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Saudi Arabia to allow full foreign ownership in retail
RIYADH: Saudi Arabia will ease restrictions on foreign investors to let them own 100 per cent of retail and wholesale businesses, the...
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Saudi Arabia to get cinemas
Contrary to popular belief, cinemas are not banned in Saudi Arabia, according to a cultural official. The only reason movies were not...
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Abu Dhabi can’t get enough of new mall space
With no room to spare at existing malls, developers get cracking with new ones A graphic artist’s impression shows the Al Maryah Central...
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Dubai gets a furniture-only mall
Lals Group opens two-storey facility on Oud Metha Dubai: Dubai now has a ‘mall’ exclusively given over to furniture. The Lals Group has...
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Nakheel inks retail deal with Al Tayer Group
Ebitda stable at Dh1.8 billion Dubai: Majid Al Futtaim (MAF), a Dubai-based retail and hospitality conglomerate, posted a 7 per cent...
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MAF revenue up 7 per cent in first half 2015
Ebitda stable at Dh1.8 billion Dubai: Majid Al Futtaim (MAF), a Dubai-based retail and hospitality conglomerate, posted a 7 per cent...
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Apple’s iPad sales down but other segments grow
Apple makes most of its money from the iPhone, but the tech giant disclosed results for other product segments on Tuesday. Here’s a...
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Sephora pop up stores to open at Abu Dhabi International
Dubai: Abu Dhabi Duty Free is opening Sephora pop up stores, according to a statement on Sunday. The stores will be open at Abu Dhabi...
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Dubai Duty Free to reap DSS rewards as travellers increase
The DDF shops have been witnessing increasing sales across all product categories with the increasing spending largely due to GCC and...
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Mega freehold project set to reshape Sharjah landscape
The first phase of Sharjah Waterfront City will include 200 towers for residential and commercial purposes, 95 apartment buildings,...