GRDI gets funding for Ikea building projectGulf 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. More… |
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… |