A day after it bought the remaining stake it did not already own in Carrefour in the region for more than €500 million, one of the UAE’s leading retail groups is reportedly planning a bond sale. Read Article Majid Al Futtaim may sell dollar-denominated bonds
Kumudu Malani sends the Dh2,000 monthly salary she earns cleaning flats in Abu Dhabi straight home to Sri Lanka. But currency appreciation at home means the money she sends back is worth less than it was six months ago. Read Article Currency moves cause UAE expat workers to feel the pinch