Sunday 1 May 2016
 
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Emaar Malls Q1 net profit rises 22pc

Dubai's Emaar Malls, a unit of Emaar Properties, reported a 22 per cent rise in first-quarter net profit on Tuesday as its rental income grew. Emaar Malls made a net profit of Dh529 million ($144.03 million) in the three months to March 31, up from Dh433 million in the same p

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InnJoo expands in GCC, enters Egypt market

InnJoo, a technical start-up and a smartphone vendor, is expanding its reach in the region with its next generation LTE smartphones and has recently entered the Egyptian market, said the company’s co-founder and CEO. “We are confident with new launches scheduled later

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Xerox Q1 revenue falls on lower printer sales

Xerox Corp reported a 4.2 percent fall in quarterly revenue, hurt by lower sales of printers and copiers, and said it expects to incur about $100 million in restructuring costs in the second quarter. The company's shares closed down about 13 percent at $9.68, their worst day

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Souq.com launches new sales campaign

Souq.com, a leading online retail and marketplace platform in the Middle East, has announced a new sales campaign marking the addition of 40 new fashion brands and 198,000 new products to its fashion portfolio. This launch is being celebrated with ‘30 days of Fashion’

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Al Meera to offer 1,437 products at cost price

Qatar-based Al Meera Consumer Goods Company (QSC) has announced its distinctive offers for the upcoming Ramadan season, which is based on selling 1,437 consumer goods at cost price, in honour of the Islamic Year 1437. The offer will be announced within days and will continue unti

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Acer unveils 2016 back-to-school product line

Acer, a leading IT products and services company, has unveiled its 2016 back-to-school product line and updated the progress from its new businesses division at the next@acer global press conference in New York. Acer announced the expansion across its high-octane Predator gaming

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