Sunday 26 June 2016
 
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Reem Mall seals partnership deal with Carrefour

Reem Mall, Abu Dhabi’s new up and coming entertainment, dining and shopping destination, has today announced Carrefour as the Hypermarket operator in the $1-billion project located on Abu Dhabi’s master planned development Reem Island. Carrefour, operated by Majid Al

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Qatar fund to buy French fashion brand for $522m

Valentino owners, the Qatari Mayhoola investment fund, are set to acquire the French luxury fashion label Balmain this week for more than 460 million euros ($522 million), three sources with first-hand knowledge of the matter said. The deal, which could be announced later in the

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Daxium launches customer feedback app

French-based Daxium, a global world leader in business mobile solutions, has launched an app for the Middle East region which enables any company to improve its business by taking into account their customer’s feedback. The Click&Smiles app is aimed at companies and org

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Investcorp buys majority stake in luxury brand Corneliani

Investcorp, a global provider and manager of alternative investment products, has reached an agreement with the Corneliani family to acquire a majority stake in the luxury Italian menswear specialist Corneliani for an enterprise value of approximately $100 million. As part of the

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Millennials are ‘unstructured shoppers’: new study

Millennials are found to be unstructured shoppers that shop frequently and for a long period of time. When shopping for groceries, Millennials’ shopping missions are for immediate needs only, found a study on their buying behaviours. The same study found that Millennials are less

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Panasonic unveils latest ultra wide-angle lens

Electronic technologies giant Panasonic has unveiled an ultra wide-angle and high-speed single focal length lens which, the company says, will meet any professional needs and produce high image quality. The Leica DG Summilux 12mm/F1.4 ASPH. lens for Lumix G Digital Single Lens Mirrorle

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Sahara Centre announces Ramadan and summer promotion

Sahara Centre,a popular retail and leisure destination in Sharjah, UAE, is going all out with a bounty of first-rate prizes at this year’s Ramadan Summer Promotion. The outlet has announced the details of its annual event, which runs from June 6 to August 21, with the progr

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