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Emirates Securities Market down by -0.66 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.66% to close at 4443.67 points. Accordingly the Market Capitalization has lost AED 4.81 billion attaining AED 720.82 billion. A total of 0.59 Billion Shares were traded with a total value of 0.84 Billion AED during the trading session of 16-03-2016 through 8618 transactions. The number of companies which ...

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Air Freight mkt makes solid start to 2016

Geneva / Emirates Business Global air freight markets in January has shown a good rise in freight tonne kilometers (FTK) of 2.7 percent compared to January 2015. This continues the improving trend witnessed toward the end of 2015, and is the fastest pace since April of last year, said the International Air Transport Association (IATA) in its recently released data. ...

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Casino seeks 2nd-round bids for Vietnam unit

Bloomberg French retailer Casino Guichard-Perrachon SA plans to soon seek second-round bids for its Big C grocery chain in Vietnam, people with knowledge of the matter said. Casino aims to ask for binding offers in the coming weeks, according to the people, who asked not to be identified as the information is private. Japan’s Aeon Co. was among several parties ...

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