Monday 18 February 2019

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


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


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


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


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


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


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


Majid Al Futtaim to launch AI-powered platform

Majid Al Futtaim, in collaboration with I.AM+, has announced that the AI-powered Omega platform will be rolled out for the first time in English and Arabic through Majid Al Futtaim’s Carrefour and Vox Cinemas brands in the Middle East. Majid Al Futtaim is a leading shopping


Majid Al Futtaim Retail wins global SAP award

Majid Al Futtaim’s flagship retail brand Carrefour recently received SAP’s award “International Omni-Channel Transformation of the Year - South EMEA.” Hani Weiss, CEO - Majid Al Futtaim Retail received the award, joined by SAP’s global strategic part


Max unveils Spring collection in Saudi Arabia

Max Fashion, a leading value fashion brand in the region, has welcomed the new year in Saudi Arabia with a showcase of its Spring 2019 apparel collections.    The new collection will focus on design and value to create clothes and accessories that identify

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