Retail & Wholesale

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.

Retail & Wholesale

Amazon introduces brighter, faster and lighter Kindle devices

Wed, 16 Oct 2024

Amazon has introduced the fastest Kindle Paperwhite ever, and a new entry Kindle in a fun, new Matcha colour.

Retail & Wholesale

Work kicks off on Al Rafia Park project in Sharjah

Thu, 10 Oct 2024

Sharjah authorities have announced that work has begun on the Al Rafia Park project located in Al Batayeh area of the northern emirate. Spanning a 30 sq km area, it is anticipated to be a star attraction in Al Batayeh area.

Retail & Wholesale

Bang & Olufsen store opens in the Galleria Al Maryah Island

Thu, 10 Oct 2024

Legend Group, Bang & Olufsen exclusive master dealer in the UAE, has expanded its footprint with the opening of a store in The Galleria Al Maryah Island, Abu Dhabi.

Retail & Wholesale

Cenomi sets record; opens 12 Subway branches the same day

Tue, 08 Oct 2024

Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, announced the opening of 12 new Subway branches across the kingdom, setting a new world record for the number of openings in a single day.

Retail & Wholesale

Arabian Centres to set up $266m real estate investment fund

Tue, 08 Oct 2024

Arabian Centres Company, a leading developer of retail and lifestyle destinations in Saudi Arabia, has sealed a partnership with GIB Capital to set up a shariah-compliant real estate investment fund with an initial capital of SAR1 billion ($266 million).

Retail & Wholesale

Salesforce expands Dubai presence with new office

Fri, 04 Oct 2024

Salesforce, the global leader in AI customer relationship management (CRM), has officially inaugurated its new office in the UAE in Dubai Internet City.