Saudi-based Alandalus Property has begun work on a commercial project in Makkah being set up at a total investment of SAR831 million ($221.4 million). On completion, it will boast 350 rental units including big showrooms, retail outlets and hypermarket.
Equitativa, the largest real estate investment trust manager in GCC, said its key unit, Emirates REIT, has announced the sale of Trident Grand Mall, a two-floor retail component of Trident Grand Residence in Dubai Marina, for AED74 million ($20 million).
Careem has expanded its Quik delivery service to include a wide range of electronics, at the cheapest prices online in the UAE, available for delivery in under 60 minutes across Dubai and in select Abu Dhabi neighbourhoods.
Emirates National Oil Company (Enoc) has joined forces with Dream Dubai to launch its Shop and Win campaign at all Zoom retail chains in UAE for August that offers customers an opportunity to win cash prizes, including a AED500,000 ($136,147) jackpot.
Jahez International Company (Jahez-Kuwait), a pioneering platform that connects customers with their favourite restaurants through online orders, is running its latest daily cashback campaign for the entire month of July.
Dyson has launched its Riyadh demo store at Nakheel Mall, making a significant leap in its commitment to technological advancements and growing its presence in Saudi Arabia.
Average rental rates across Riyadh’s retail market have risen by 3% to SR2,725 ($727) psm for both regional and super regional malls in the last 12 months, while occupancy rates across the retail market rose by 5 percentage points to 90%.
LG Electronics (LG) has launched the LG Ceiling Concealed Duct, an advanced concealed cooling and heating system designed to provide unparalleled temperature control while seamlessly blending into any interior setting.
Samsung Electronics Co today announced its all-new Galaxy Z Fold6 and Galaxy Z Flip6, along with Galaxy Buds3 and Galaxy Buds3 Pro at Galaxy Unpacked in Paris.
Hisense, the global home appliance and consumer electronics brand, has reinforced its dedication to the Middle East and Africa (MEA) region with focus on future growth.
