UAE online retail showing exponential growth
UAE. By 2020 experts predict that e-commerce sales in the GCC are expected to touch $41.5 billion, one of the highest growths across the...
Majid Al Futtaim boosts Egypt investments to over EGP22.5 billion
EGYPT. In a press conference held yesterday at the Egypt Economic Development Conference (EEDC), Majid Al Futtaim, the retail and leisure...
Saudi hardware retailer SACO to raise $134 mln from float - lead
RIYADH, April 16 (Reuters) - Saudi Company for Tools and Hardware ( SACO ), a popular DIY chain in the kingdom, has set the price for its...
Online shopping gains popularity: MasterCard
Top categories for online spending include airlines, travel and hotels, followed by shopping for home appliances and clothing. Dubai —...
Landmark to boost omni-channel presence
Looks to introduce reserve and collect, and buy online and fulfil from store Dubai: Landmark Group, a Dubai-based retail and hospitality...
Japanese robot receptionist welcomes shoppers to her upmarket shop
Clad in an elegant traditional kimono, ChihiraAico — a name that sounds similar to a regular Japanese woman’s name — breaks into a...
The Abraaj Group and TPG invest in leading Saudi restaurant group, Kudu
SAUDI ARABIA. The Abraaj Group (“Abraaj” or “the Group”), a leading investor operating in global growth markets, and TPG, a leading...
New luxury shoe label with striking tartan designs and unique personalisation launched by Dubai desi
UAE. A successful Dubai-based entrepreneur from Scotland has branched out into shoe design and is already taking the high-end fashion...
Burberry records sales growth driven by EMEIA, Americas markets
British luxury fashion brand Burberry’s retail revenues jumped by 13% to £1.06 billion in the six months to March 31, while total sales...
Souq.com said valued at $1b in fund-raising
Tiger-Backed online retailer says seeking $300 million for expansion London: Dubai-based online retailer Souq.com, backed by investors...
