Walmart said that prices for shoppers would rise due to higher tariffs on goods from China as the world’s largest retailer reported its best comparable sales growth for the first quarter in nine years. Bentonville, Arkansas-based Walmart called out the impact of tariffs on consumers
China is planning to lower wholesale aviation fuel price as early as July, part of Beijing’s pledge to reduce business costs in a slowing economy, said an oil industry executive and a spokeswoman with the Chinese aviation authority. The cuts will apply to both ex-refinery prices and rates charged
UAE Banks Federation (UBF) has unveiled the results of its 2018 Trust Index Survey, which has been recently completed, revealing that 74% of respondents had high trust in the UAE banking sector, up from 68% in 2017.
E-commerce sales in Dubai are projected to jump 23 percent to reach $27 billion in 2022, driven by the Covid-led digital shift and changing consumer demands, which are levelling the playing field, Hamad Buamim, President & CEO of Dubai Chamber of
The Federal Tax Authority (FTA) announced on Monday that the total value of tax liabilities related to the seizures performed during inspection campaigns reached Dhs2.74 million.
US consumers continued to spend in July but the gains were much slower than the prior two months amid a surge in coronavirus cases, and confidence remained in a “depressed range,” according to new data released on Friday.
China’s retail sales slipped in July, dashing expectations for a modest rise, as consumers in the world’s second-largest economy failed to shake off wariness about the coronavirus, while the factory sector’s recovery struggled to pick up pace.
Sewa has announced extending paying bills without penalties for one month in case the bill value is less than Dhs1,000 and for 15 days in case the bill value is more than Dhs1,000, instead of 7 days.
The Principles-Based Regulation sets out key objectives to ensure protection of consumers’ interest in their use of any financial product, service and relationship with Licenced Financial Institutions (LFIs).