Sunday 21 January 2018

UAE online shopping purchases subject to VAT

The UAE Federal Tax Authority (FTA) has confirmed that all purchases made through online shopping portals are subject to the same 5 per cent Value Added Tax (VAT) as any other purchase made through traditional outlets if the products purchased online are received within the emirates, reported


American Girl opens first store in Bahrain

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa, and Asia, has announced that American Girl, a premium doll brand, has officially opened its doors in Bahrain. The new store at City Centre Bahrain is American Girl&r


LG to launch ultrafine 5K display for Mac

LG Electronics (LG) has announced that its UltraFine 5K display catered to Apple users to solve issues of compatibility between the Mac and external displays will be available in the Gulf region in January 2018. Boasting exceptional features for the finest details, LG is striving


Samsung launches Galaxy A8, A8+ in Bahrain

Samsung Gulf Electronics has announced its launch of the Galaxy A8 and A8+ in Bahrain, offering users a stylish design, practical everyday features, advanced camera capabilities, and much more. “The Galaxy A8 and A8+ bring our flagship design features to a classic smartphon


Samsung unveils interactive digital flip chart

Samsung Electronics unveiled a first look into its vision for a “Workplace of the Future” with the unveiling of its new Samsung Flip digital flip chart display at the recent Consumer Electronics Show (CES) in Las Vegas, USA.  Introduced at the company’s Fir


Huawei unveils world’s first 4-camera phone

Huawei Consumer Business Group (CBG) has unveiled a new era of smartphone development with the launch of Huawei Mate 10 lite, the world’s first smartphone with four cameras and a ground-breaking FullView Display in Bahrain.    Featuring industry&rsquo


Cavendish Maxwell in key Souq Extra unit sale deal

Property consultant Cavendish Maxwell said it was jointly mandated by Souq Extra, a UAE retail and mixed-use property developer, for the sale of its community retail centre located at Dubai Silicon Oasis (DSO). The property was acquired by a Nasdaq-listed investor for Dh210 milli


Samsung unveils first 8K AI technology for QLED TV

Samsung Electronics introduced the world’s first 8K AI technology for its new 85-inch 8K QLED TV at its product unveiling of The Wall ahead of the recently concluded CES 2018, which was held in Las Vegas, US. The AI technology based on machine learning analyses content and


Majid Al Futtaim completes Ajman mall expansion

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia region, said it has successfully completed the Dh643-million ($175 million) expansion work at its retail destination, City Centre Ajman. With a gross leasabl


EMEA retail sales to see 3pc growth to $5.4trn

Retail markets in Europe, the Middle East and Africa (EMEA) are estimated to grow approximately three per cent over the next five years to $5.4 trillion in sales, said a new report. Ecommerce is projected to eclipse $1.5 trillion by 2021, added the study entitled “2017 Reta

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