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US retail sales rise over car purchasesUS retail sales rose more than expected in May and first-time applications for jobless benefits fell last week, showing signs of resilience in the economy despite belt-tightening in Washington. "There is an emerging positive More… |
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DSS names apprenticeship program winnersThe Dubai Festivals and Retail Establishment (DFRE) has announced the names of the 14 talented students from across the Mena region who have been selected for the Dubai Summer Surprises (DSS) apprenticeship program. DFRE is an ent More… |
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Durrat Marina launches new retail projectBahrain-based Durrat Marina, a major mixed-use development, is all set to launch its first stage of a retail development that will run alongside its marina project, spanning 200 meters in length. This achievement comes after the c More… |
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Durrat Marina launches new retail projectBahrain-based Durrat Marina, a major mixed-use development, is all set to launch its first stage of a retail development that will run alongside its marina project, spanning 200 meters in length. This achievement comes after the c More… |
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Shoppers 'spent $3.34bn last DSS'Dubai Summer Surprises, the most popular summer event in the Mena region, attracted a record 4.36 million shoppers who spent Dh12.3 billion ($3.34 billion) during the 32-days extravaganza, said a report. From 3.95 million in 2011, More… |
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Bahrain group launches new retail projectBahrain Real Estate Investment (Edamah), a wholly-owned subsidiary of Bahrain Mumtalakat Holding Company, has launched a new BD2 million ($5.2 million) retail development project which will house more than 70 retail and food and beverage outlets More… |
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Bahrain group launches new retail projectBahrain Real Estate Investment (Edamah), a wholly-owned subsidiary of Bahrain Mumtalakat Holding Company, has launched a new BD2 million ($5.2 million) retail development project which will house more than 70 retail and food and beverage outlets More… |
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Dubai retailer MAF mulls $1bn investmentsUAE's Majid Al Futtaim Holding (MAF) - sole franchise of hypermarket chain Carrefour in the Gulf - said it foresaw capital investments of up to $1 billion this year as it steadily expanded its foothold in the region. This did More… |
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Saudi retailer Alhokair net up 39pcSaudi fashion retail giant Fawaz Abdulaziz Alhokair Company has registered a SR619.69 million ($165 million) net profit for the first quarter, up 38.5 per cent compared to SR447.38 million last year. Alhokair, which specialises in cloth More… |
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Ithmaar swings to $1.4m Q1 profitBahrain-based Ithmaar Bank said it has returned to the black with a net profit of BD540,000 ($1.4 million) for the first quarter compared to a loss of BD170,000 in the same period last year. The Islamic lender pointed out that its More… |
