The retail industry in the GCC is undergoing a sweeping transformation. Once dominated by traditional models, the sector is now a key enabler of economic diversification and is projected to reach over $390 billion by 2028, said a report.
Batelco by Beyon and City Centre Bahrain have signed an agreement to jointly develop and execute a series of value-added initiatives and projects focused on enriching customer experience through connectivity, shopping, dining and entertainment.
Yango Tech, a key provider of B2B tech solutions to local businesses, has entered into a partnership deal with Grand Hypermarkets that will see the rollout of its full e-grocery automation stack across malls in the UAE, Kuwait, Qatar, Oman and KSA.
G42, the Abu Dhabi-based global technology group, and Mistral AI, a leading AI company headquartered in Paris, have announced a strategic partnership to co-develop next-generation AI platforms and infrastructure.
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.
Abu Dhabi Department of Energy (DoE) has issued a new decision regulating works related to gas supply in buildings.
EWEC (Emirates Water and Electricity Company) and Al-Futtaim IKEA, the leading Swedish home furnishing retailer in the region, have announced a clean energy partnership to reduce emissions and advance sustainable business operations in the UAE.
Yango Group, a global tech company, has launched a pilot programme for autonomous robot-powered food delivery at Expo City Dubai.
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.
Dubai Holding Asset Management, a key player in the retail sector, has announced the official opening of Nad Al Sheba Mall, a mixed-use lifestyle destination featuring a selection of over 100 stores spanning fitness, retail, entertainment and F&B.
