ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, …
Read More »Woolworths sells Australia’s David Jones chain to Anchorage
Bloomberg Woolworths Holdings Ltd. agreed to sell Australia’s oldest department store chain David Jones to Anchorage Capital Partners, ending an expensive misstep for the South African retailer. The deal will remove about 17 billion rand ($965 million) of liabilities related to the David Jones store portfolio, Woolworths said in a statement. Management expects to get more than the carrying …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.



