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Largest Ikea store to open in Manila

Bloomberg The world’s largest Ikea store will open in 2020 in the Philippines as the Swedish furniture retailer presses on its bets in Asia. Ikea will debut a 65,000 square metre (700,000 square feet) store in SM Prime Holdings Inc.’s Mall of Asia where it’s leasing a space that’s equal to more than 150 basketball courts, Ikea Southeast Asia Managing ...

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French supermarket chain names new finance chief

Bloomberg Casino Guichard-Perrachon SA promoted David Lubek to chief financial officer as the embattled French supermarket chain freshens up management in a bid to fend off short sellers who question its accounting. Lubek, 45, replaces Antoine Giscard d’Estaing, a 57-year-old nephew of a former French president. The outgoing CFO will pursue new professional projects after 10 years at the company, ...

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Abu Dhabi education price index up 3.4%

Abu Dhabi / WAM The Education Price Index (EPI) for the academic year 2018/ 2019 in the Emirate of Abu Dhabi increased by 3.4% in 2018 compared with 2017. The Education Price Index in 2018 was 108.0% and 104.4% in 2017, according to the Statistics Centre – Abu Dhabi. The Education sector in the emirate of Abu Dhabi is one ...

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UAE standout as key participant at Bahrain airshow

Manama / Emirates Business Under the patronage of His Majesty King Hamad bin Isa Al Khalifa, King of the Kingdom of Bahrain, and under the supervision of His Highness Shaikh Abdullah bin Hamad Al Khalifa, Personal Representative of His Majesty the King and the Chairman of BIAS Supreme Organising Committee, the fifth edition of the Bahrain International Airshow 2018 (BIAS) ...

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Albanian parliament, IPTP honour Sheikh Zayed

TIRANA / WAM The Albanian Parliament and the International Parliament for Tolerance and Peace (IPTP) honoured the late Sheikh Zayed bin Sultan Al Nahyan in Tirana, Albania. The members of the parliament stood in respect for the UAE Founding Father, in appreciation of his contributions to promoting tolerance and peace around the world, during the second session of the Albanian ...

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Seminar held to foster development of SMEs

ABU DHABI / WAM The National Programme for Small and Medium-Sized Enterprises, the executive arm of small and medium-sized enterprises (SMEs), operating under the umbrella of the Ministry of Economy, organised an introductory workshop, in cooperation with European Business Network of the European Commission. The workshop, which was attended by over 25 representatives of funding institutions and organisations that support ...

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Uber set to resume services in Abu Dhabi

Emirates Business Uber announced on Monday the re-launch of its services in the UAE capital, in collaboration with Department of Transport in Abu Dhabi — represented by the Integrated Transport Centre (ITC) — to offer convenient and reliable transportation solutions across the Emirate with a push of a button. The announcement followed the signing of an agreement between Uber and ...

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