Monday 19 April 2021

Global connected retail market to reach $82.31bn in 2025

The value of the global connected retail market is estimated to reach $82.31 billion by the end of 2025, according to a report by Transparency Market Research (TMR).   Nearly 150 million people shopped online for the first time in the pandemic, and the number of


Edamah Property welcomes talabat Mart to Reef Mall

Edamah Property Management Company (EPMC) has formalised the establishment of the first under 30-minute delivery grocery concept in the region, ‘talabat Mart’ as a key tenant of Reef Mall in Malkiya, a community centre serving the Southern Governorate, including Hamad Town, Sadad,


Abu Dhabi Winter Shopping Season shows 17pc growth

Record sales figures of AED2.4 billion ($650 million) were achieved on Visa cards in participating stores alone during the recent Abu Dhabi Winter Shopping Season.    Alongside global partner, Visa, it is reported that total transactions using Visa cards du


eCommerce a Covid lifeline for retailers

As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online.    According to Mastercard’s latest Recovery Insights report, this amounted to an additional $900 billion being spent in


Redtag partners with Samsung for Ramadan raffle

Redtag, the region’s favourite homegrown value fashion and homeware brand, has partnered with Samsung to launch a special Ramadan bonanza raffle, to wow and delight its customers over the festive month. Redtag is offering customers across the GCC the chance to win around 60


UnionPay and Network International support UAE merchants

UnionPay International (UPI), a leading global payment services provider, in cooperation with Network International, the leading enabler of digital commerce, is accelerating the UAE rollout of its QR code scanning-based payment solution.   Over 10,000 merchants


Kamal Osman JamJoom group acquires Body Shop Stores

Kamal Osman Jamjoom Group LLC (KOJ), announced that it has acquired The Body Shop Stores (UAE), the exclusive distributors of The Body Shop and operators of The Body Shop retail stores within the UAE.    The acquisition will allow KOJ to extend its successf


Lulu Group Chairman safe after helicopter force-landing

A helicopter carrying UAE-based Lulu Group Chairman M A Yusuff Ali and six others force-landed in the southern Indian state of Kerala, local reports said. Yussuff Ali and others in the helicopter suffered minor injuries and are undergoing treatment at a private hospital in Kochi.


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