LEAP25, the region's premier technology event, concluded on a successful note emerging as a global hub for investments in artificial intelligence (AI), infrastructure, and cloud computing, with the total investments exceeding $15 billion, said a report.
Lulu Retail (Lulu), the largest and fastest growing pan GCC full line retailer, today announced a net profit from continuing operations of $216.2 million in FY 2024, up 12.6% YoY, with margins expanding by 20bps.
Bahraini company Sole Corp showcased 25 of its key brands at the Saudi Franchise Expo held recently in Riyadh. It also secured strategic deals at the premier three-day event, further strengthening its presence in both Saudi and international markets
Saudi Arabia’s consumer market is evolving rapidly, characterised by adaptability, shifting spending patterns, and resilience in the face of global economic challenges, according to the latest insights from 2025 Global Consumer Outlook by AlixPartners.
National flag carrier Air France has teamed up with master perfumer Francis Kurkdjian to launch its signature home fragrance, AF001. This home fragrance will gradually be introduced at the entrance to certain Air France lounges at Paris-Charles de Gaulle.
Michelin, a leading tyre technology company, has appointed Vitor Silva as President of the Africa, India, and Middle East (AIM) Region. He will be based out of Pune, India.
LG Electronics (LG) is set for the global launch of the 77-inch LG Signature OLED T, the world’s first transparent and true wireless 4K OLED TV.
The UAE Ministry of Climate Change and Environment has confirmed that it is actively investigating the potential contamination of Pepperoni Beef with Listeria monocytogenes bacteria.
Leading UAE business conglomerate Al Futtaim has announced the launch of Blue AI, a groundbreaking feature within the Blue Rewards app that empowers customers to interact with all their favourite brands in new and dynamic ways.
The UAE is poised for a significant 13% net increase in consumer spending intentions for 2025, marking the highest growth globally.
