Egypt's MNHD approves joint mall project with Saudi's Fawaz Alhokair
DUBAI, May 26 (Reuters) - The board of Egypt's Medinet Nasr for Housing and Development ( MNHD ) has approved an offer from a unit of...
Saudi's Alhokair plans to build Egypt shopping mall
Saudi-nased Alhokair franchises brands such as Zara and Marks and Spencer in the kingdom. The board of Egypt's Medinet Nasr for Housing...
Nakheel confirms leasing of 100 outlets at The Pointe
Dubai-based developer Nakheel has confirmed nearly 100 F&B and retail outlets at The Pointe; it’s new 1.4 million sqft waterfront retail,...
GUESS opens new white concept store in Mall of the Emirates
GUESS opens its new white concept store in Mall of the Emirates , Dubai to debut brand new interiors and latest collection. The store's...
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...
