Dubai’s Marka makes UK football acquisition, sets goal to reach profitability
Marka picked up a 65 per cent stake in Icons, a football memorabilia firm, for Dh15.3m. Alex Caparros / Getty Images Dubai’s Marka, a...
UPDATE 1-Dubai's Marka delays profitability to 2016, ramps up acquisitions
DUBAI, May 26 (Reuters) - Dubai's Marka , a retail start-up that listed on the emirate's bourse last year, expects to become profitable...
UAE’s mid-market retailers wrap themselves in luxury
Dubai: ‘Think luxury’ is what UAE mid-market retailers — at least quite a few of them — are rebuilding their strategies on to combat the...
Listed retail sector's Q1 profits up 6% to SR789.4m
RIYADH: Profits of the listed retail companies grew by 6.04 percent to SR789.4 million in the first quarter of the current year (2015)...
Egypt’s food industry finds new opportunities in Arab Gulf
The managing partner of Salé Sucré, a leading Egyptian patisserie, inaugurated Tuesday the first branch of the patisserie in Dubai, in an...
Reem Al Bawadi expects earnings to rise 25% annually in coming years
Dubai: Marka, a Dubai-based retailer which listed on the emirate’s bourse last year, expects earnings of Reem Al Bawadi, a restaurant...
Reem Al Bawadi restaurant chain acquisition to add Dh45m to Marka earnings
The purchase of the Reem Al Bawadi restaurant chain by Marka could add about Dh45 million in earnings to the Dubai-listed company. The...
UAE consumers among world's most confident in Q1, says Nielsen
Leading consumer electronics retailer also wins Customer Promotion of the Year Khobar, Saudi Arabia, 24th May 2015 eXtra (United...
UAE consumers among world's most confident in Q1, says Nielsen
Consumer confidence in the UAE was the highest among Middle East countries for the first quarter of 2015, according to the latest Nielsen...
Fashion retailer plans $54m expansion across Gulf region
UAE-based fashion retailer SANA has announced plans to expand its store network across the Gulf over the next five years. The retailer...
