Monday 17 June 2024
 
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GRDI

GRDI gets funding for Ikea building project

Gulf Resources Development and Investment (GRDI) has secured Dh208 million ($57 million) finance from National Bank of Fujairah (NBF) for the construction of Ikea's biggest distribution centre in Dubai, UAE, said a report.

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UAE ranks 4th in global retail pull: study

The 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

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