The Ajman Consumer Sentiment Index for 2023 has registered an rise of 131 points, exceeding the global average of 100 points, indicating that consumers in the emirate are more optimistic about the economic outlook than consumers in most other countries.
Bahrain Telecommunications Company (Beyon) has reported solid results for FY 2023 with a profit of BD72 million ($191 million), up 2% over 2022, while its revenue surged 5% to hit BD425 million ($1.1 billion) mainly on mobile and digital services growth.
Stones Luxury, a purveyor of handmade, luxury art pieces crafted by Arab artisans, has opened its newest gallery in Bahrain. The new outlet at Diplomatic Area is its fifth in the region after being launched at Saudi Arabia, Qatar, Jordan and Oman.
While economic uncertainties persist globally, consumer spending in the Kingdom of Saudi Arabia (KSA) is expected to remain steady in 2024.
Huawei has showcased a lineup of high-end, fashion-forward flagship products that drew significant attention at the recent Mobile World Congress (MWC) 2024 in Barcelona, Spain.
Marassi Galleria, Bahrain’s newest premier lifestyle destination and a part of iconic waterfront development, Marassi Al Bahrain, being developed by Eagle Hills Diyar, has announced a line-up of events to mark its grand opening this month.
Residents and visitors staying in Dubai Marina can now enjoy the convenience of a new MMI store which has opened near the Dubai Metro and Tram and Al Maya supermarket.
Al Baraka Group, a leading international Islamic financial group in Bahrain, has announced that it had achieved a year of prosperity and financial stability in both income and profitability with its net income for 2023 surging 18% to $283 million.
Dubai Municipality has entered into a strategic partnership with Majid Al Futtaim – Retail, which holds the exclusive franchise to operate Carrefour in the UAE, to help ensure the sustainable provision of strategic food commodities in the local markets.
Orkla India has expanded its regional presence through the launch of its subsidiary, Orkla India – Mideast & Africa (Orkla IMEA) in Dubai. With this move, the company aims to deliver ethnic Indian and Indian-inspired culinary experiences to the region.
