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Lulu targets $400m investment in Saudi ArabiaLulu Hypermarkets, a retail major in the Middle East, plans to invest SR700 million ($186 million) in Saudi Arabia by the end of 2017, taking its total investment to more than SR1.5 billion ($400 million) in the Kingdom, said the group chairman. More… |
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UAE ranks 4th in global retail pull: studyThe UAE has risen 16 places to fourth position in retail investment attractiveness, says global management consulting firm A T Kearney’s eighth annual Global Retail Development Index (GRDI). UAE’s oil-driven economy proved more resistant t More… |
