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.
Mondelēz International has announced the appointment of Ihab Rafik Amin as President of its Middle East, North Africa and Pakistan (MENAP) Business Unit.
Samsung Electronics has unveiled the new Galaxy Ring, Galaxy Watch7 and Galaxy Watch Ultra, expanding the power of Galaxy AI to more people through wearables designed to provide end-to-end wellness experiences.
Retail major LuLu Group has launched its 61st retail destination in Dhahrath Laban, Riyadh. Spread over 69,000 sqft in the popular Laban Square, it features the favourite shopping amenities, and a well-stocked supermarket.
Sobha Realty said work has started on its new mall located within its flagship Sobha Hartland community in Dubai. With a built-up area of 339,000 sq ft, the project will feature key amenities including a supermarket, F&B as well as entertainment zone.
Alsulaiman Ikea, the leading home furniture brand, has announced an investment of SR70 million ($18.7 million) to further reduce the prices of products, introducing 3,000 'New Lower Price’ items during 2024.
Dubai International Financial Centre (DIFC) has broken ground on a landmark commercial project - DIFC Square - comprising three interconnected buildings that feature offices, retail units and other key amenities. It is set for completion by Q1 2026.
