Breitling has expanded its footprint in the UAE capital with a new boutique in Abu Dhabi Marina Mall.
Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer, has started trading on the Abu Dhabi Securities Exchange (ADX) after its record-breaking Initial Public Offering (IPO).
Landmark Group, the leading value conglomerate in the retail and hospitality sectors, has unveiled plans to invest $1 billion to expand its presence across the Gulf, India and South-East Asia.
The UAE ranks third globally in the diamond trade after India and the US with a share of more than 15% of total global trade in this sector. The country's diamond trade value hit $39 billion in 2023 and is now on track to top $40 billion by year-end.
A staggering 51% of luxury retail employees plan to leave their jobs amid a talent crisis gripping the industry, said a landmark report titled “The Advisor Effect: Driving Retail Success by Re-imagining the Role of the Client Advisor”.
Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, has made a significant turnaround in the third quarter (Q3) posting a net profit of SR19 million ($5.06 million) compared to a huge net loss of SR203 million in Q3 2023.
Spinneys, the region’s leading food retailer, has delivered solid results for the first nine months with AED2.3 billion ($626 million) record revenue, up 11.4% over last year, while its profit before tax surged by 27.1% to AED203 million ($55.2 million).
Al Islami Foods, a top UAE-based provider of halal poultry and meat products, has launched its processed food range in Qatar that aims at meeting the needs of modern households and busy individuals, bringing a new level of convenience to halal cooking.
Saudi Arabia's Tourism Development Fund (TDF) has signed a strategic agreement with Dusit International, a leading global hospitality group, for the development of a range of top-class hospitality projects across the kingdom.
Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer, today announced the successful completion of the bookbuild and public subscription process for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX).
