Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in the region, has posted a first quarter revenue fall of 16.3% to $493.5 million leading to a drop in net profit at $28 million.
Brands For Less (BFL) Group, the region’s leading off-price retailer in the region, has hit a major milestone with more than 120 operational stores across the GCC and Europe.
Wellbeings, the epitome of luxury wellness experiences, has opened its latest outlet – a captivating new space nestled within the Marriott Marquis Jewel of The Creek.
Spinneys 1961 Holding, an operator of premium grocery retail supermarkets, has announced that following high levels of demand it will increase the number of shares allocated to the UAE Retail Offering of its $375 million IPO.
Shareholders of Mezzan Holding have approved the Board of Directors’ recommendation to distribute cash dividends of 20% of the nominal value of the share (20 fils per share) for the fiscal year ended on December 31, 2023.
Sony Middle East and Africa has unveiled its powerhouse lineup of new and innovative products across TV and audio systems for 2024, setting the stage for immersive home entertainment experiences and boosting market leadership.
Capital.com, the renowned Cyprus-based FinTech company, has clinched the top spot for the third consecutive year in the third edition of Deloitte Technology Fast 50, with an impressive 4,411% growth.
The recent adverse weather conditions in the UAE led to a significant decrease in online payment transactions, indicating a notable shift in purchasing patterns, a comprehensive study by Global payments solution provider Checkout.com, reveals.
Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, has announced the appointment of Deloitte to manage the forthcoming sale of its Aleph brand.
Businesses in the UAE on average encountered losses of approximately AED11 million ($3.08 million) as 44% of businesses experienced cyberattacks, or data breaches last year, marking a 39% increase.