Saturday 18 April 2015

Qatar's Aamal, German group in retail JV

Qatar-based Aamal Company, one of the GCC’s fastest growing diversified companies, said it has joined hands with German retail mall and shopping centre operator ECE Projektmanagement to expand its retail centre management business. Focused on sustained, profitable growth an


Microsoft unveils touch-friendly Office apps

Microsoft Corp on Friday unveiled a long-awaited suite of touch-friendly Office apps that allow Windows phone users to work on Word, PowerPoint and Excel documents on their phones with touch commands and to transfer them easily between devices. Test versions of what Microsoft is


Saudi hardware retailer to raise $134m from float

Saudi Company for Tools and Hardware (Saco), a popular do-it-yourself (DIY) chain in the kingdom, has set the price for its 30 per cent initial share sale at SR70 ($18.70) each, a statement from the company's financial adviser said on Thursday. The price, which was set follow


'Extremely rare' pink diamond set for auction

Sotheby's auction house has said it will auction off an extremely rare and historically important pink diamond and an equally exceptional Burmese ruby next month, hoping to get up to $18 million for each. The Historic Pink Diamond, believed to have once belonged to Napoleon&#


Huawei launches the new P8 smartphone

Huawei Consumer Business Group has unveiled the Huawei P8 smartphone - a perfect blend of technology, sleek styling, usability and low light camera features - at the legendary Old Billingsgate, London’s renowned arts and fashion venue. The Huawei P8 is the culmination of th


Jeddah’s new mall to feature top luxury brands

The Boulevard, Jeddah’s soon-to-open destination for luxury shopping, has unveiled the names of ten more of the world’s most prestigious brands which will have a presence at the mall. The ten luxury brands include five of the leading French and Italian fashion houses;


Henkel, Revlon, Coty eye P&G beauty brands

Personal care and cosmetics companies Henkel & Co KGaA AG, Revlon Inc and Coty Inc are preparing bids for parts of Procter & Gamble Co's beauty business, according to sources. The three companies are working with investment banks ahead of a first-round bid deadline se


Al Hawaj launches new perfume collection in Bahrain

A new perfume collection has been launched by Al Hawaj Group at the Four Seasons Hotel Bahrain Bay in Bahrain. The Mercedes-Benz VIP Club Collection launch was held in advance of the Bahrain Grand Prix under the patronage of German Ambassador Sabine Taufmann, said a report in the


Lulu Mall Fujairah hosts talent show

More than 500 budding singers, dancers and actors will showcase their talent at the first ever UAE talent hunt show at Lulu Mall Fujairah, UAE. The event which began on April 12 will run until May 8. The talent hunt opened with the dance segment being judged by UAE


Aswaaq launches new community mall in Dubai

Aswaaq, a chain of small shopping centres in Dubai, has launched its brand-new retail chain at the Al Badaa Community. The new branch is set to be an amalgamation of an authentic, traditional and an open-street market, said a statement. The community mall spans acr

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