Retail & Wholesale

Retail & Wholesale

World’s first wireless transparent OLED TV unveiled at CES

Fri, 12 Jan 2024

LG Electronics (LG) is unveiling at CES 2024 the world’s first wireless transparent OLED TV, a true technological marvel, combining a transparent 4K OLED screen and LG’s wireless video and audio transmission technology.

Retail & Wholesale

Dubai’s real GDP to grow 4pc in 2024: Emirates NBD Research

Thu, 11 Jan 2024

Emirates NBD Research forecasts 4.0% real GDP growth for Dubai in 2024, in line with its estimate for last year.

Retail & Wholesale

American Express Middle East opens 3rd edition of Shop Small

Wed, 10 Jan 2024

American Express Middle East has launched its third annual Shop Small campaign in Bahrain from January 10 to March 10, following the success of the past two years campaigns.

Retail & Wholesale

AJEX Logistics first Saudi firm to exhibit at ‘Retail’s Big Show’

Tue, 09 Jan 2024

AJEX Logistics Services, an ME-based specialist in express distribution, will be the first Saudi firm to take part in the National Retail Federation 2024: Retail's Big Show (January 14-16) in New York, which will bring together over 6,200 global brands.

Retail & Wholesale

Careem Food serves meals to 1.4m people in 2023

Mon, 08 Jan 2024

In 2023, Careem Food served delicious meals to over 1.4 million people across the region with 1.1 million burgers delivered to customers.

Retail & Wholesale

Dubai Duty Free achieves record sales of $2.16bn in 2023

Fri, 05 Jan 2024

The New Year began on a high note for Dubai Duty Free with the operation announcing an all-time sales record of AED 7.885 billion ($2.16 billion) for 2023, representing a 24.39% increase over the previous year and 6.40% up on pre-pandemic in 2019.

Retail & Wholesale

Boucheron reopens boutique in Kuwait’s Avenues Mall

Thu, 04 Jan 2024

Boucheron, a name that embodies excellence in jewellery, high jewellery and watchmaking, has reopened its flagship boutique in the heart of Kuwait following extensive renovations.

Retail & Wholesale

Lulu wins big Saudi award for sustainability initiatives

Mon, 01 Jan 2024

LuLu Hypermarket in Saudi Arabia has been recognised for the “Best Waste Diversion Initiative of the Year (Private Sector)” at the Saudi Arabia Cleaning, Waste Management, and FM Awards, 2023 for its holistic approach to waste reduction.

Retail & Wholesale

US athletic footwear brand New Balance opens store in Jeddah

Sat, 30 Dec 2023

New Balance, a leading US athletic footwear and apparels brand, has announced the launch of its first store at Jeddah - in partnership with franchise partner Alshaya - thus marking a significant step forward in its strategic growth across the kingdom.

Retail & Wholesale

F&B manufacturing firms generate $7bn annual revenue in UAE

Fri, 29 Dec 2023

The UAE is hosting over 2,000 F&B manufacturing companies that generate $7.63 billion (AED28 billion) in annual revenue, said a report. Constituting 25% of the country's manufacturing GDP, it ranks second only to the oil and gas industry.