Magrabi Retail, a leading eyewear retailer in the Middle East, has announced the proposed acquisition of 51% of the issued share capital of the Baraka Optics Group, one of the largest premium optical retail chains in Egypt.
Adnoc Distribution has announced that it has sealed a strategic partnership with Americana Restaurants to expand dining and convenience offerings at its service stations in the UAE, Saudi Arabia and Egypt. Under this deal, it will set up 200 Americana quick service restaurants across its network.
Snoonu, a fast-growing super-app, has been officially launched in Kuwait, marking a significant step in its expansion across the GCC.
Cenomi Retail, a leading franchise retailer in Saudi Arabia, reported a revenue growth of 2.4% year-on-year (YoY) in Q1-2026, to SAR1.36 billion ($360.98 million).
Tanishq, a leading Indian jewellery brand and a TATA product, has announced the launch of its Festival of Exchange across the UAE. The campaign, headlined by cricket icon Sachin Tendulkar, offers zero per cent deduction on the exchange of old gold, across all its outlets in Abu Dhabi, Dubai and Sharjah.
The UAE’s private sector is getting ready to implement mandatory e-invoicing in phases from July 1, 2026, that is expected to reduce downtime, increase transparency, and improve the collection of Value-Added Tax (VAT) and Corporate Tax.
Bahrain's Fuel Pricing and Monitoring Committee has announced fuel prices for the local market for May, in line with the approved pricing mechanism and reflecting global market changes.
E-commerce business in the UAE jumped by 20 per cent since February this year, as most consumers maintained work from home and study from home to ensure public safety, according to a report.
Dubai’s retail and warehouse sectors demonstrated resilience and growth in 2025, backed by strong fundamentals including record tourism, population boom and e-commerce activity. Both sectors, however, faced tightening supply conditions that shaped market dynamics throughout the year, said a report.
Choithrams, a leading UAE-based retail and distribution company, has announced that it has joined hands with Parkonic, a digitally managed parking operating system, to introduce a streamlined, ticketless parking experience across selected store locations in the UAE.
