Dubai’s Emax eyes 50 MidEast stores by 2013

  • Share via facebook
  • Tweet this
  • Bookmark and Share
(Picture for illustration purposes only)

(Picture for illustration purposes only)

Electronic retailer Emax, part of Dubai conglomerate the Landmark Group, is planning to open 13 new stores in the Middle East by the end of 2013, bringing its total number of outlets to 50, it was announced on Wednesday.

The largest electronic brand in the Middle East, Emax reported a 40 percent rise in annual sales on Wednesday and is planning to leverage this growth by expanding its network of stores across the region.

“The consumer electronics market in the Middle East is buoyant and Emax is well placed to capitalise on this industry trend. We aim to continue to expand our presence in the region, with plans to operate 50 stores by the end of 2013,” the retailer said in a statement.

The first Emax store was opened in 2006 and the brand has since grown to become one of the leading regional electronic retailers in the Middle East, with 37 stores and over 1,000 employees in the UAE, Saudi Arabia, Oman, Qatar and Bahrain.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Dubai's nightlife bubble: When is it going to burst?

Dubai's nightlife bubble: When is it going to burst?

A new breed of clubs and bars is sprouting in the city, but which...

12
Chocolate: worth its weight in gold?

Chocolate: worth its weight in gold?

Middle Eastern consumers with a sweet tooth are buying up ever...

Country focus: Lebanon’s start-up success

Country focus: Lebanon’s start-up success

A new-wave of entrepreneurship is helping Lebanon become a hot...

Most Discussed
  • 54
    Three UAE women attacked with hammer at London hotel

    I really feel that Arabian Business.Com should now close this comments page. This should be all about sympathy for the families not what it is/has turned... more

    Wednesday, 16 April 2014 1:06 PM - Adrienne
  • 51
    Why Dubai isn't a plastic city

    What is definitely not a plastic city. The Arabs have a culture dating back to several centuries. 50 years back Dubai was just a fishing village. Today... more

    Tuesday, 8 April 2014 3:49 PM - P. MADHUSUDAN
  • 48
    DMCC boss Ahmed Bin Sulayem entertains Robert Mugabe in Dubai

    @fga ''However today, simply because he decided to dispossess a few white farmers of their land and redistribute to the poorer indigenous blacks'' more

    Sunday, 13 April 2014 3:02 PM - Matt Williams