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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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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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A gradual makeover for UAE’s retail sector
But mall owners need to realise they have hit the roof on further rent hikes Over the course of this year retailers have been...
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Nakheel signs Al Tayer brands to Al Khail Avenue mall in Dubai
Al Khail Avenue is being built on Al Khail Road on the eastern edge of Nakheel’s Jumeirah Village Triangle Community. Rendering...
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Nakheel continues push into Dubai retail with second Al Furjan mall
Nakheel’s aggressive push into Dubai’s retail market shows no sign of abating as it presses on with community malls, with another...