Thursday 21 August 2014
 
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Damas

Damas aims to become a global brand

Damas, a leading jewellery and watch retailer in the Middle East, has announced a new vision to propel the company  into a leading international jewellery brand. For the past two years, Damas leadership closely reviewed the c

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Givori launches customised iPhone

Luxury smart phone accessorizer Givori today launched its Charlotte Spring/Summer 2013 Collection comprising an iPhone5 (64GB). The  customised iPhone5 comes with 19 karat rose gold coloured Mississippiensis alligator skin, d

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Damas launches new Diwali offers

Leading regional jewellery retailer, Damas, has launched its biggest Diwali festival, unveiling more than 40 specially-crafted jewellery designs, and a campaign starring its new brand ambassador, Bollywood starlet Esha Gupta. To c

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Bollywood stars visit Damas store

Bollywood superstars Abhishek Bachchan and Ajay Devgn along with their Bol Bachchan co-stars, Asin Thottumkal and Pratchi Desai, visited the Damas store in Oasis Centre, Dubai, as part of a promotional tour for their upcoming film. The fou

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Damas opens new store in KidZania

Damas, a leading jewellery and watch retailer, has officially opened its store in KidZania at The Dubai Mall. The store, which stocks replicas of Damas’ popular jewellery for children, is designed to give children practical experience in c

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Damas to host biggest 'vault sale’

Damas, a leading international jewellery and watch retailer in the region, has announced its biggest ever sale starting from May 31 to June 9 at its main vault in Dubai Multi Commodities Centre (DMCC). The end of season sale offers between

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Mannai, EFG Hermes take control of Damas

Qatar's Mannai Corp and Egyptian investment bank EFG Hermes have taken control of Dubai's Damas after their consortium's $445 million offer was accepted by more than 75 per cent of the jeweller's shareholders. The bidders h

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Mannai-led group agrees takeover of Damas

Qatari conglomerate Mannai Corp and Egyptian investment bank EFG Hermes have agreed a $0.45 per share recommended cash bid for Dubai jeweller Damas. In a joint statement, Mannai and EFG Hermes said irrevocable undertakings had been secured

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Damas hires Nomura on potential offer

UAE jeweller Damas International has appointed Japan's Nomura to advise it on a potential offer from Qatari conglomerate Mannai Corp, three sources familiar with the matter said on Wednesday. Mannai, whose operations span the oil and

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Damas, Tiffany & Company sign MoU

Damas recently signed a memorandum of understanding (MoU) to establish a joint venture with Tiffany & Company; to operate the latter’s retail stores in the UAE.  The proposed joint venture will be governed by a board of directors

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