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Bloomberg Steinhoff International Holdings NV is seeking more than 850 million rand ($59 million) from ...
Read More »Steinhoff seeks $59mn from ex-CEO after accounting crisis
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H&M gains as retailer shows progress towards turnaround
Bloomberg Hennes & Mauritz AB surged after the struggling Swedish clothing retailer showed progress coping ...
Read More »UAE does not point fingers at any state for tankers’ attack: Abdullah
WASHINGTON / WAM The United Arab Emirates said on Wednesday that circumstantial and compelling evidence ...
Read More »ADFG-Shuaa merger to create AED2.8bn entity
Bloomberg Abu Dhabi Financial Group (ADFG) agreed to a reverse merger with Shuaa Capital PSC ...
Read More »Investment Corporation of Dubai revenues hit $63b
DUBAI / WAM The Investment Corporation of Dubai (ICD) announced its consolidated financial results for ...
Read More »Oil jumps to 4-week high as US stockpiles drop
Bloomberg Oil rose to a four-week high after an industry report signalled a bigger-than-forecast drop ...
Read More »UAE, Mexico explore ways to boost ties
MEXICO CITY / WAM UAE Ambassador to Mexico Ahmed Hatem Al Menhali met with Mexican ...
Read More »Trump warns of ‘Plan B’ on China trade with billions more in tariffs
Bloomberg US President Donald Trump said substantial additional US tariffs would be placed on goods ...
Read More »Rakez Media Zone license issuance up 177% in May
RAS AL KHAIMAH / WAM The number of new media licences and freelancer permits issued ...
Read More »17th Irena Council meet concludes in Abu Dhabi
ABU DHABI / WAM The 17th meeting of the International Renewable Energy Agency (Irena), Council ...
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