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Oman wealth fund buys stake in Musk's AI companyIn a major move, the Oman Investment Authority (OIA) has acquired a key stake in XAI, an US company owned by celebrity billionaire Eleon Musk which specialises in artificial intelligence (AI) technology, as part of its global expansion strategy, reported Oman News Agency. More… |
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Dubai unveils 2025 Retail Calendar, a packed line-upDubai Festivals and Retail Establishment (DFRE), part of the Dubai Department of Economy and Tourism (DET), has unveiled its 2025 Retail Calendar, featuring an incredible line-up of citywide events and activities. The 2025 programme of festivals and events promises a continuous celebration of More… |
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Swisslog to build automated frozen food warehouse for GiasGias Srl, a leading Italian company in the frozen food industry, has partnered with Swisslog to construct an advanced automated warehouse for frozen, semi-finished and finished products. Specialising in frozen vegetables, Gias supplies its products to re More… |
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GCC’s airport retail sector witnessing solid growth, says expertThe UAE and KSA airport retail sales are expected to reach $161.4 billion and $139.1 billion, respectively, by 2028, according to Abra, a leader in luxury retail fit-outs in the UAE and the Mena region. In its latest report, Abra says that the GCC’s airp More… |
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Zid unveils Total Commerce ecosystemZid, Saudi Arabia's leading commerce enablement platform, has unveiled ‘Total Commerce’ - a unified ecosystem redefining digital retail - at Ripple 2024, the company’s flagship event held at JAX District in Diriyah, Riyadh. The event is a More… |
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Opportunities for GCC in India’s luxury evolutionAs India emerges as the world’s fastest-growing market for luxury goods, a new era of opportunities is unfolding for retailers and e-commerce platforms across the Gulf Cooperation Council (GCC). This is according to a report titled “India Unveiled: More… |
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Grandiose opens its 44th store, first in Al AinGrandiose, the UAE’s homegrown supermarket brand, has announced the opening of its 44th store, marking an exciting new milestone, with its first store in Al Ain. This expansion underscores Grandiose’s commitment to staying close to its neighb More… |
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Dubai’s CPI inflation picks up in November: Emirates NBDDubai’s annual CPI (consumer price index) inflation rate accelerated to 3.0% y/y in November, up from 2.4% the previous month. This marked the fastest pace of annual price growth since August, while on the monthly measure inflation was at 0.5%, up More… |
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Mall of Muscat to host Oman's first Russian circusOman is preparing to host its first ever Russian circus show at the iconic Mall of Muscat. This unique event, part of the Night Circus Show project, will run on December 19 and 20 from 4 pm to 8 pm, featuring a spellbinding programme of performances by celebrated stars of the Russian circus s More… |
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Dolce&Gabbana launches luxury boutique, café in DiriyahLeading Italian luxury fashion brand Dolce&Gabbana has opened a new 1,500-sq-m luxury centre in Diriyah, The City of Earth, featuring a boutique and café, DG Caffè. The brand centre, one of Dolce&Gabbana’s largest worldwide, s More… |
