Spinneys, a leading fresh food retailer, has seen its first-half (H1) profit rise 15.2% year-on-year to AED146 million ($40 million) as revenues reached a record high of AED1.6 billion ($440 million), increasing by 9.9% year-on-year.
Sharjah COOP has announced the launch of Mleiha Dairy products across its various branches since the beginning of this month, becoming the first retail chain in the UAE to offer this premium organic product.
Nahdi Medical Company posted strong revenue growth of SR2.47 billion ($660 million) for the second quarter (Q2) an increase of 10.8% on Q1 2024.
Mall of Dilmunia, one of Bahrain's premier shopping and entertainment destinations, has announced an upcoming transformation in partnership with Al Ahli Holding Group, known for operating the famous Dubai Outlet Mall.
The Mena region witnessed a slight increase in merger and acquisition (M&A) activity with a total of 321 deals amounting to $49.2 billion, according to the EY Mena M&A Insights H1 2024 report.
Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in Mena and Kazakhstan, saw its first-half net profit drop 44.8% to $80 million as revenues fell 15.2% to $1.05 billion.
Sharjah Publishing City Free Zone (SPC Free Zone) and Federal Express Corporation (FedEx), the world's largest express transportation firm, are allying to enhance global market access for e-commerce businesses in Sharjah.
Mazad, a local portfolio company of Bahrain Mumtalakat, is hosting a luxury watches auction on its platform - a first of its kind for the kingdom - featuring a wide collection of rare, vintage timepieces from top brands such as Rolex and Audemars Piguet.
Leading US petroleum contract drilling company Helmerich & Payne said it has reached an agreement with KCA Deutag, a global drilling group with a significant land drilling presence in the Middle East, to acquire the company for $1.97 billion in cash.
City Centre Bahrain, the leading lifestyle and shopping destination in the Kingdom of Bahrain, is back this year with its ‘A Summer Full of Colour’ campaign offering its shoppers a brand-new 2025 Range Rover Velar as the ultimate grand prize.
