Thursday 25 December 2014
 
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Hypermarket

LuLu opens new hypermarket in Riyadh

Middle East retail major LuLu Group opened its newest hypermarket in Riyadh, further boosting its retail presence in Saudi Arabia, a report said. The 112th Lulu Hypermarket was inaugurated by Prince Saud bin Abdullah in the presen

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Majid Al Futtaim 2013 revenue soars to $6.3bn

Dubai-based Majid Al Futtaim, a leading shopping mall, retail and leisure pioneer in the region, said its overall group revenue increased 10 per cent year-on-year to hit Dh23 billion ($6.3 billion) in 2013. Announcing its results

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Géant opens 2nd supermarket in Abu Dhabi

Fucom, a leading GCC retailer, has opened its second supermarket in Abu Dhabi under the French hypermarket Géant franchise today (December 19). The launch marks the realization of Fucom’s aggressive growth strategy, w

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LuLu plans 3 more hypermarkets in Bahrain

UAE-based LuLu Group will open three more hypermarkets in Bahrain and also make a foray into the kingdom’s healthcare sector, its managing director said. Yusuffali said the group had many more interesting projects in the pip

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Citibank, Carrefour offer shopping scheme

Citibank Bahrain has announced a key partnership with Carrefour, a major hypermarket at Bahrain City Centre, to offer the bank’s cardmembers a unique shopping facility. As part of the offering, Citibank credit card members c

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Al Meera eyes capital boost through rights issue

Qatar-based consumer goods company Al Meera, the franchise for French retailer Casino's Geant hypermarkets in Qatar and Oman, aims to double its capital base from QR100 million to QR200 million  ($27.4 million to 54.8 million) through i

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Géant hypermarket set to open in Doha

  The first Géant hypermarket will open in Qatar at Hyatt plaza in Doha on February 24, according to an announcement from Al Meera Consumer Goods Company.    The opening of Géant

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Qatar retailer Meera plans $261m rights issue

Qatar's Al Meera Consumer Goods, the franchise for French retailer Casino's Geant hypermarkets in Qatar and Oman, will begin a rights issue at the end of January to double its paid-up capital, a statement said on Sunday. T

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Al Meera unveils big regional expansion plan

Qatar-based Al Meera Holding Company said it has plans to run 38 outlets - including hypermarkets, supermarkets and convenience stores - in Qatar and Oman as part of its agressive expansion strategy besides operating 100,000 sq m of retail space

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Alargan launches $28m Bahrain project

Alargan Bahrain, a leading developer in the Kingdom, has announced the launch of the commercial part of its key project, Joyoun Al Qaryah with a total investment of BD11 million ($28.3 million). The Joyoun Al Qaryah project, locat

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