UAE petrol prices remain unchanged after Fuel Price Committee reveals June fill-up costs
Retail
Abu Dhabi
Eid Al Adha 2025 dates announced; UAE petrol prices change; new tax rule revealed; Dubai real estate tokenisation – 10 things you missed this week
UAE petrol prices, Eid holiday dates, tax rules and more top news stories this week
3 Day Super Sale
Dubai to host 3 Day Super Sale
Massive discounts and retail promotions promised at Dubai 3 Day Super Sale
alternative investment fund
Bahrain’s Investcorp sells entire stake in Indian retailer Citykart
Alternative investment firm Investcorp sells entire Citykart stake to TPG NewQuest and A91 Partners
Abu Dhabi
UAE petrol prices to change for June 2025
UAE petrol prices have remained stable in recent months, but could change this week
BNPL
UAE malls in ‘non-prime’ areas could face pressure from Chinese goods diversion amid U.S. tariffs
UAE retailers are preparing for significant changes in 2025 as global trade tensions and evolving payment preferences reshape the regional shopping landscape
DSF
Dubai Summer Surprises 2025 dates revealed
Dubai Summer Surprises returns with 66 days of sales, offers, events, promotions and activities
AI in shopping
GCC retail sector to pass $390bn by 2028; how can businesses thrive in a ‘phygital’ world?
Retailers in the GCC need to adopt a mix of physical and digital sales to prosper in coming years
E-commerce
UAE e-commerce market to pass $13.8bn by 2029
UAE leading the MENA e-commerce market as it adopts modern payment and retail trends
Emirates NBD
Emirates NBD launches new credit card with Majid Al Futtaim offering 8% rewards
New credit card links to more than 5,000 stores, providing rewards on purchases both within and outside Majid Al Futtaim’s retail network
Artificial intelligence
UAE sees sharp rise in AI-assisted shopping with 70% adoption rate: Report
UAE retailers are responding to this trend, with 41% planning to invest in AI to support sales and marketing efforts over the next 12 months
consumer behaviour
Labubu: What the ‘Monster’ doll says about modern consumerism, emotional spending, social media hype
From teens to fashion enthusiasts and collectors, the ‘monster’ doll has gone viral around the world with influencers, celebrities seen sporting these collectibles on luxury handbags, cars and homes
Ajmal Perfumes
Dubai-made perfumes drive UAE’s rise in global luxury fragrance market
The perfume market has also prompted a spate of high-value investments and expansion plans by some international players in the country
E-commerce
Trendyol, Zid join forces to grow revenue for SMEs in Saudi Arabia and UAE
Trendyol and Zid’s partnership provides Saudi and UAE merchants with tools to scale operations, reach new customers, and grow online
beauty business
EXCLUSIVE: Unilever boosts investment, plans major push into premium beauty business in Middle East and beyond
Global FMCG giant outlines strategic plans to tap booming beauty demand across the Middle East, Turkey, Pakistan, and Bangladesh
Lulu
Five new stores push Lulu’s Q1 revenue to $2.1bn, up 7.3% YoY
EBITDA grows 6.4% to $214.1 million; EBITDA margin at 10.3%; Net profit reaches $69.7mn, up 15.8%; Net profit margin at 3.4%
Saudi Arabia
New stores propel Spinneys’ Q1 revenue to all-time high of $246.7mn, up 11.3%
Growth driven by increase in like-for-like sales, new store openings, increase in online sales and higher Fresh and Private Label sales