Sunday 4 December 2016
 
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Arabic-style jewellery to dazzle at Dubai expo

As the UAE buzzes with festive atmosphere following its 45th National Day celebration, prominent Dubai-based jewellers are preparing to showcase extraordinary collections paying tribute to Arabic culture and the country’s core values at Dubai International Jewellery Week. T

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Souq.com nets record sale at White Friday

Souq.com, a major online retail and marketplace platform in the Middle East, said this year's White Friday was a record-breaking milestone in the region's e-commerce sector with 1.2 million items sold between November 23 and 26 across the GCC and Egypt. More than 1,500 of

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Saudi group buys McDonald's Singapore, Malaysian franchise

Saudi Arabia's Lionhorn Private Limited has bought the franchise rights for all the McDonald's restaurants in Singapore and Malaysia as part of its global expansion strategy. Lionhorn, led by Sheikh Fahd and Abdulrahman Alireza, boasts more than 20 years of experience as

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HMD Global to offer Nokia branded phones

Finnish company HMD Global Oy will bring a new generation of mobile phones to consumers, with the first smartphone products set to be launched in the first half of 2017, alongside the existing Nokia branded feature phone business. The launch of HMD comes just six months after the

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UAE firm buys equity in Asian cuisine specialist

Dubai-based management consultancy UAE Business Solutions said it has acquired a major equity in Royal Kebab Restaurant, an Asian cuisine specialist, to support its F&B (food and beverages) expansion strategy. The first acquisition for the company, the asset is a strategic mo

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AFGRE to operate $1.78bn Doha Festival City

Qatar-based Bawabat Al Shamal Real Estate Company (Basrec) has signed up Al Futtaim Group Real Estate as the manager and operator of its ambitious QR6.5-billion ($1.78 billion) Doha Festival City. Set to open its doors in February next year, Doha Festival City celebrates the best

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Samsung considering plans to split: report

South Korea-based Samsung Electronics will consider splitting itself into two as proposed by activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source. Samsung’s board of directors would hold a meeting on Tuesday and formally r

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Souq.com White Friday sale doubles

Souq.com, the largest online retail and marketplace platform in the Middle East, has announced that its White Friday this year doubled sales compared to last year with 1.2 million items sold between November 23 and 26 November across the GCC and Egypt. Souq.com also saw five time

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YNAP, Alabbar form new online luxury retail JV

Yoox Net-A-Porter Group (YNAP), a leading global online luxury fashion retailer, has announced a joint venture with Symphony Investments, an entity controlled by Mohamed Alabbar, to create a new online luxury retail business in the Middle East. The partnership will see Mohamed Al

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Stay safe online with nine simple security steps

Cybercrime is on the rise today as more and more criminals are exploiting the speed, convenience and anonymity of the internet. And with the holidays nearing, cybercriminals usually target their victims using phishing emails scams that look like special offers. James Lyne, global

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