Bloomberg Starbucks will launch its first all-day dining cafe in Shanghai, featuring fresh Italian food, the US coffee giant said in a statement. The move signals part of the company’s effort to “to play the long game in China,” according to Belinda Wong, CEO of Starbucks China. The coffee chain, which now operates more than 3,700 stores in 158 cities ...

DUBAI / WAM Emaar Malls – the shopping malls and retail business majority-owned by Emaar Properties, recorded a full-year 2018 net profit of AED2.230 billion, a growth of 7 percent over the Fiscal Year (FY), 2017 net profit of AED2.086 billion. Revenue for FY 2018 was AED4.446 billion, 23 percent higher than FY 2017 revenue of AED3.629 billion. Recording consistent ...

Emirates Business Aldar Properties PJSC (Aldar) reports robust financial results for the 12 months to December 31, 2018 – a transformational year with strong momentum building in the second half that has continued into 2019. The company posts AED 6.3 billion revenue, up 2%, supported by asset acquisitions and development revenue recognition as projects under construction achieve milestones. The company’s ...