Ramez International Group has announced plans to establish a commercial complex at Isa Town in Bahrain. To be built on a 16,765 sq m area, it will have places designated for selling fresh vegetables, fruits and meat as well as a parking lot for 500 cars.
Rewaa, Saudi’s leading omnichannel inventory management system, accounting, and POS platform for the retail industry, has raised $27 million in Series A funding round led by Wa’ed Ventures, a VC fund wholly owned by Aramco.
GCC-listed firms aggregate net profits fell 6.2% to $57.9 billion in Q2-2023, compared to $61.7 billion in Q1-2023, mainly led by a fall in energy and commodity prices, said Kamco Invest, a regional non-banking financial powerhouse.
Global electronics brand LG has inaugurated its brand-new showroom in Dubai, partnering with Al Yousuf Electronics.
aiBANK, a leading provider of integrated retail, corporate and Islamic banking solutions in Egypt, has entered into a long-term agreement with Visa to provide customers with a new integrated package of e-payment solutions.
Swisslog, a global leader in innovative robotic, data-driven solutions, will take centre stage at Seamless KSA 2023 exhibition and conference, showcasing its groundbreaking AutoStore robotic storage and order processing solution.
TCL Electronics, the global top 2 TV brand and top 1 98-inch TV brand, has clinched the illustrious Gold Stevie Award for Large Electronics Company of the Year at the 20th International Business Awards.
talabat, a leading local platform for everyday deliveries, has launched ‘talabat pro’ in Bahrain, a subscription service providing access to exclusive benefits, including unlimited free deliveries from selected restaurants and vendors.
Qatar Investment Authority (QIA), the country's wealth fund, will be investing $1 billion in Indian's Reliance Retail Ventures Limited to pick up a nearly 1% stake. The strategic investment values the company at a pre-money equity value of $100 billion.
The Dubai Gold & Commodities Exchange (DGCX) is waiving fees for its shari’ah compliant Spot Gold Contract. The move comes at a time when gold is in big demand among investors mainly owing to the global inflationary pressure and economic uncertainty.
