DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry successfully concluded a summer training programme for 16 students from different UAE universities running between July 17 and August 11 as part of its effort to promote Emiratisation in the organisation. Under the annual programme, which is dedicated to the directives of HH Sheikh Mohammed Bin Rashid Al …

  Paris / AFP The IEA said on Thursday it had cut its oil demand growth forecast for 2017 because of a weaker outlook for the world economy following Britain’s vote to leave the European Union. Global oil demand growth is now expected to slow to 1.2 million barrels per day in 2017 from 1.4 mb/d this year “due to …

  Bloomberg Wal-Mart Stores Inc.’s Mexican unit agreed to sell its Suburbia clothing chain to El Puerto de Liverpool SAB, Mexico’s biggest department store chain operator, in a deal valued at 19 billion pesos ($1.03 billion). The transaction, which involved 119 stores, is subject to regulatory approval, Wal-Mart de Mexico SAB and Liverpool said in statements after markets closed. Liverpool …