Bloomberg Billionaire Mukesh Ambani abandoned a plan to buy a teetering Indian retailer amid protracted legal challenges from Amazon.com Inc., potentially ending one episode of the broader clash between the two titans to control the country’s billion-people-plus market. In a filing, Reliance Industries Ltd. said its proposal to acquire certain assets of Mumbai-based Future Group — which ran the nation’s ...

  DUBAI / WAM Hessa bint Essa Buhumaid, Minister of Community Development, has announced the completion of the disbursement of AED340 million ordered by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, for the recipients of social assistance across the country, on the occasion of the ...

  Abu Dhabi / WAM UAE youths are set to play key roles as Abu Dhabi National Oil Company (Adnoc) future-proofs its business to build long-term resilience and remain a catalyst for the nation’s growth and diversification. Speaking at Adnoc’s Youth Ramadan Forum, Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group ...