Bloomberg Best Buy Co entered the holiday shopping season on a positive note after posting quarterly sales that topped estimates and raising its full-year-outlook, sending the shares higher. Fuelled by demand for appliances, headphones, tablets and services like tech support, comparable-store sales in the US rose 2%, easily beating analysts’ projections. The Minneapolis-based consumer-electronics retailer also boosted its forecast for ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Abu Dhabi Executive Council, ordered AED6.6 billion in housing packages – including loans, houses and land – to be granted to over 5,000 Emiratis within Abu Dhabi. In implementation of the ...

Dubai / WAM Expo 2020 Dubai and government-led infrastructure projects were the key factors driving the growth of Dubai’s construction sector in 2018 and 2019, and this trend is expected to continue over the next two years, according to new analysis released by the Dubai Chamber of Commerce and Industry at a briefing organised for delegates attending the Big 5 ...