ArabianBusiness.com - Middle East Business News
Wednesday, 25 November 2009 18:24 UAE time

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Wednesday, 07 October 2009

NBK raises DP World fair value estimate

Retail
Analyst upgrade follows DP World confirmation that considerably better volumes were seen in Q2 than in Q1. 

NBK raises DP World fair value estimate

Saudi Savola cleared for Geant buy

Retail
Deal will see Savola's retail arm Azizia Panda increase its share of Saudi retail market to 8% from 7%.

Saudi Savola cleared for Geant buy

Rezidor to open 18 Mideast hotels in 3 years

Retail
Belgian group plans to increase network to 40 with focus on mid-market segment.

Rezidor to open 18 Mideast hotels in 3 years

Retail gold sales set to fall as price hits record high

Retail
Retailers at Dubai's gold souk could see trade dip as the price of gold continues to rise.

Retail gold sales set to fall as price hits record high

UAE food prices seen falling 30% with more competition

Retail
Retailers claim measures to increase competition in wholesale market have failed.

UAE food prices seen falling 30% with more competition

UAE, Saudi consumers cut back on shopping trips

Retail
43% of shoppers across two Gulf states put limits on spending amid downturn.

UAE, Saudi consumers cut back on shopping trips

Most UAE retailers expect growth next year - survey

Retail
About 55% of shops polled see sales growth of between 5-10% in 2010.

Most UAE retailers expect growth next year - survey

Monday, 05 October 2009

Dubai developer MAF turns to Iran for retail growth

Retail
As many as 10 malls may be built in MENA region over next 5 years, says group CEO.

Dubai developer MAF turns to Iran for retail growth

Dubai's Gallery One signs Qatar franchise

Retail
Two stores will open in Doha in the next 12 months with further stores in Jordan, Lebanon and Syria.

Jumbo Electronics signs distribution deal with Gorenje

Retail
Jumbo to sell Gorenje branded products across stores and network in UAE, Oman.

Jumbo Electronics signs distribution deal with Gorenje

Sunday, 04 October 2009

Dubai retail gold sales drop 40% in Sept - trade

Retail
High gold price as global funds seek safe haven for assets, continues to have major impact.

Dubai retail gold sales drop 40% in Sept - trade

1,000th shop opens at Dubai Mall

Retail
Retail chief also says more than one million shoppers visited shopping mall during Eid holidays.

1,000th shop opens at Dubai Mall

Saturday, 03 October 2009

Mashreqbank’s US lawsuit based on forgery - Algosaibi

Retail
Saudi group says Dubai bank's suit in US over $200m in forex deals should be thrown out.

Mashreqbank’s US lawsuit based on forgery - Algosaibi

Thursday, 01 October 2009

World's largest sweet shop to open in Dubai

Retail
Candylicious chiefs say they are targeting up to 15 new stores in Gulf region.

World's largest sweet shop to open in Dubai

Dubai retailers urged to accept returned goods

Retail
New campaign launched in bid to improve customer service in emirate.

Dubai retailers urged to accept returned goods

Wednesday, 30 September 2009

Ajman sheikh in driving seat for Lacroix takeover

Retail
UPDATE 2: Potential rival bidder for loss-making French fashion house drops out.

Ajman sheikh in driving seat for Lacroix takeover

Tuesday, 29 September 2009

One in five UAE retailers see 20-30% sales slide

Retail
New survey reveals impact of global economic slowdown on major UAE retail names.

One in five UAE retailers see 20-30% sales slide

Monday, 28 September 2009

UAE, Saudi consumers in food labelling call

Retail
New research shows shoppers want clearer labelling to help them buy healthy food.

UAE, Saudi consumers in food labelling call

Sunday, 27 September 2009

Qatar apartment rents fall 17% in 2009

Retail
Statistics authority report also sees consumer price index drop by 3.6% since Jan.

Qatar apartment rents fall 17% in 2009

Saturday, 26 September 2009

Qatar gold demand down after Eid despite price fall

Retail
Gold rates in Doha market had come down to of $32 on Friday post Eid.

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SPOT POLL

Have you cut back your spending on groceries amid the downturn?

Actually, I’ve reduced my spending on everything… food, clothes, going out – the lot.
I’ve swapped to non-brand food items, and always look for special offers, but that’s it.
No, I’m spending the same.
No way, it's champers and caviar for dinner every night!
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READER COMMENTS

Reader Comments (24 hrs)

  1. UAE grocery sales growth slumps in 2009 1
    25 Nov ' 09 at 09:20
    When the income is not increasing, and the expenses are going up, it is natural for the people to reduce their purchases. Though the...   More  »

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