Wednesday 20 February 2019
 
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Bahrain retail sector posts solid growth in Q1

Bahrain continues to witness growth in development and investment in the retail sector, according to new data released by global real estate consultancy firm CBRE.    Total retail stock in the regional and super -regional mall category in Bahrain stood at 8

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Majid Al Futtaim digitizes Carrefour with SAP

Dubai-based Majid Al Futtaim, a leading retail chain in the Middle East, is digitally transforming its Carrefour brand with global technology company SAP. Carrefour now has one digital platform that integrates over 100,000 products on its website, in-store kiosks and tablets, and

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Union Coop to float tenders for UAQ mixed-use project

Union Coop, the largest consumer co-operative in the UAE, has announced that it will be floating tenders in July for the 191,742-sq-ft Umm Al Quwain Coop Project, a mixed-use development coming up in the northern emirate.     The announcement comes following the ap

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F&B retailers must have appetite for tech, says expert

Supermarkets and hypermarkets must capitalise on technological developments and create the perfect mix of instore and online offerings to meet consumer demand if they are to remain the dominant force in a rapidly evolving food and beverage retail landscape, said Ashraf Ali MA, LuLu Group Inte

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Wholesale, retail ‘claim 27pc of Dubai’s GDP’

Wholesale and retail commerce are primary economic engines for Dubai, contributing to nearly 27 per cent of the emirate’s GDP, said Hamad Buamim, president and CEO of Dubai Chamber. Addressing delegates at the on the first day of The Retail Summit 2019 in Dubai, he added th

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The Retail Summit opens in Dubai

The Retail Summit officially opened in Dubai today with a welcome address by Hamad Buamim, president and CEO, Dubai Chamber Of Commerce & Industry. Virgin Group founder Sir Richard Branson took to the stage on the first day as headline speaker at the new event, which runs unt

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Emaar Malls posts 7pc jump in 2018 net profit

Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, has registered a full-year 2018 net profit of Dh2.23 billion ($607 million), up 7 per cent over the previous year's figure of Dh2.08 billion ($568 million). Announcing the results for FY 2

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Canon unveils new 4K projector

Canon has announced the development of a new 4K laser projector, achieving higher brightness and higher colour reproduction. Anticipated for market release on March 19, as a part of Canon’s commitment to further support systems integrators with creative installations, the n

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Blackjack Mena partners with The Retail Summit

Blackjack Mena powered by Dulsco is making its first official public debut to industry peers at The Retail Summit running on February 13 and 14 in Dubai, UAE. Blackjack Mena is a recently formed joint venture between international travel retail staffing specialists Blackjack Prom

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Mall of the Emirates rolls out WeChat Pay service

Dubai's Mall of the Emirates has introduced WeChat Pay, the integrated payment feature in one of the world’s largest standalone super app WeChat, making it easy and convenient for Chinese visitors to make cashless transactions at the mall. The mall has also become the f

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