People walk past shops displaying sales promotions in New York. File/Reuters
British retail sales rebounded much more strongly than expected last month as the country gradually relaxed its coronavirus lockdown, but public borrowing hit a record high and debt passed 100% of economic output.
US retail sales rose more than expected in June as consumers bought major items like motor vehicles and dined out, but a resurgence in new COVID-19 cases is chipping at the budding recovery, keeping 32 million Americans on unemployment benefits.
British retail sales jumped back almost to pre-coronavirus lockdown levels in June when non-essential stores in England reopened, giving a boost to beleaguered clothing stores.
The UAE Space Agency has launched a new competition offering up to Dhs4 million in funding for next-generation proposals that address climate change
Aside from the Expo 2020 Dubai being a fertile ground for essential and probably at-the-moment incomprehensible discoveries for what lies ahead,
Expo 2020 Dubai is playing a big role in the growth of the UAE retail sector as the numbers of the global visitors are increasing every passing day after its official opening on October 1, 2021.