Gap Inc says it is shutting 230 of its stores.
The fashion firm also said splitting off its Old Navy brand, which will be a standalone company.
They say it's part of restructuring efforts aimed at "revitalising" the company.
According to latest figures, sales at Gap are continuing to fall while Old Navy's revenues are on the rise.
Ras Al Khaimah Ruler supports businesses with licence fee exemption
Businesses in Ras Al Khaimah affected by infrastructure works in Al Riffa and Al Jazeera Al Hamra areas will receive a two-year exemption on commercial licence fees.
H.H. Sheikh Mohammed: GITEX TechCation to lead global tech scene
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has directed that GITEX TechCation 2026 be developed into the world’s largest event in the field of technology and artificial intelligence.
Some Indian refiners to move away from Russian oil, sources say
Some Indian refiners are preparing to cut Russian oil imports, three sources told Reuters on Thursday, after US President Donald Trump said India had given an assurance it would stop its buying to help end the war in Ukraine.
Shutdown could cost US economy $15 billion a week, Treasury says
The two-week-old federal government shutdown may cost the US economy as much as $15 billion a week in lost output, a Treasury official said late on Wednesday.
7:00pm - 11:00pm
Officially the UAE's favourite DJ, Dany Neville makes sure you have the soundtrack you need every Saturday night.
The legendary Craig David joins The Kris Fade Show for an unforgettable chat!
Every weekend Kris Fade plays the biggest tracks in the Middle East. Check out this weeks chart...
The boys tried their 'pick up' lines on Mais Vault and things did not go according to plan...
From taking us down memory lane to a possible BAD BOYS 5 in Dubai?
