The report said the Arab world economies are among the top 30 most competitive in the world: These are UAE (16); Qatar (18) and Saudi Arabia (29th).
Sainsbury's has reported a second consecutive quarter of falling sales, blaming falling food prices. Excluding fuel, like-for-like sales, which strip out the impact of new store openings, fell 1.1% in the 16 weeks to 24 September.
Profits at Moss Bros surged by 30pc after the retail and suit hire company's new strategy of appealing to a younger, more fashionable crowd appeared to pay off.
FRANKFURT, Sept 28 (Reuters) - Deutsche Post DHL is buying independent British postal operator UK Mail Group for 243 million pounds ($316 million) to cement its foothold in Europe's three largest e-commerce markets, Britain, Germany and France.
LONDON—In the weeks after Brexit, U.K. Treasury officials began to reassess the value of the nation's 73% stake in Royal Bank of Scotland Group RBS -0.22 % PLC.