Retail & Wholesale

Retail & Wholesale

Chemist Warehouse launches first UAE store in Dubai

Wed, 30 Oct 2024

Chemist Warehouse, Australia’s leading pharmacy retailer, has officially launched its first store in the UAE at Dubai’s Al Ghurair Centre.

Retail & Wholesale

Global gold demand reaches a record high value of $100bn

Wed, 30 Oct 2024

Global gold demand increased 5% year-on-year (YoY) to 1,313t (tonnes) in the third quarter (Q3), with total demand exceeding $100 billion for the first time on record, supported by strong investment in a record-high price environment.

Retail & Wholesale

AI-driven insights boost shopper understanding from 10pc to 45pc

Tue, 29 Oct 2024

RetailGPT, the Generative AI platform bridging digital and physical retail, is setting a new industry benchmark in understanding consumer behaviour.

Retail & Wholesale

Bahraini jeweller Amal wins top accolades at Milan Jewellery Week

Tue, 29 Oct 2024

Bahraini jewellery designer Amal Sanad won the Best Creativity Award at Milan Jewellery Week in recognition of her ability to seamlessly blend originality and historical influences with modern creativity. She is the first Bahraini to win this accolade.

Retail & Wholesale

Lulu IPO size put at up to $1.43bn; subscription opens

Mon, 28 Oct 2024

Lulu Retail Holdings (Lulu), together with its subsidiaries, today announced the price range for the sale of its shares and the start of the subscription period for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX).

Retail & Wholesale

Aldar announces completion of Al Hamra Mall revamp

Thu, 24 Oct 2024

Aldar Properties has announced the successful completion of the revamp work at Al Hamra Mall in Ras Al Khaimah. This comes as part of the key Abu Dhabi developer's AED1 billion ($272 million) investment plan in major retail destinations.

Retail & Wholesale

Bhima Jewellers eyes $272m funding for big GCC expansion

Mon, 21 Oct 2024

Bhima Jewellers, a leading Indian jewellery group, has unveiled its aggressive expansion plan for GCC region, targeting 15 stores in UAE in the next three years. The group aims to raise AED1 billion ($272.2 million) from HNWIs and FIIs to fund the plan.

Retail & Wholesale

Lulu Retail to launch IPO next week; listing on ADX

Mon, 21 Oct 2024

Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer, today announced its intention to proceed with an Initial Public Offering (IPO) and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX).

Retail & Wholesale

Joyalukkas opens its largest showroom in Bahrain

Sun, 20 Oct 2024

Leading jeweller Joyalukkas has announced the opening of its largest showroom in Bahrain as part of its ambitious global expansion strategy. The outlet, its second in the kingdom, will be offering a variety of gold, diamond and precious stone pieces.

Retail & Wholesale

Mastercard Payment Passkey Service debuts in the Middle East

Thu, 17 Oct 2024

Mastercard has partnered with noon Payments, one of the biggest payment service providers in the Middle East and North Africa, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers.