Tuesday 21 April 2015

Magic Planet opens second outlet in Bahrain

CBRE Group, a leading commercial real estate service and investment firm, has finalised an agreement with Majid Al Futtaim, a leading shopping mall, retail and leisure pioneer across the Middle East and North Africa (Mena), to open Magic Planet at Enma Mall in East Riffa, Bahrain. CBRE


Batelco showcases YotaPhone 2 at Bahrain Grand Prix

Bahrain Telecommunications Company (Batelco), the kingdom’s leading communications solutions provider, launched live demos for Yota Devices’ YotaPhone 2 for guests at the telecom firm’s lounge at the Gulf Air Bahrain Grand Prix. The device, exclusively available


Dubai’s Lals plans 10 Homes R Us stores in Saudi

Dubai-based Lals Group, a leading retailer that owns Lamcy Plaza, plans to open 10 Homes R Us stores, a one-stop-shop for home interiors, in Saudi Arabia, a report said. The group has been in discussions with Saudi and Qatari partners to bring its home furniture brand to the coun


Bahrain’s Dragon City fully leased, occupancy at 75pc

Diyar Al Muharraq's Dragon City wholesale and retail development expects to reach 90 per cent occupancy in the next few months, it was announced yesterday (April 19). The project is fully leased and occupancy rate has reached 75 per cent. The announcement follows the visit by


Sony unveils new Xperia smartphone

Sony Corp on Monday unveiled a new high-end Xperia handset featuring an aluminium frame and a 5.2-inch screen, showing it is still in the smartphone race even as it scales down its mobile operations. Sony said the Xperia Z4 would be available in Japan from the summer, though it d


Panasonic launches ultra-compact camera

Panasonic Marketing Middle East and Africa (PMMAF) has launched a unique wearable camera which is ultra-compact and enables shooting hands-free even over long periods while also recording in HD. Weighing just 45 grams, the HX-A1 sports a sturdy body, capable of keeping water and


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&#

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