Tuesday 25 June 2019

Carrefour to sell 80pc stake in China business

Carrefour Group has signed an agreement to sell an 80% equity interest in Carrefour China to Chinese Group Suning.com The transaction, which will be paid in cash, values Carrefour China at an enterprise value of €1.4 billion ($1.6 billion). With a presence in China dating ba


Al Salam Bank offers cash back chance on cards

Al Salam Bank-Bahrain, a pioneering Shari’a-compliant bank in the kingdom, has announced the launch of a new summer offer on its range of Visa credit and prepaid cards.    Running from June 18 to August 31, the campaign offers 10% cash back to the top


Malls in Dubai to kick off DSS with 12-hour flash sale

Shoppers in Dubai are in for a treat this weekend as Majid Al Futtaim's malls across the emirate are kicking off Dubai Summer Surprises (DSS) with an exclusive 12-hour flash sale offering discounts of up to 90 per cent. Mall of the Emirates, City Centre Mirdif, Deira, Me&rsqu


Golden Scent launches new AR feature for beauty lovers

Golden Scent, the leading Saudi Arabian e-commerce beauty platform, is the first in the Middle East to launch a one of a kind “Augmented Reality” feature on its Android and iPhone app. Branded as Virtual Try-On, the feature enables shoppers to try on makeup without th


Ajman’s China Mall logs over 1m shoppers in Q1

Ajman’s China Mall (Gulf Chinese Trading Corporation) recorded one million visitors during the first quarter of 2019, continuing to thrive with a 90 per cent occupancy rate. Ten percent of visitors were tourists, with the remainder coming from the Emirate itself or the neig


LG unveils world’s first 1 millisecond IPS gaming monitor

LG Electronics has unveiled the world’s first 1 millisecond (ms) IPS display for gaming monitors. The new LG UltraGear Nano IPS NVIDIA G-SYNC gaming monitor, launched at this year’s E3 event in Los Angeles, US, is a gamer’s dream come true, employing Nano IPS te


Samsung top brand in Asia for 8th straight year

Samsung Electronics has been named the best brand in Asia in 2019 for the eighth year in a row, according to results from ‘Asia’s Top 1000 Brands’ annual online survey conducted by Campaign Asia-Pacific in collaboration with Nielsen. The ranking – which ag


Oman’s retail sector ‘targeting youth’

Oman’s real estate market continues to be heavily impacted by its young demographic, with retailers, in particular, actively tailoring their offerings to meet the needs of the Sultanate’s youth, according to JLL, a top real estate advisory firm. Developers are increas


Bahrain's Seef Mall kicks off Summer Splash promotion

Kicking off the hottest season of the year with a splash, Seef Mall, the leading family shopping and entertainment destination in the Kingdom of Bahrain, is hosting a "Summer Splash" event in the west wing of Seef Mall-Seef District. The promotion, which began at the start of


Abu Dhabi, Al Ain malls hold 24-hour Eid sales

Shoppers in Abu Dhabi and Al Ain were able to purchase their favourite products at unbeatable prices across eight malls during the round the clock 24-hour sales festive Eid sales in a collaboration between DCT Abu Dhabi and Line Investments & Property. Wajeb Al Khoury, direct

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