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GCC retail sales seen hitting $270bnRetail sales in the GCC are expected to grow at a CAGR of 7.7 per cent between 2011 and 2016 to reach $270.3 billion by the end of the forecast period, a report said. Food retail sales are anticipated to expand at a CAGR of 8.8 pe More… |
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PE firms buy key stake in Saudi food groupLevant Capital, an investment firm focused on regional private equity investments and Citi Venture Capital International (CVCI) said they have jointly acquired a controlling stake in Saudi-based Al-Raya For Foodstuff Company for $100 million. More… |
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PE firms buy key stake in Saudi food groupLevant Capital, an investment firm focused on regional private equity investments and Citi Venture Capital International (CVCI) said they have jointly acquired a controlling stake in Saudi-based Al-Raya For Foodstuff Company for $100 million. More… |
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India suspends foreign supermarket entryIndia's government has put on hold its decision to open the country's $450 billion supermarket sector to foreign firms such as Wal-Mart Stores. The decision came after a meeting of ruling coalition and opposition political parties in New D More… |
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India throws open $450bn retail sectorIndia has thrown open its $450 billion retail market to global supermarket giants, approving its biggest reform in years that may boost sorely needed investment in Asia's third-largest economy. The world's largest retail group, Wal More… |
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Shoppers returning to Bahrain mallsLife is slowly returning to normal in Bahrain's most popular commercial area after seven weeks of disruption. Shoppers and film-goers are starting to return to the Seef District, which was among the areas hardest hit by a month of prot More… |
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New Bahrain mall timings as curfew relaxedA number of malls around the country have announced new timings in light of relaxed curfew hours. The curfew extends from the Seef Flyover to the traffic light before the Shaikh Isa bin Salman Al Khalifa Causeway from 11pm to 4am. More… |
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Bahrain malls extend opening hoursSome of Bahrain's most popular malls have extended their opening hours to fall in line with latest curfew status for the Seef area. From yesterday, Seef Mall, Bahrain City Centre, Dana Mall and Bahrain Mall were open until 7pm daily. More… |
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Bahrain malls to remain closedSome of Bahrain's most popular shopping malls will remain closed for a third successive day today as a result of the continuing unrest. The Bahrain City Centre, Bahrain Mall, Marina Mall and Dana Mall were all closed yesterday, while S More… |
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Bahrain shopping malls remain closedSome of Bahrain's most popular shopping malls were shut down yesterday as a result of the ongoing unrest around the country. Bahrain City Centre, Bahrain Mall, Marina Mall and Dana Mall were all closed. However, the Seef Mall w More… |
