Monday 19 February 2018
 
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Emaar Malls posts 11pc jump in net profit

Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, has recorded a net profit of Dh2.080 billion ($566 million) in 2017, 11 per cent higher than the net profit of Dh1.874 billion ($510 million) during 2016.

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Emaar Malls posts 11pc jump in net profit

Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, has recorded a net profit of Dh2.080 billion ($566 million) in 2017, 11 per cent higher than the net profit of Dh1.874 billion ($510 million) during 2016.

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Moda Mall expands its retail portfolio

Moda Mall, Bahrain’s luxury shopping destination, has announced the leasing of 600-sq-m of retail space with seven new outlets of lifestyle experiences added to its portfolio of mall offerings over the past year. This led to

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Moda Mall expands its retail portfolio

Moda Mall, Bahrain’s luxury shopping destination, has announced the leasing of 600-sq-m of retail space with seven new outlets of lifestyle experiences added to its portfolio of mall offerings over the past year. This led to

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Majid Al Futtaim revenues jump 8pc to $8.77bn

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer, today reported a group revenue increase of 8 per cent to Dh32.2 billion ($8.77 billion) during 2017, while EBITDA increased by 1 per cent to Dh4.2 billion.&nbs

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Majid Al Futtaim completes Ajman mall expansion

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia region, said it has successfully completed the Dh643-million ($175 million) expansion work at its retail destination, City

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Majid Al Futtaim completes Ajman mall expansion

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia region, said it has successfully completed the Dh643-million ($175 million) expansion work at its retail destination, City

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Dubai economy set to grow by 3.5 per cent in 2018

Diversification and the high degree of openness in Dubai along with the positive impact of global trends will boost economic growth in the emirate in 2018 and beyond by 3.5 per cent, according to the Dubai Economic Outlook report.

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Dubai economy set to grow by 3.5 per cent in 2018

Diversification and the high degree of openness in Dubai along with the positive impact of global trends will boost economic growth in the emirate in 2018 and beyond by 3.5 per cent, according to the Dubai Economic Outlook report.

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Lulu opens new hypermarket in Jeddah

Retail giant Lulu Group has further expanded its presence in Saudi Arabia by opening its 11th hypermarket in the kingdom, in Jeddah.    The 142nd hypermarket of Lulu Group, which is also the second outlet in

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