India’s richest man has bought Hamleys.
Mukesh Ambani paid an undisclosed sum to purchase the famous British toy retailer.
The Indian tycoon’s Reliance Brands Limited announced that it had signed an agreement to buy the company from China's C Banner International.
Hamleys was founded in 1760 and has close to 170 stores around the globe.
Expo City Dubai issues UAE’s first green licences
Expo City Dubai has issued its first 'Green Licences' to six businesses, including small-sized social enterprises and multinational organisations, as it works towards establishing its Green Innovation District.
ADNOC Distribution to acquire South African fuel network in $1 billion deal
ADNOC Distribution will fully acquire Shell Downstream South Africa (SDSA) in a $1 billion deal that will allow the Abu Dhabi company to own its 580 fuel sites.
US judge rejects Elon Musk's bid to set aside Twitter fraud verdict
A federal judge on Monday rejected Elon Musk's bid to void a jury verdict finding that the world's richest person defrauded Twitter investors by trying to drive down the social media company's stock price after agreeing to a $44 billion takeover.
OPEC+ approves further output increase as Hormuz exports start to recover
OPEC+ has agreed a further increase in output targets from August, the group said in a statement on Sunday, adding to global supply at a time when oil prices are falling due to the gradual reopening of the Strait of Hormuz for oil exports.
Sunny
High: 41°C | Low: 32°C
Sunny
High: 41°C | Low: 31°C
Sunny
High: 42°C | Low: 30°C
