Top Italian beauty brand Korff Milano enters UAE

Top Italian beauty brand Korff Milano enters UAE UAE Business • • • • Korff Milano, a leading Italian company known for its upmarket beauty solutions in the pharmaceutical industry, has announced its foray into the UAE market in partnership with BinSina Pharmacies. The premier European make-up brand marked its UAE debut with an exclusive... Continue Reading →

Dubai launches world’s first floating drive-thru

Revealed: Dubai launches world's first floating drive-thru Aqua Pod allows sea-goers to enjoy food and beverages as they would from a traditional food truck Dubai has revealed the Aqua Pod concept, the world's first sustainable floating drive-thru, serving a range of burgers. Sea-goers will be able to satisfy their hunger while at sea and pull... Continue Reading →

Apple to open first Saudi stores

US giant Apple said to be in talks to open first Saudi stores Tech major is reportedly in licensing talks with Riyadh; first Apple store could open in 2019 US tech giant Apple is reportedly in licensing talks with Saudi Arabia with a view to open its first stores in the Gulf kingdom. The maker... Continue Reading →

Souq.com launches Amazon Global Store

New store brings over one million global products to the UAE E-commerce giant Souq.com has launched Amazon Global Store, which allows customers in the UAE to choose from over one million products from US-based Amazon.com, in Arabic or English, and pay in AED. Several payment methods including cash on delivery is available, while product categories... Continue Reading →

Azadea to open 11 new stores at $1.2bn UAE mall

Premier lifestyle retail company Azadea Group has joined hands with Kuwait-based Al Farwaniya Property Developments to open 11 new stores at the $1.2-billion Reem Mall, Abu Dhabi’s new entertainment, dining and shopping destination, located on Reem Island. Al Farwaniya Property Developments is a joint venture between Agility, Agility-affiliate United Projects for Aviation Services Company (UPAC),... Continue Reading →

SOUQ.com to purchase Wing.ae marketplace for merchants and couriers in the UAE

SOUQ.com today announced it has entered into a definitive agreement to purchase Wing.ae, a marketplace for merchants and couriers in the UAE, providing innovative mobile and web-based user-friendly delivery solutions for businesses and individual consumers. SOUQ.com previously invested in Wing.ae and will be acquiring 100% of the company. Wing.ae now has the full backing of... Continue Reading →

Emaar Launches New Retail Haven In Dubai Hills

In collaboration with Meraas, Emaar Properties has unveiled Dubai Hills Mall project, a family retail district within master development Dubai Hills Estate, slated to elevate the emirate’s retail offering upon completion in 2019.The highly-anticipated destination will boast over 18.75ha of gross leasable area accommodating some 750 fashion and dining outlets.Complementing the lifestyle landmarks of the... Continue Reading →

Dubai prepares for three-day shopping bonanza

Dubai retailers are gearing up for a three-day ‘Super Sale’ in the emirate starting Thursday May 18. More than 750 retailers across the emirate – more than 250 brands – will slash prices, knocking between 30 percent and 90 percent off products. Some of the brands offering discounts include Guess, Steve Madden, Kurt Geiger, Roberto... Continue Reading →

(Pics)Apple’s Incredible New Retail Store in Dubai

Boasting unobstructed views of the world’s tallest skyscraper, the Burj Khalifa, via a 180-foot wide, artistically designed carbon fiber array of motorized windows, Apple’s latest upscale retail store will be opening tomorrow, April 27th, 2017, at the swanky Dubai Mall in the United Arab Emirates. Designed in collaborating with Foster + Partners — the same... Continue Reading →

Power cut plunges Dubai Mall into darkness

Dubai Mall, one of the world's biggest shopping centres, was plunged into darkness on Monday evening after experiencing a power cut for nearly two hours. According to photos posted on social media, hundreds of shoppers were forced to wander the mall in the dark. Lights went out and escalators stopped working at about 7.15pm local... Continue Reading →

Kuwait’s Kamco buys Amazon’s UK warehouse

Kuwait-based Kamco Investment Company on Sunday said it has purchased Amazon UK’s largest distribution warehouse for $77 million (AED281m). The warehouse in Dunfermline, Scotland, has been leased to Amazon UK Services until October 2031. Amazon employs 2,100 staff at the warehouse, which handles 38 percent of the 143 million packages that e-retailer handles per annum.... Continue Reading →

World Retail Congress opens in Dubai

The World Retail Congress (WRC) begins on Tuesday in Dubai amid weak consumer demand, caused by a strong dollar and job concerns. Brick-and-mortar retail has also suffered as ecommerce begins to grow in popularity across the region. The 11th edition of the event, being held at the Madinat Jumeirah from April 4 to April 8... Continue Reading →

Emaar Malls reports strong growth in 2016

Emaar Malls reports strong growth in 2016 Emaar Malls reported a growth in fourth-quarter (October to December 2016) net profit by four per cent to AED 452 million ($123 million), compared to the Q4 2015 net profit of AED 435 million ($118 million). Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by... Continue Reading →

Amazon said to consider acquiring Dubai-based online retailer for $1bn#Economy Souq.com is known as 'Amazon of the Middle East' Amazon does not have big foothold in Middle East (Reuters) MEE and agencies's picture MEE and agencies Saturday 26 November 2016 03:14 UTC Last update: Saturday 26 November 2016 9:20 UTC  13 12googleplus0 27 Topics: Economy... Continue Reading →

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