Macro Finance
Spinneys Retail Traffic Up After Initial Iran War Hit
Bloomberg Markets·August 11, 2026·1 min read
Dubai-listed Spinneys reported second-quarter profit of 90.6 million AED, with revenue dipping slightly due to regional geopolitical tensions disrupting supply chains and store traffic. CEO Sunil Kumar said June footfall returned with double-digit growth, recovering from earlier weakness, in an interview with Bloomberg.
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