiences and developing joint action between the two friendly countries in the military field, so as to enhance strategic relations between the ...

Dubai / Emirates Business DP World, UAE Region, the region’s premier logistics and business hub operator, has announced across-the-board reductions in license registration and administration costs for companies operating in its flagship Jebel Ali Free Zone (Jafza) as well as for new investors. The far-reaching Jafza Customer Support Initiative is designed to slash business-related fees by between 50 percent and ...