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