Saturday 21 January 2017
 
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Abraaj Group acquires majority stake in Chile firm

The Abraaj Group, a UAE-headquartered investor operating in growth markets, has acquired through its funds a majority stake in Casaideas, a leading home design and home decorations business with growing market presence in Chile, Peru and Bolivia. The transaction represents the fi

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106 vendors join Dubai's Market Outside The Box

A record 106 vendors will participate in the 10-day Market Outside The Box (Market OTB), a grassroots retail movement, whihc opened in Dubai today (January 19). It is one of the greatest sources of inspiration during the Dubai Shopping Festival (DSF) for shoppers from around the

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Smart Stores Expo to showcase top-notch solutions

Smart Stores Expo 2017, the first of its kind event focusing on the latest trends in retail design, will offer a wide range of solutions including architecture, design, audio visual equipment, retail logistics & store simulations when it opens in Abu Dhabi, UAE next week. The

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Doha Festival City in 'final phase of development'

Doha Festival City, the largest entertainment and retail development in the Gulf which is estimated to cost QR6.5 billion ($1.78 billion), has entered into its final phase of development and is set to open its doors to the public in March, said a report.   The giant mixed-us

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Retailers ‘slow to embrace digital transformation’

Retailers around the world are moving too slowly when it comes to digital transformation and may not be investing in the right places, a report said, adding that the recent closing of big box stores is just the beginning. “The shakeup caused by digital disruption is already

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Damas Jewellery launches new 'Farfasha' range

Damas Jewellery, a leading jewellery and watch retailer in the Middle East, has collaborated with this year’s Dubai Shopping Festival to bring back the ‘Face of Farfasha’ – singer Nancy Ajram – who launched a new line of the popular collection. Durin

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India’s Malabar Gold plans $91m expansion

India-based Malabar Gold & Diamonds, one of the world's largest gold and diamond jewellery retailers, plans to invest Dh335 million ($91.28 million) in expansion of its global retail network including 17 new stores in the GCC. The plan will see an addition of 24 stores in

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Bahrain Duty Free launches premium watches boutique

Bahrain Duty Free has unveiled the latest addition to its upgraded departures retail outlet at Bahrain International Airport, with the opening of a dedicated premium watches boutique. The 64-sq-m space, which enjoys a prominent location on the main passenger promenade, is home to an ex

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Majid Al Futtaim unveils Ajman mall revamp plan

Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa (Mena) region, has announced a comprehensive redevelopment plan for City Centre Ajman that will see the mall almost double in size, from 29,000 to 52,000 sqm, - and the number of car

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Fragrance Kitchen to open store at Doha Festival City

Dubai-based Al Tayer Group, a diversified regional business, will open its flagship store The Fragrance Kitchen at Doha Festival City in Qatar. The Kuwait-based fragrance house will debut its first store in the country after it launched the brand at Qatar Duty Free, Hamad Interna

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