Sunday, December 28, 2014

UAE's Marka to buy retail outfit from Dubai World for $60m

Marka, a retailing and restaurants start-up, has agreed to buy a sporting goods retail firm from state-owned conglomerate Dubai World for AED220 million ($60 million), in a move that will make Marka operationally profitable in 2015, it said on Sunday.
http://www.arabianbusiness.com/uae-s-marka-buy-retail-outfit-from-dubai-world-for-60m-576563.html#.VJ_7aF4AB4

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