Alabbar, Saudi sovereign wealth fund to launch $1bn e-commerce platform

Mohamed Alabbar and Saudi Arabia's Public Investment Fund (PIF) are teaming up to launch a Middle Eastern e-commerce platform, the Dubai-based billionaire announced on Sunday. At the media launch at Dubai Opera, Alabbar described the new e-commerce venture - Noon.com - as “game changing". "We're turning the e-commerce environment in Middle East upside down," he... Continue Reading →

Business as normal for Marks & Spencer in Gulf, despite cuts elsewhere

Marks & Spencer (M&S)’s department stores in the Gulf will be unaffected by the British retail giant’s decision to close down more than 80 shops in the UK and around the world. The company announced on Tuesday that it would shut 30 outlets in the UK, and 53 overseas, including most of its fully owned... Continue Reading →

SPAR International expands into Albania

SPAR has opened its first food stores in Albania through a partnership with Balfin Group. The two hypermarkets in Tirana East Gate and in the QTU shopping centre span 7,200 and 3,800 square metres respectively. Balfin Group is the largest private company operating in Albania. The company entered into food retail in 2005 with the... Continue Reading →

Costa Coffee UAE digitises its menu boards

Costa Coffee's franchise partner in the Middle East has invested in digital menu screens as it looks to improve the customer experience in the company's Dubai stores. Over 50 Costa Coffee shops in Dubai are in the process of being refreshed with digital signage installations, as the global chain looks to update the experience it... Continue Reading →

Axiom launches new concept store in Abu Dhabi

Axiom telecom, the UAE’s largest mobility retailer, has brought its ‘experiential shopping’ to Abu Dhabi with the first-of-its-kind retail concept in the emirate. The launch of axiom’s innovative shopping concept in Abu Dhabi Mall marks the retailer’s third store renovation in the UAE after Dubai Festival City and The Dubai Mall. It is also the... Continue Reading →

Holding unveils $272m waterfront development

Dubai Holding, a leading investment holding company, has announced the launch of its new waterfront destination, 'Marasi Business Bay,' to be developed along the creek within Business Bay destination at an estimated cost of Dh1 billion ($272 million).   A breakthrough master-planned development, 'Marasi Business Bay embraces the longest promenade spanning 12 km, the UAE’s... Continue Reading →

World’s first Warner Bros. Hotel to open in Abu Dhabi within US$1 billion themed park May 7, 2016 Miral, the asset management company responsible for the development and management of Yas Island, and Warner Bros. have officially announced that a Warner Bros. themed destination is set to open in Abu Dhabi. Situated on Yas Island,... Continue Reading →

Harrods opens temporary outlet in Doha

London luxury department store Harrods has opened a temporary store in Doha for the Christmas period. The iconic store, which is owned by Qatar Investment Authority (QIA), opened a 6,500 square metre branch at Katara Cultural Village at the weekend. For the first week, the store is only open to VIP visitors, after which the... Continue Reading →

Danube opens flagship store in Dubai

Danube Home, the one-stop retail destination for complete home solutions, has opened its first bespoke store in Dubai, UAE, on Sheikh Zayed Road. The grand opening ceremony on January 16 was attended by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth, and Social Development of the UAE; Bollywood actress Shilpa Shetty; and Rizwan... Continue Reading →

Rooftop park coming to Dubai Canal

More than 900 hotel rooms and 5,000 residential units to be built on the two banks of canal Dubai: During his inspection of the Dubai Canal project on Saturday, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, was briefed by Saeed Humaid Al Tayer,... Continue Reading →

Harrods opens temporary outlet in Doha

London luxury department store Harrods has opened a temporary store in Doha for the Christmas period. The iconic store, which is owned by Qatar Investment Authority (QIA), opened a 6,500 square metre branch at Katara Cultural Village at the weekend. For the first week, the store is only open to VIP visitors, after which the... Continue Reading →

Alshaya Named Best Multi-Brand Franchise Operator in Middle East and North Africa

MENAFA award recognises Alshaya’s leadership in bringing international retail brands to the region United Arab Emirates, 22 October 2015: International retail franchise operator M.H. Alshaya Co. has been named Best Multi-Brand Franchise Operator in the Middle East and North Africa by the Middle East and North Africa Franchise Association (MENAFA). Alshaya received the award this... Continue Reading →

Mall of Qatar Signs Mega Deal With Alshaya

Alshaya to bring over 30 global lifestyle and hospitality brands to Mall of Qatar to occupy around 18,000 sq. m DOHA, Qatar, October 4, 2015 /PRNewswire/ Qatar's largest leisure, entertainment and shopping complex, Mall of Qatar has signed a leasing agreement with M.H. Alshaya Co., one of the world's leading retail franchise operators to open... Continue Reading →

Launch of Dubai Apple Store delayed

Apple on Tuesday posted 14 fresh jobs on its official website for retail operations in the UAE. The first Apple Store in the Middle East at Dubai's Mall of the Emirates has been delayed for a month or two, sources told Khaleej Times. The flagship store was supposed to open on September 28 along with... Continue Reading →

Mall of the Emirates expansion unveiled

The expansion of Mall of the Emirates has revealed an entirely new floor as part of Majid Al Futtaim’s Dhs1 billion investment. The scheme has added 36,000sqm of retail, dining and entertainment at the mall in Dubai. Two new domes, three glass barrel roof lights, nine new bridges and three escalators have been added to... Continue Reading →

Old Navy opens it first store in UAE

Gap Inc’s largest brand to open in Dubai in November Dubai: American apparel brand Old Navy said on Sunday it is opening its first store in the UAE in November this year, at the Dubai Festival City. This is the fifth franchise market expansion for Old Navy. In March 2014, it opened its first franchise-operated... Continue Reading →

UAE retail chain LuLu expands into Indonesia, plans 15 outlets Home / Abu Dhabi / Asia-pacific / Industry / Retail The group plans to invest $300m in the first phase of expansion By Aarti Nagraj 16 hours ago Abu Dhabi-based retailer LuLu Group has announced plans to expand across Indonesia and will open its first... Continue Reading →

Apple Store Opening In Dubai Delayed

The highly anticipated Apple Inc. (NASDAQ:AAPL) retail store opening in Dubai was delayed and may not open until October or even later. The store, which would have been a first for the United Arab Emirates, is set to be located inside the Mall of Emirates. Everything else involving the upcoming store opening remains unchanged. It... Continue Reading →

10 Dubai projects to watch out for

10 Dubai projects to watch out for These mixed-use developments in Dubai boast several superlatives and are set to transform the city's skyline,l Dubai never ceases to amaze you. With several iconic buildings such as the Burj Al Arab, the Palm Jumeirah and Burj Khalifa, the city is an epitome of architectural largesse. In the... Continue Reading →

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