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.
The Saudi Green Building Forum (SGBF), the scheme owner of SAAF, a certification trademark of Arab Green Building, has announced that it has signed up as an association member of the International Accreditation Forum (IAF).
A new white paper, released by Al Futtaim, in collaboration with MBZUAI, reveals that a lack of skilled artificial intelligence (AI) professionals is the biggest hurdle to unlocking the potential of AI-driven personalisation in GCC retail sector.
A lack of skilled AI professionals is the biggest obstacle to unlocking the potential of AI-driven personalisation in the GCC retail sector, according to a new study.
Gold soared to another record high on Wednesday to breach the $3,300-an-ounce level, as US-China trade tensions steered investors towards the safe-haven asset. The dollar, meanwhile, continued to depreciate against its rivals to hold near a 3-year low.
Saudi retail real estate sector is undergoing a major transformation, driven by the country's Vision 2030 initiative. With Riyadh, Jeddah and other key cities seeing a surge in retail developments, the 2025-26 outlook remains optimistic, said a report.
Majid Al Futtaim has announced a landmark AED5 billion ($1.36 billion) investment to transform the Mall of the Emirates into a next-generation lifestyle hub, adding 20,000 sq m of more retail space alongside four new entertainment offerings by late 2026.
Quiqup, a UAE-based e-commerce logistics provider, has launched its core fulfillment and delivery services in Saudi Arabia, marking a major milestone in its regional expansion.
Majid Al Futtaim has announced plan to open 30 new stores across its lifestyle portfolio in 2025, spanning both luxury and high street brands. It includes five standalone stores of Italian brand Eleventy and the debut Poltrona Frau store in Saudi Arabia.
