Saturday 6 February 2016
 
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retail

Oman to start work on new township by year-end

The Oman government is set to start work on the country's first integrated residential complex by the end of this year, said a report. The estimated billion-dollar venture, which will feature a mix of retail, leisure, commerci

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BisB secures best retail bank award

Bahrain Islamic Bank (BisB) has won the Best Islamic Retail Bank in Bahrain 2015 award given by London-based International Finance Magazine. The bank’s win for the second year in a row is “a recognition of the progress of its busin

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Saudi consumer spending growth 'slowing'

Growth in Saudi Arabia's consumer spending is slowing as low oil prices hit households' disposable income and geopolitical tensions make shoppers more cautious, the chairman of one of the kingdom's top retailing chains said.

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Saudi consumer spending growth 'slowing'

Growth in Saudi Arabia's consumer spending is slowing as low oil prices hit households' disposable income and geopolitical tensions make shoppers more cautious, the chairman of one of the kingdom's top retailing chains said.

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Retail boom powering Bahrain property market

As GCC markets are forecasted to face prolonged economic challenges over the coming months, Bahrain looks set to be cushioned from the blow by continued infrastructure investment from the GCC aid fund, said a report. Despite negat

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Majid Al Futtaim launches $509m Cairo retail project

UAE-based shopping mall developer Majid Al Futtaim has announced plans to develop a third city centre project in Egypt at an investment of over E£4 billion ($509 million). A leading shopping mall, retail and leisure pioneer across

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Majid Al Futtaim launches $509m Cairo retail project

UAE-based shopping mall developer Majid Al Futtaim has announced plans to develop a third city centre project in Egypt at an investment of over E£4 billion ($509 million). A leading shopping mall, retail and leisure pioneer across

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Dubai Duty Free world No 1 again

Dubai Duty Free (DDF) is now ranked as the No.1 single airport retail operation in the world based on its 2015 sales figures of $1.888 billion, according to The Moodie Report, a leading travel retail publication. The announcement

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Dubai Duty Free world No 1 again

Dubai Duty Free (DDF) is now ranked as the No.1 single airport retail operation in the world based on its 2015 sales figures of $1.888 billion, according to The Moodie Report, a leading travel retail publication. The announcement

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GCC retail market ‘to top $284bn’

While UAE is ranked as the eighth most attractive market globally for retailers, GCC retail sales are expected to reach $284.5 billion, said an industry expert, citing market reports. The retail market in the region is driven by a

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