Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced the signing of a Memorandum of Understanding with Dubai Municipality to consolidate cooperation on developing a geolocation infrastructure project in Dubai as part of the Geo Dubai initiative. The MoU, signed by Saeed Mohammed Al Tayer, MD & CEO of Dewa; and Dawood Al Hajri, Director-General of Dubai Municipality, includes ...

Getting a touch ahead of events, the New York Times noted last week that the recent electoral victories of the Scottish National Party could lead to “the biggest blow to a British prime minister since Lord North lost the colonies in America.” The markets took a different view. In trading, after the election results were clear, sterling rose against the ...

Vinted, the Lithuanian app that lets users buy and sell pre-owned clothes and accessories, was valued this week at 3.5 billion euros ($4.2 billion), not far below more established European retailers such as Hugo Boss and Sports Direct owner Frasers Group. The Vinted fundraising underlines the current vogue for vintage and secondhand apparel — including anything from bootcut jeans to ...