Sharjah-based property development Arada has welcomed a wave of dining outlets and retail brands at East Boulevard, the shopping and lifestyle destination at the centre of the AED35 billion ($9.5 billion) Aljada megaproject in Sharjah.
LuLu Hypermarket is celebrating summer with an array of the best of British foods and other products in its ‘Beest of Britain’ festival (May 15-25) in Riyadh, where an array of seasonal goods, beauty products will usher in the taste of British summer.
Bahrain Airport Company has invited expressions of interest (EoIs) from leading companies for developing key commercial spaces (as entertainment zones, business centres or electronic gaming) at Bahrain International Airport Passenger Terminal Building.
Bahrain mobile wallet stc pay has partnered with Mastercard to launch its prepaid card in the kingdom that will provide a range of premium facilities to its subscribers. They will be able to use the new card at a number of business outlets worldwide.
Spinneys, a leading fresh food retailer in the UAE, has seen its Q1 2024 total revenue grow by 10.9% year-on-year to AED815 million ($222 million).
The UAE ranks second globally in shopping satisfaction, with 71% of consumers in the country making extensive use of digital features to enhance their shopping experiences, a recent survey revealed.
Al Hassan Ghazi Ibrahim Shaker Co has posted a first-quarter (Q1) net profit of SR32.25 million ($8.6 million), up 12.09% YoY, driven by strong revenue growth, enhanced operational performance, and lower finance costs.
The Avenues-Bahrain, a major seafront retail and leisure destination in Bahrain, has signed an agreement with LuLu Hypermarket for its launch within its Phase 2 project. Set for Q4 completion, the expansion will extend the complex by 600 m.
Saudi Arabia's E-commerce market is poised for solid growth and with the number of internet users likely to hit 33.6 million later this year, its revenue is expected to surge to $25 billion by 2029, registering a CAGR of 11.8%, according to an expert.
Some 98% of Saudi consumers have changed how they shop for FMCG, with 24% preferring to buy whatever brand is on promotion, according to NielsenIQ, a world-leading consumer intelligence company.
