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
GMG
Latest in GMG
Dubai
Monoprix opens second location at Nakheel Mall, Palm Jumeirah
The Nakheel Mall outlet is part of the company’s plan to build the ‘Monoprix’ brand in the UAE and grow its physical footprint
GMG
JD Sports to open in UAE, Saudi Arabia, retail giant GMG announces
JD Sports will open around 50 stores by 2028, including in the UAE, Saudi Arabia, Kuwait and Egypt
Dubai
Emirates Flight Catering, GMG partner to launch ready-to-go meals
The partnership will see the launch of an exclusive range of high quality meals
customer experience
Dubai’s Sun & Sand Sports announces major expansion plan in Malaysia, Singapore
The upcoming Sun & Sand Sports stores will run operations over the course of the next 36 months, GMG said in an emailed statement
Abdulaziz Hassan Ali Baker
Sun, Sand and Success
Mohammad A. Baker has transformed GMG from a Dubai-based sports retailer into a multi-billion-dollar global well-being company. With a presence in 12 countries, over 600 stores and more than 9,300 employees, the company has grown into a global powerhouse that has ambitions to be active in every major world city within ten years. In a rare interview, the Deputy Chairman and CEO explains how
food industry
UAE food giant GMG opens 4 new factories in Dubai
UAE’s GMG set to open four new food factories in Dubai
Dubai
Dubai’s GMG announces massive Egypt expansion
The group plans to open 100 stores across Egypt and add more than 1000 jobs in the market
Dubai
Retail giant GMG buys aswaaq from Investment Corporation of Dubai
The buyout will bolster GMG with 11 community malls, 22 supermarkets, and 800 employees
GMG
UAE’s GMG to open 100 stores in Southeast Asia by 2025
UAE retail group establishes its Asian headquarters in Malaysia as it eyes major expansion
ecommerce
Localisation key to unlocking UAE e-commerce opportunity
Homegrown retailers have an advantage international competitors lack
Emirati business
Emirati-owned retailer bets big on $14 billion Himalayan pink salt industry
Aside from the new factory in Jebel Ali, GMG is also planning to build production lines for herbs and spices to be completed by early 2023
AB In Focus
AB Talks: How the retail landscape is set to transform in the post-pandemic world
Reducing friction for customers, enhancing brand presence and improving the shopping experience are key to the future of retail, Kapil Sethi, group deputy CEO, GMG, tells Arabian Business
Dubai Holding
GMG acquires 18 Géant hypermarkets and supermarkets from Dubai Holding’s Urban Foods
In 2021, GMG announced the redesign of its business into four verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods. The Géant acquisition falls under the consumer goods vertical and will bring the firm’s total workforce to more than 700 employees
Brand View
GMG: A new chapter of sustainable growth
Deputy chairman and CEO Mohammad A. Baker reveals how the company continues to put the consumer first, while promoting a healthier lifestyle globally
Egypt
UAE retail major GMG plans to open 100 stores in Egyptian push
GMG CEO says he sees Egypt expansion as a ‘compelling gateway’ into North Africa