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UAE records $12.3 billion in apparel sales in 2018

Dubai / Emirates Business The value of apparel sales in the UAE amounted to $12.3 billion in 2018, registering an annual growth rate of about 4.8 percent, while the sector is expected to see stronger performance over the 2019-2023 period, new analysis released by Dubai Chamber of Commerce and Industry has revealed. The analysis, based on recent data from Euromonitor ...

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Oil slides on flaring trade-war tensions

Bloomberg Oil slid as escalating trade tensions between the US and China prompted investors across financial markets to flee risk assets, though West Texas Intermediate pared losses after a report signaled an inventory drop at America’s main storage hub. Futures fell in London and New York after posting a loss last week. The dispute between the top major economies is ...

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Young Emirati golfers teed up for big stage

Dubai / Emirates Business Global trade enabler DP World has announced its renewed partnership with the Emirates Golf Federation (EGF), as it continues to support the growth of golf by investing in grassroots talent development as well as the elite game, paving the way for aspiring youngsters to become future international stars. The announcement signals the fourth year that funding ...

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