Retail & Wholesale

Retail & Wholesale

DSS transforms iconic malls in Dubai into bustling fitness hubs

Fri, 23 Aug 2024

Malls in Dubai are transforming into teeming race tracks this Dubai Summer Surprises (DSS) with the launch of the season’s first-ever indoor mall runs.

Retail & Wholesale

Dexiconn in deal to distribute Bosch ACs in UAE

Wed, 21 Aug 2024

Dexiconn, a digitally driven new-age solutions company, has signed a partnership deal with Bosch Home Comfort to distribute its air conditioners in the UAE. This strategic collaboration brings Bosch's renowned German technology and design to the region.

Retail & Wholesale

Top Saudi retailer Fawaz Abdulaziz Alhokair names new CEO

Thu, 15 Aug 2024

Saudi-based retail group Fawaz Abdulaziz Alhokair Company has announced the appointment of Salim Fakhouri as its new CEO. An industry veteran, Fakhouri has over two decades of fashion retail experience across the Middle East and North Africa region.

Retail & Wholesale

Digital investments propel leading consumer goods firms

Thu, 15 Aug 2024

The clear link between technology leadership and business performance is undeniable as leading consumer goods companies continue to use advanced technology to outperform peers.

Retail & Wholesale

SPC Free Zone, Amazon UAE in deal to expand global reach

Wed, 14 Aug 2024

The Sharjah Publishing City Free Zone and Amazon UAE have signed a MoU to empower SPC Free Zone members to fast-track their growth journeys through online retail channels and enable them to sell their products to millions of customers on Amazon.ae.

Retail & Wholesale

GCC cities can ‘boost retail, economic development’

Tue, 13 Aug 2024

GCC cities can join the world’s elite shopping destinations, significantly contributing to urban GDP and employment, improving residents' quality of life, and enhancing offerings to tourists.

Retail & Wholesale

Mezzan Holding's revenue for H1 soars to $496m

Mon, 12 Aug 2024

Mezzan Holding, a leading manufacturer of food, beverage, FMCG and pharmaceutical products in the GCC, has announced solid results for the first half, netting a revenue of KD152.2 million ($496 million), while its net profit recorded a 42.2% growth.

Retail & Wholesale

Abu Dhabi ADQ to buy $1bn minority stake in Sotheby’s

Sat, 10 Aug 2024

Leading Abu Dhabi-based investment and holding company ADQ has entered into a deal with Sotheby’s, the global leader in fine art and secondary market luxury, to acquire a minority interest in the company at a total investment of $1 billion.

Retail & Wholesale

Adnoc Distribution Q2 net profit up 12.9pc to $170m

Fri, 09 Aug 2024

Adnoc Distribution reported a 15.0% YoY increase in second-quarter (Q2) 2024 EBITDA to $267 million, and a 12.9% YoY rise in net profit to $170 million.

Retail & Wholesale

Pepsi unveils Retro Pepsi Diner in Riyadh this summer

Thu, 08 Aug 2024

PepsiCo, in partnership with the burger joint Black Tap, is has introduced The Pepsi Diner, an exclusive pop-up at The Boulevard, Riyadh.