Tuesday 27 February 2024

KSA defies EMEA ‘consumer spending reduction trend’ in 2024

While economic uncertainties persist globally, consumer spending in the Kingdom of Saudi Arabia (KSA) is expected to remain steady in 2024. This is in contrast to broader EMEA trend forecast where 37% of consumers plan to spend less in 2024 compared to 2023.   


Huawei showcases high-end fashion-forward product lineup

Huawei has showcased a lineup of high-end, fashion-forward flagship products that drew significant attention at the recent Mobile World Congress (MWC) 2024 in Barcelona, Spain.    The products that caught the eye were the HUAWEI Mate 60 RS ULTIMATE DESIGN,


Marassi Galleria unveils dazzling line-up of events for grand opening

Marassi Galleria, Bahrain’s newest premier lifestyle destination and a part of iconic waterfront development, Marassi Al Bahrain, being developed by Eagle Hills Diyar, has announced a line-up of events to mark its inauguration this month.    The grand


MMI opens new store at Dubai Marina

Residents and visitors staying in Dubai Marina can now enjoy the convenience of a new MMI store which has opened near the Dubai Metro and Tram and Al Maya supermarket.    The MMI - Dubai Marina store offers customers the opportunity to shop over 800 product


Al Baraka Group net income surges to $283m in 2023

Al Baraka Group, a leading international Islamic financial group in Bahrain, has announced that it had achieved a year of prosperity and financial stability in both income and profitability with its net income for 2023 surging 18% to $283 million.   An


Majid Al Futtaim inks Dubai sustainable food supply chain deal

Dubai Municipality has entered into a strategic partnership with Majid Al Futtaim – Retail, which holds the exclusive franchise to operate Carrefour in the UAE, to strengthen co-ordination and collaboration in ensuring the sustainable provision of strategic food commodities in Dubai'


Orkla India launches wholly-owned subsidiary in Dubai

Orkla India has announced the expansion of its Middle East presence through the launch of its wholly-owned subsidiary, Orkla India – Middle East & Africa (Orkla IMEA) headquartered out of Dubai, and set to deliver ethnic Indian and Indian-inspired culinary experiences to consumers in


Oman Avenues Mall adds a Babyshop to its portfolio

Oman Avenues Mall, the ultimate family shopping destination located in the heart of the city, has announced the addition of a Babyshop to its range of retail offerings.    The grand opening of Babyshop at Oman Avenues Mall on February 14 was attended by top


AAW and Bosch celebrate 45 years of partnership in Kuwait

Ali Abdulwahab Al Mutawa Commercial Co (AAW) has celebrated 45 years of partnership with Bosch Home Appliances at the company’s headquarters. The event was attended by Bosch Middle East CEO, Tomas Alonso, AAW Deputy CEO, Khalid Faisal Al Mutawa.   Alonso s


KSA surges forward as Mena markets show retail resilience

The Mena region stands out as the emerging retail powerhouse with the Kingdom of Saudi Arabia (KSA) making a notable climb in the rankings, ascending nine points to secure the third rank a Kearney survey.    The latest Global Retail Development Index (GRDI)

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