Al Khayyat Investments (AKI) has announced the signing of an exclusive distribution partnership with Aujan Coca-Cola Beverages Company under which AKI will exclusively manage the UAE distribution and growth for household brands Rani, Vimto and Barbican.
MBC Group, a leading media and entertainment conglomerate, has joined forces with Cenomi Centers, the developer of contemporary lifestyle destinations in Saudi Arabia, to bring first-of-its-kind live TV and radio broadcasting into Saudi Arabia’s premier lifestyle destination, Westfield Riyadh.
Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has awarded a design and build contract worth SAR1.3 billion ($342 million) to Lynx Contracting Company for the development of its premium mixed-use boulevard project in the Eastern Province of Al Khobar.
AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.
Dubai Summer Surprises (DSS), the emirate's annual summer retail and entertainment festival, kicks off on July 2 offering 60 action-packed days of shopping promotions, dining events, concerts and family-focused attractions, thus providing unforgettable experiences for both residents and visitors alike.
Standard Chartered has announced its intention to explore the sale of its wealth and retail banking (WRB) business in the Kingdom of Bahrain, as it further sharpens focus on businesses and client segments. The bank will maintain its presence in Bahrain through corporate and investment banking franchise.
Mattel, an American multinational toy manufacturing and entertainment company, has appointed Tarek Moussawer as its new Commercial Lead for Middle East region. An industry veteran, he brings over 20 years of experience across retail, finance, brand building and commercial strategy to the new role.
Qatar’s national transport provider Mowasalat has announced a strategic partnership with national carrier Qatar Airways through its loyalty programme, Privilege Club, in a move that enables its customers to collect loyalty points across Karwa Taxi and Chauffeur Services.
The UAE has announced the launch of its first sovereign retail sukuk programme, offering individual investors access to government-backed Islamic investment instruments through a public subscription process. The sukuk will be offered through an IPO-style subscription framework.
Havelock One, a leading interior fit-out contractor in the region, has announced that it has been signed up as the front-of-house fit-out contractor for The Avenues - Khobar, an ambitious mixed-use development coming up on a 820,000 sq m area in the Eastern Province of Saudi Arabia.
