Wednesday 25 May 2016

Mall of Qatar in deal to open 15 high-end stores

Mall of Qatar has signed an agreement with Doha-based Abu Issa Holding, a leading business conglomerate, to open 15 high-end stores and global fashion brands in the mall. As per the deal, Abu Issa Holding will focus on bringing luxury fashion, watches, jewellery, perfumes, cosmet


Fitbit bands could double up as mobile wallets

Fitbit users could soon make payments with a flick of the wrist, as the maker of the simple yet hugely popular fitness bands races to pack in more features in its products. Fitbit Inc said on Wednesday it bought wearable payment technology assets from Silicon Valley startup Coin,


Emirates NBD gives away Bentley during promotion

Emirates NBD, one of the leading banks in the region, recently gave away the grand prize, a Bentley Mulsanne, along with five Breitling GMT and 125 Breitling Colt watches to the winners of its mega customer promotion. The promotion was aimed at encouraging a savings habit among custome


Citizen unveils new Eco Drive Chronograph

Japanese watch-maker Citizen has unveiled its latest offering – the new Eco Drive Chronograph. The timepiece is made for men and is part of Citizen’s Signature Collection. The watch features a gold-plated bezel and a black dial, as well as a brown strap made from calf leath


Nakheel opens Ibn Battuta Mall extension

Leading developer Nakheel has officially opened a 300,000-sq-ft extension at Ibn Battuta Mall in Dubai, UAE marking the completion of the first phase of a huge expansion at the world’s largest themed retail complex. Opened by chairman Ali Rashid Lootah, the extension adds 6


‘Retailers striving to assess tech spend returns’

While technology is the number one retail investment today, two-thirds of retailers struggle to measure return on technology investments, a report said. While many retailers are focused on technology investments and omnichannel integrations, store associates are often overlooked


IKEA opens massive distribution centre in Dubai South

IKEA Group, a global leader in well-designed ready-to-assemble furniture and home accessories, has opened its first distribution centre in the Middle East in Dubai, UAE, to support the brand’s ambitious plans to expand across the region. Located in Dubai South, the new unit


Mideast 'offers big market for consumer goods'

Middle East offers good opportunities for consumer goods, with residential water purifiers, electronics accessories, and OLED & LED displays witnessing strong demand, a report said. Middle East remains a lucrative market for businesses that are willing to invest time and reso

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