Friday 28 October 2016

Al Meera posts 6.2pc rise in profit

Al Meera Consumer Goods Company has reported a gross profit of QR313.9 million ($86.21 million) for the third quarter of this year, an increase of 6.2 per cent compared to QR295.5 million ($81.15 million) posted during the same period last year. The group’s gross shops rent


Cityland to build first nature-inspired mall in Dubai

Cityland Group, the inventors of key attractions - Dubai Miracle Garden and Dubai Butterfly Garden, has announced plans to build Cityland Mall, a 2.2 million sq ft nature-inspired mall, said to be the world's first to feature botanical wonders. Scheduled for launch in the sec


GCC retail Industry expected to grow by 7pc to 12pc

Retail industry in the GCC is expected to see yearly growth of between 7 to 12 per cent on the back of expansions in leisure facilities like theme parks, new malls, as well as mega events like Expo 2020 and Fifa World Cup 2022, say experts.   International and local designing


Apple’s iPhone sales drop 5.2pc to 45.5m

Apple said it sold 45.5 million iPhones during its fiscal fourth quarter ended September 24, 2.5 million fewer than a year earlier, refelcting a fall of 5.2 per cent. Apple’s earnings came in at $9.01 billion, or $1.67 per share in the fourth quarter, down from $11.12 billi


Tamdeen leases 70pc retail space at new Kuwait mall

Tamdeen Group, a leading mixed-use property developer in Kuwait, has reported that 70 per cent of the retail spaces has been leased out at its super-regional shopping destination, Al Kout Mall. The Kuwaiti developer plans to have 260 stores in the new mall, which is part of the o


Images awards recognises top retailers

The 2016 Images RetailME Awards, which recognise Middle East’s best retailers, were presented at a gala ceremony held at the Conrad hotel Dubai, UAE. The awards recognise excellence across a range of retail categories, turning the spotlight on the best performing retailers


Smartphones dominate UAE handset market

More than 77.8 per cent of all handsets registered on the UAE’s networks during the second quarter (Q2) of the year were smartphones, according to data released by the Telecommunications Regulatory Authority (TRA). The TRA has revealed statistics for Q2 2016 on the nation’s


OLED TV 'new growth engine in TV technology'

OLED TV is expected to dominate the next-generation television market and is forecast to emerge as the new growth engine in the sector, industry experts have been quoted as saying. What distinguishes OLED TV from other TV technologies is that OLED has the ability to turn each ind


World's fastest street bike set for UAE expo debut

The world’s fastest street legal production bike - MTT 420 RR (Race Ready) - will be showcased at the Big Boys Toys, the region’s premier luxury, innovations and technology expo, which opens in the UAE capital next month. The seventh edition of the event will bring to


Karl Lagerfeld opens first store in Bahrain

Karl Lagerfeld, a leading international fashion house, has announced the opening of its first store in Bahrain in the CityCentre Bahrain, Manama. The impressive retail centre, spread over 158,000 sq m, is Bahrain’s largest leisure and entertainment destination. The first

 1 2 > 

calendarCalendar of Events