#Retail

Pret A Manger enters Middle East, opens first shop in Kuwait

Pret A Manger expands in Middle East, opens first shop in Kuwait

Popular UK-based food and coffee chain opens at Al Hamra Tower, in partnership with Kuwait-based franchise group One PM

SAUDI-ARABIA-alcohol

Saudi retail enablement company Zid raises $50m in Series B funding

The proceeds will be used by Zid to expand into new markets in Saudi Arabia and in the region

Cover story: UAE-based businessman Ghassan Aboud on how a sound diversification strategy drives growth

In an exclusive interview, chairman and founder of Ghassan Aboud Group explains why success is only sustainable if it is inclusive

STC Alibaba

Arabian Drilling draws $43bn in orders for Riyadh IPO

The company set the final offer price at $26.6 a share, raising $710m after a book-building process for institutional investors

Danube Home unveils 'My Garden 2023 e-Catalogue'

Danube Home unveils ‘My Garden 2023 e-Catalogue’

The theme of the Danube Home e-catalogue this year is ‘From Dream to Reality’ showcasing well-curated products for all kinds of outdoor spaces

Lab grown diamond Evermore flagship boutique

Region’s only ‘lab-grown diamond’ brand opens boutique in Dubai

Evermore’s boutique is now open in the new Deira gold souq extension in Dubai

Chaloub Threads Styling

Chalhoub Group acquires majority stake in London-based digital luxury retailer Threads Styling

Founded by Sophie Hill, Threads Styling offers a social-first personal shopping service through social platforms and chat-based commerce

Carrefour Egypt partners with Merge to provide sign language interpretation

Carrefour Egypt stores will offer sign language interpretation

Carrefour has partnered with Merge, an IT company to launch simultaneous sign language interpretation in its stores

FedEx insights on e-commerce

What’s driving the e-commerce industry: consumer behaviour or digital innovations?

More than ever, consumers now want fast, on-time and flexible delivery solutions, with the option of easy returns

Saudi National Day celebrations in UAE

UAE to celebrate Saudi National Day with fireworks, festivities and retail offers

UAE will commemorate Saudi Arabia’s 92nd National Day with an extensive programme of celebrations from September 23 to 26

Nanovo launches in Middle East with first phygital retail concept

6thStreet collaborates with Nanovo, opens region’s first phygital store

Customers can select from more than 40,000 products at the store’s self-service terminals

Mall of the Emirates digital concierge service

Majid Al Futtaim launches SHAREPay for loyalty programme members

SHAREPay enables members to link up to 10 existing debit/ credit cards to a single digital card, enabling seamless instant earning and burning of SHARE points

Last three days of Dubai Summer Surprises, discounts up to 90%

Last three days of Dubai Summer Surprises, discounts up to 90%

Residents and visitors can avail the final sale of DSS offers from September 2 to 4

Mohamed Alabbar to acquire stake in YNAP from Richemont

Mohamed Alabbar to acquire stake in Yoox Net-a-Porter from Richemont

Alabbar’s investment vehicle, Symphony Global will acquire a 3.2 per cent stake of YNAP’s share capital, while Farfetch will take 47.5 per cent

dubuy.com adds Al Ain Farm products to its offerings

Al Ain Farms to offer dairy products in Africa through DP World’s DUBUY.com

Dubuy.com connects 10,000 registered customers to 2,000 registered vendors and facilitates the trade of 1.4 million products on a daily basis

Majid AL Futtaim announces H1 2022 results

Majid Al Futtaim reports 18% rise in EBITDA to Dhs1.9bn, revenue rises 15% to Dhs18bn

Majid Al Futtaim – Properties’ revenue rose 51 per cent to Dhs2.4bn, while EBITDA was up 27 per cent to Dhs1.4bn

EMAAR announces H1 2022 results

UAE’s Emaar reports robust H1 2022 revenue of Dhs13.575bn

Emaar’s hospitality division saw its revenue grow by 64 per cent compared to H1 2021, reflecting the tourism sector’s robust post-pandemic recovery

Dubai Summer Surprises

How unified e-commerce can help UAE retailers drive sales this Dubai Summer Surprises

Studies show there is a 9 per cent higher increase in growth amongst agile businesses that connected their online, in-app and in-store payment channels compared to those that don’t

BinDawood acquisition

BinDawood Holding to acquire stake in French influencer marketing agency

Ykone is an influencer marketing agency focused on travel, beauty, fashion and luxury brands

Savills- retail destination trends 2022

Four global trends shaping the future of retail destinations: Savills

In the Middle East, there are already clear signs of retailer demand, with a shift away from purely franchises to brand-owned stores

UAE's Landmark Group appoints new CEO Kabir Lumba for Retail

UAE’s Landmark Group appoints new CEO for Retail

Kabir Lumba will lead as the new CEO for Landmark Retail

UAE consumers

Price, quality or sustainability? Know what your customers want

Consumers in the UAE have the highest proportion of ‘quality appreciators’ and the lowest proportion of ‘cost-conscious’ consumers

Jones the Grocer

Jones the Grocer’s Yunib Siddiqui on the retail chain’s expansion

Jones the Grocer has 24 stores and cafes across the Middle East. Yunib Siddiqui, the CEO spoke to Gulf Business about growing his food retail business

UAE customers

Over 90% of UAE customers say experience is as important as products – survey

The Salesforce’s ‘State of the Connected Customer Report’ reveals how trust, personalisation and digital-first experiences are central to customer needs

Walmart ranks first on the top 25 global retailers survey

According to GlobalData’s ranking, half of the top 25 global retailers reported more than 8 per cent year-on-year growth in revenue despite the pandemic

Network Nayax retail Getty images

Network, Nayax to expand UAE’s unattended self-service retail segment

Network and Nayax’s solution allows customers to select a product or service and pay using a debit or credit card at unattended self-service payment kiosks

IKEA flagship store to launch in Oman, announces Al-Futtaim

The two-level flagship IKEA store will be located in Lulu Group’s Oman Avenues Mall and feature a 394-seat restaurant with self-service kiosks

UAE Superbrands Council’s Niranjan Gidwani on the latest trends shaping the retail sector

The consultant director and member of UAE Superbrands Council talks about the revival of brick and mortar stores, metaverse mania and other developments

Dubai’s Mashreq and noon.com launch VIP savings account

The account provides customers competitive interest rates on their savings, cashback on all spends and a free noon VIP membership among other features

Abu Dhabi Airports, Etihad partner for Etihad Guest’s ‘Miles on the Go’

Etihad Guest members can now earn and spend their miles when shopping at participating merchants located at Abu Dhabi International Airport