'Climate change and inflation' drive Middle East consumer choicesMiddle East consumers continue to embrace new technologies and demand more from the brands they support amidst global challenges, according to PwC’s Voice of the Consumer 2024 report. Mirroring global findings, inflation stands as the primary conce More… |
GCC retail sales to 'jump at a CAGR of 4.6% to $386.9bn' in 2028GCC retail industry is projected to boom at a compound annual growth rate (CAGR) of 4.6% to $396.9 billion in 2028 from $309.6 billion in 2023, according to the GCC Retail Industry report by Alpen Capital. The figures were revealed at the 13th edition of More… |
Retail brands mull personalised approach to woo boomers, zoomersDifferent generations want to communicate with businesses and brands ahead of Black Friday. However, creating an appropriate omnichannel strategy to communicate with them can be challenging. Get it wrong and brands may lose sales or even loyal customers, says an expert. More… |
Al Islami Foods repositions brand to reflect universal valuesAl Islami Foods, a leading provider of halal poultry, meat and snacking products, has unveiled its new brand positioning, which embodies the spirit of Emirati culture. The launch event held at the Grand Hyatt Dubai was attended by key partners and distin More… |
The Retail Summit expands to Saudi ArabiaThe Retail Summit (TRS), the leading global event shaping the future of retail, has announced its expansion into Saudi Arabia with its inaugural event to take place on January 27 and 28, 2025 in Riyadh. Building on the success of four UAE events, this ne More… |
ENBD inks sustainability-linked loan deal with Landmark RetailEmirates NBD, a leading banking group in the Mena region, has signed a first-of-its kind sustainability-linked loan agreement with Dubai’s Landmark Retail, a top value conglomerate in the retail sector in the Middle East. The signing of an environmental, social, and governance (E More… |
Saks Fifth Avenue Bahrain unveils exclusive green dressesSaks Fifth Avenue Bahrain has announced the arrival of an exclusive collection of stunning green dresses by CHATS by C.DAM, designed to mark Saudi National Day. These one-of-a-kind creations will be available only at Saks Fifth Avenue Bahrain, offering a More… |
Emirates NBD sets $26.7m ESG-linked facility with ChalhoubEmirates NBD, a leading banking group, has announced a SR100 million ($26.7 million) ESG-linked working Capital facility with Chalhoub Group, the Middle East’s largest luxury goods retailer and distributor. Marking the first ESG-linked facility for Chalh More… |
Brands For Less Group opens its first store in SingaporeThe leading off-price retailer, Brands For Less, has opened its first store in Singapore, marking its official entry into the Southeast Asian market. This significant milestone took place at Jurong Point Mall and was attended by VIP guests, including the More… |
Dubai Shopping Festival to start epic 30th edition on Dec.6The countdown to Dubai Shopping Festival (DSF), the epic 30th edition, has officially begun, with the extravaganza set to begin on December 6 and go on till January 12. Dubai Festivals and Retail Establishment (DFRE) will be bringing together the entire emirat More… |