Thursday 24 April 2014
 
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retailer

Al Meera registers 29pc sales growth

Al Meera, a leading retail chain in Qatar, said it has achieved a 29.4 per cent growth in sales for 2013 which soared to QR1.94 billion ($532 million) from QR1.5 billion the previous year. Announcing the  results, Abdulla Bin

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Top Mideast retailers’ revenue grows 13.5pc

Middle Eastern retailers on the world’s largest 250 list reached a revenue growth of 13.5 per cent last year, said a report. The 2014 Global Powers of Retailing report from Deloitte, in conjunction with Stores Media, pointed

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Saudi retailer Alhokair Q2 profit up 11.8pc

Saudi Arabian retailer Fawaz Abdulaziz Alhokair posted an 11.8 percent rise in second-quarter net profit on Monday that fell short of analysts' forecasts despite increased sales from expansion of stores. The firm made a net pr

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Etisalat, NBAD in m-transactions tieup

Etisalat, the UAE's leading telecom operator, has joined hands with the National Bank of Abu Dhabi (NBAD) to offer mobile point of sale (mPoS) solutions to merchants in the UAE enabling quick and efficient process of card payments for all cu

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Toys 'R' Us in Saudi KAEC lease deal

Toys “R” Us has signed a development lease contract with King Abdullah Economic City (KAEC), one of the largest and economical projects run by the private sector in the Middle East, for a 35,017 sq m plot in the area.

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Indian tax on TV to impact UAE traders

Imposition of tax by the Indian government on the import of television sets is likely to impact electronics goods retailers in the short to medium term, said a senior executive. Before the tax imposition, it is estimated that near

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Indian tax on TV to impact UAE traders

Imposition of tax by the Indian government on the import of television sets is likely to impact electronics goods retailers in the short to medium term, said a senior executive. Before the tax imposition, it is estimated that near

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Nestle makes it to UAE Top 3 list

The UAE retailers continue to see the globally recognised brands of Unilever and P&G as the top suppliers in the region, with fellow multinational Nestlé joining them in a breakaway top three, said a new survey. The fin

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Arabian Oud opens new Riyadh outlet

Arabian Oud, a leading specialised perfume retailer and a major luxury fragrance house in the Middle East, recently opened a new branch in Riyadh. Featuring a new design concept, the new branch is poised to offer customers an idea

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Al Habtoor named top McLaren retailer

UAE-based Al Habtoor Motors has been declared the most successful McLaren retailer in the world for October with second best record sales of the McLaren 12C Coupe high-performance sports car during the month. Celebrating the landm

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