Bloomberg Total holiday shopping this year might be one for the record books, but you wouldn’t know it looking at this past weekend’s numbers. More than 165 million Americans shopped either in stores or online during the five-day period from Thanksgiving Day through Cyber Monday — more than expected, but well below the 174 million shoppers during the same period ...

DUBAI / WAM The UAE remains a global leader in terms of smartphone adoption, second only to Singapore, with smartphones accounting for 85 percent of total connections, according to reports from GSMA Intelligence. The reports highlight that the Gulf region is set to be a global leader in the deployment of 5G networks in the next two years. The number ...

DUBAI / Emirates Business Emaar Properties PJSC has announced that its wholly-owned hospitality and leisure business subsidiary, Emaar Hospitality Group has signed definitive documentation with Abu Dhabi National Hotels (ADNH) to divest its entire economic interest in a portfolio of five hotels in Dubai. Both Emaar and ADNH announced that the transaction closing is subject to meeting various conditions and ...