Recent Posts

H&M earnings return to growth after two-year slump

Bloomberg Hennes & Mauritz (H&M) AB rose to the highest in almost two years after a popular summer collection helped the Swedish retailer put a dent into its bulging inventory. The stock rose as much as 7.5% after quarterly earnings gained for the first time this year. The third-quarter report was a rare bright spot in the gloomy world of ...

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International delegates attend FNC elections as observers

ABU DHABI / WAM An international delegation is visiting the UAE to learn about the country’s experience in organising the 2019 Federal National Council (FNC), elections and implementing a state-of-the-art electronic voting system that has been in use since the first cycle of the elections. The National Election Committee (NEC), has organised the 2019 FNC Elections Visit Programme which includes ...

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Dubai non-oil trade up 5% to AED676bn in H1

Dubai Dubai recorded a non-oil foreign trade of AED 676 billion in the first half of 2019, an increase of 5% year-on-year from AED 644 billion in the corresponding half last year. The first-half figures, which represent a staggering growth of 87% from 2009, reflect the ability of the emirate’s trade sector to raise its strength and competitiveness despite a ...

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