Sunday 26 June 2016

Canon launches new 2MP cameras at IFSEC 2016

Canon, a world leader in imaging solutions, has announced the launch of eight new 2MP network cameras unveiled at IFSEC 2016. The new range includes an outdoor 360-degree endless panning model with 30x optical zoom and fast autofocus, and two new fixed box “bullet” mo


Joyalukkas opens outlet in Malaysia

Globally renowned jewellery retail chain Joyalukkas has opened its second showroom in Malaysia, reported the Gulf Daily News, our sister publication. To read further, please visit GDNonl


Dubai retailers gear up for solid Ramadan sales

Despite slower growth projections for the first half, retailers across Dubai are witnessing steady spend during Ramadan, primarily driven by residents and international visitors, including those from across the GCC proximity markets. Overall, close to 1 million international visi


Lulu opens new hypermarket in Malaysia

UAE-based retail major Lulu Group has opened its first hypermarket in Kuala Lumpur, Malaysia, as part of its plans to further consolidate its retail presence in the Far Eastern region. The 250,000 sq ft hypermarket was inaugurated by the Malaysian Prime Minister Datuk Sri Najib T


Gold races to 2-year high as investors seek refuge from Brexit

Gold soared as much as 8 per cent to its highest in more than two years on Friday after Britain delivered a shock vote to leave the European Union, leaving investors to scurry for protection in the precious metal and other assets perceived as less risky. In sterling terms, gold d


BlackBerry reports Q1 revenue slump

BlackBerry posted a bigger-than-expected fall in first-quarter revenue on Thursday, but forecast full- year results above market expectations. Its shares were up slightly at $6.79 in premarket trade as it said it expected to post an adjusted annual loss of around 15 cents, smalle


UAE’s Four launches spyware-safe smartphone

UAE-born mobile brand Four has launched its latest offering, the K500 smartphone, which is specifically designed to guard against spyware risk by completely removing the camera and GPS. “There is a very real concern that your mobile phone could be hijacked by malware, photo


Sahara Centre gives away cars, makeover and shopping spree

Sharjah-based retail mall Sahara Centre recently announced the winner of a makeover and shopping spree with beauty expert Joelle worth Dh40,000 ($10,900), with the prize awarded to lucky recipient Russian national Zarina Alieva. Alieva was driven by limousine to Maison de Joelle and Cl


Majid Al Futtaim in key women empowerment drive

Majid Al Futtaim, the leading shopping mall and leisure pioneer across Mena, is encouraging regional talents to join its team by demonstrating skill development opportunities and the empowerment of female executives. Majid Al Futtaim’s human resources department highlights


Adeptio mulls $1.65bn loan to fund Americana acquisition

Gulf-based Adeptio is in advanced talks with banks to secure a $1.65 billion bridge loan to fund its purchase of a majority stake in Kuwait Food Company (Americana), banking sources told Reuters on Wednesday. Discussions with the lenders were at an advanced stage, with the deal e

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