Thursday 15 May 2025
 
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Lulu reports 7.3% increase in Q1 revenue to $2.1bn

Lulu Retail Holdings, the largest and fastest growing pan GCC full line retailer, has reported a revenue of $2.1 billion for the first quarter of 2025, up 7.3% YoY, with like-for-like sales up 3.6% YoY driven by strong sales during Ramadan period and volume growth in certain product categorie

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Abu Dhabi issues rules on gas works in buildings

Abu Dhabi Department of Energy (DoE) has issued a new decision regulating works related to gas supply in buildings.    The regulation sets forth the mandatory requirements and controls for overseeing all gas operations in buildings throughout Abu Dhabi, inc

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Al-Futtaim IKEA, EWEC deal to power stores with renewable energy

EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing, supply, and Al-Futtaim IKEA, the leading Swedish home furnishing retailer in the region, have announced a clean energy partnership to reduce emissions and advance sustainab

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Expo City Dubai, Yango launch autonomous food delivery

Yango Group, a global tech company, has launched a pilot programme for autonomous robot-powered food delivery at Expo City Dubai.    The delivery service will enhance convenience for Expo City’s employees, residents, and visitors while advancing Dubai

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Adnoc Distribution posts highest Q1 EBITDA

Adnoc Distribution, the UAE’s largest fuel and convenience retailer, reported a record Q1 EBITDA and fuel volumes that drove double-digit year-on-year (y-o-y) earnings growth.   For the first three months of 2025, Adnoc Distribution’s financial perfo

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