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.
Andre Agassi to headline 11th Dubai International Project Management Forum
Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of the Executive Council of Dubai, the 11th edition of the Dubai International Project Management Forum (DIPMF) will bring together an elite line-up of local and international speakers, including ministers, heads of authorities and institutions, and senior executives from leading global companies.
Disney+ joins 1 Billion Followers Summit as strategic partner
The 1 Billion Followers Summit, the world’s largest global event dedicated to the content creation economy, has announced Disney+, the streaming service of The Walt Disney Company, has joined as a Strategic Partner for its fourth summit.
China hits US defence firms with sanctions over Taiwan arms sales
China's foreign ministry has announced sanctions targeting 10 individuals and 20 US defence firms, including Boeing's St. Louis branch, over arms sales to Taiwan.
Dubai Free Zones Council reviews efforts to boost investor experience
The Dubai Free Zones Council, chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, held its 33rd meeting to discuss key priorities aimed at boosting Dubai’s business environment.
ADFD finances project to enhance water security in Mauritania
Abu Dhabi Fund for Development (ADFD) has contributed to a strategic project that will supply the city of Kiffa and the surrounding region in Mauritania with potable water.
The UAE International Aid Agency has signed a cooperation agreement with the Norwegian Refugee Council to provide assistance to refugees in East Africa, contributing with a grant of $8 million.
An earthquake measuring 2.9 on the Richter scale was recorded in the southern Musandam region early Sunday morning, according to the National Seismic Network at the UAE’s National Centre of Meteorology (NCM).
Reem Al Hashimy, Minister of State for International Cooperation, has welcomed the United Nations’ assessment mission to El Fasher as an important step toward restoring humanitarian access for civilians who have endured months of siege and deprivation.
