Agthia Group announces net revenues of AED795m for the third quarter of 2021, up 62% versus the year-earlier period
UAE retail sector
consumer spending
Digital payments major sees revenue boost as UAE consumer spending recovers
Network International says it is ‘on track’ to launch services in Saudi Arabia in early 2022
beauty and skincare
UAE beauty brands eye growth possibilities after merger
Bedashing and Tips & Toes merge under agreement between Multiply Group and Ben Suhail Group
consumer spending
Amid ‘cautious optimism’, UAE retail market maintains strong recovery in Q2 2021
Driven by the steady economic recovery, confidence in the UAE’s retail sector is on the rise, according to a new report by Majed Al Futtaim
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digital payments
UAE unveils more regulations to drive new era in digital payments
Central Bank of the UAE introduces a licensing regime for payment service providers operating in the country
abu dhabi retail
The changing spending habits of UAE consumers as pandemic continues
Kearney survey says increased vaccinations and continued protective and social distancing measures are key to rebuilding consumer confidence
AI in shopping
Optimism grows as UAE’s retail sector shows ‘promising signs’ in early 2021
Majid Al Futtaim boss says there is a ‘renewed sense of optimism’ that retail in the UAE will effectively recover from pandemic shock
Abu Dhabi Shopping Seasons
Abu Dhabi sees retail consumer confidence return
Seventeen percent year-on-year increase recorded in the total number of Visa card transactions made during Retail Abu Dhabi’s winter season shopping event
Dubai retail sector
New extension set to open at Sharjah shopping mall
Sahara Centre on the road between Dubai and Sharjah says new extension is scheduled to open during Q2
Dubai retailers
Dubai retailer KOJ acquires Body Shop business in the UAE
Kamal Osman Jamjoom Group announces acquisition of The Body Shop Stores (UAE)
consumer spending
UAE retail sales expected to hit $58 billion this year
Sales are expected to grow by 13%, supported by pent-up consumer demand, Covid-19 vaccination efforts and Expo 2020 Dubai
Albwardy Investments
60 years on: from ‘The Frozen Chicken’ to Spinneys
From one shop in Deira in 1961, the supermarket brand now operates 65 outlets across the UAE
Dubai retail sector
Indian eyewear major plans Gulf debut, eyes $250m business by 2025
Lenskart, the largest eyewear retailer of India, has announced $50m investment in the Middle East, plans to open its first retail store in Dubai
MAF
CEO of Dubai retail giant sees ‘better and faster’ rebound from virus blow
Local and digital are the new normal, says Majid Al Futtaim boss Alain Bejjani
Babyshop
How one of the region’s leading retail brands is adapting to stay ahead
What do you do when a global pandemic threatens to shut your shops? Work twice as smart on finding new ways to ensure you reach your customers, says Ruban Shanmugarajah, CEO of leading retail concept, Lifestyle