InstaShop is now a wholly owned subsidiary of talabat and will be consolidated into its financial accounts from February 25, 2025
Retail
halal food market
Al Watania Poultry, Halal Devco join forces to boost Saudi Arabia’s poultry exports
The initiative will aim to expand Saudi poultry exports to new global markets
Dubai
UK retail giant Sports Direct to enter MENA markets in major GMG partnership
Neither company disclosed financial terms of the agreement or specific store opening targets, though the partnership will span multiple countries including Gulf nations and Egypt
Abu Dhabi
UAE announces March 2025 petrol prices
UAE reveals petrol price fluctuations for March 2025
Ramadan
UAE shoppers to spend $10bn in retail sector during Ramadan this year: Study
Increased spending, economic optimism, and Ramadan coinciding with spring and Mother’s Day are key retail drivers
Abu Dhabi
Multiply Group makes first European move with 67.91% stake in Tendam
The second-largest Spanish apparel group will anchor Multiply’s new vertical; With 1,800 PoS, Tendam generated annual sale of $1.47bn
Abu Dhabi
UAE petrol prices to change for March 2025
UAE petrol prices increased in February following two months of frozen prices
Ministry of Economy
UAE launches real-time price tracking for eggs, rice, bread, dairy and more
UAE Ministry of Economy will track prices of essential goods
Brazil
Tanmiah, Vibra forge halal food alliance to boost Saudi-Brazil poultry trade
The partnership encompasses several avenues of collaboration, including potential investment in the processing business and the creation of a global Halal brand rooted in Saudi Arabia
acquisition
Agthia increases its stake in Egyptian healthy snacks company to 80%
Abu Auf has opened more than 100 stores and increased EBITDA by over 70% in AED terms over the past two years
Dubai F&B
Dubai Industrial City attracts over AED 350mn in F&B investments in 2024
More than 25 F&B customers leasing 1.7 million sq.ft. of high-quality spaces joined Dubai Industrial City’s ecosystem last year
Huda Beauty
Mona Kattan leaves Huda Beauty
The beauty influencer and Dubai Bling star will continue her role as Kayali CEO
