Tuesday 19 March 2024
 
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personal care

Mena personal care sector set for 8.5pc growth: study

The beauty and personal care industry in the Mena region, valued at $15.9 billion, is set to grow twice as faster than the rest of the world with a compound annual growth rate (CAGR) of 8.5 per cent in the next three years, a report said.

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Dubai apparel, footwear market to top $13bn this year

Dubai’s market for apparel and footwear is estimated to reach $13.5 billion this year, and is on track to grow at a CAGR of 6.6 per cent until 2020, when sales are forecast to hit $17 billion, a report said. The market, esti

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Abraaj invests in major personal care firm in Tunisia

The Abraaj Group, a leading investor operating in global growth markets, has announced the acquisition, through its second generation North Africa Fund (ANAF II), of a stake in Société d’Articles Hygiéniques (SAH), a l

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Abraaj invests in major personal care firm in Tunisia

The Abraaj Group, a leading investor operating in global growth markets, has announced the acquisition, through its second generation North Africa Fund (ANAF II), of a stake in Société d’Articles Hygiéniques (SAH), a l

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Unilever breaks ground on new factory in Dubai

Unilever, one of the world’s leading FMCG (fast moving consumer goods) companies, has initiated the ground-breaking work of its new personal care manufacturing site located in Dubai Industrial City (DI), UAE. The new facilit

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Unilever breaks ground on new factory in Dubai

Unilever, one of the world’s leading FMCG (fast moving consumer goods) companies, has initiated the ground-breaking work of its new personal care manufacturing site located in Dubai Industrial City (DI), UAE. The new facilit

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Magiff offers franchising schemes in Saudi

Global personal care brand Magiff has launched new business franchising schemes in Saudi Arabia, targeting the kingdom’s growing retail beauty sector. “We are pleased to launch an innovating franchising scheme for the

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India's Marico to raise $97.8m via share sale

Indian consumer products maker Marico Ltd said on Saturday it plans to raise Rs5 billion ($97.8 million) from the sale of 29.41 million shares to two private equity investors at Rs170 each. On Tuesday, Business Standard reported Marico pla

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Henkel Arabia launches 2 new products

Henkel, a leading provider of home care, personal care and adhesive technology products, has launched a new laundry and an insect-control solution for households across the GCC. The innovative products include the laundry solution Persil G

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Halal-based ME cosmetic market worth $560m

The market size for halal personal care products in the Middle East is estimated to be worth approximately Dh2.06 billion ($560 million) annually, according to a recent survey. The UAE alone counts for about Dh551 million ($150 million) an

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