Wednesday 20 September 2017
 
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Alshaya takes key stake in e-commerce firm Noon

Leading international retail franchise operator M H Alshaya Co has acquired a strategic stake in Noon, the region’s new e-commerce platform. As new investors in Noon, Alshaya joins forces with other prominent Gulf investors.

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Sharjah to develop $816m pedestrian-friendly community

Alef Group, a key UAE-based real estate company, is set to develop a new pedestrian-friendly residential community, ‘Al Mamsha’ at an estimated cost of Dh3 billion ($816 million) in Al Juraina area of Sharjah. Al Jurai

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Marka posts $7m in Q2 revenues

Marka, the first retail-focused company listed on the Dubai Financial Market, has reported total revenue of Dh25.48 million ($6.9million) for the second quarter of the year.  Total losses reported for the period were Dh125.97

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Dubai non-oil sector continues robust growth in July

Dubai’s non-oil private sector maintained robust growth momentum in July, registering gains in overall business conditions with wholesale and retail as the best performing category, according to the latest Emirates NBD Dubai Economy Tracke

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Dubai non-oil sector continues robust growth in July

Dubai’s non-oil private sector maintained robust growth momentum in July, registering gains in overall business conditions with wholesale and retail as the best performing category, according to the latest Emirates NBD Dubai Economy Tracke

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Majid Al Futtaim H1 revenues hit $4.27bn

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer, today announced continued financial growth throughout its business during the first six months of the year. The overall group revenue expanded by

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Makkah real estate sentiment gets a lift in H1

The overall sentiment in the Makkah real estate market was boosted during the first half (H1) of 2017 as the government lifted the quota on Hajj pilgrims despite ongoing major infrastructural work on the Holy Mosque, a report said.

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Data breach a growing concern for retailers - report

Two in five retailers across the globe have experienced a data breach in the past year, according to the 2017 Thales Data Threat Report, Retail Edition, released today. The report, issued by Thales, a leader in critical informatio

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Data breach a growing concern for retailers - report

Two in five retailers across the globe have experienced a data breach in the past year, according to the 2017 Thales Data Threat Report, Retail Edition, released today. The report, issued by Thales, a leader in critical informatio

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Riyadh real estate market ‘softens in Q2’

The real estate market in the Saudi capital Riyadh continued to ‘soften’ in the second quarter, with further declines in performance across the office, residential, retail and hotels sectors, according to JLL, one of the world’

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