Sunday 21 December 2014
 
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Luxury retail consumption up 11pc in ME

The luxury retail channel in the Middle East went up by 11 per cent in 2014, fuelled by the growth in tourism as well by a large number of mall openings throughout the GCC region, a report said. The Middle East ranks in the top 10

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Middle East among top 10 global luxury markets

The Middle East ranks in the top 10 list of global luxury markets, a report said, adding that regional consumption went up by 11 per cent in 2014, fuelled by the growth in tourism as well by a hike in the number of new malls in the GCC.

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Mobiles affecting shopping decisions in Mena

About 90 per cent of mobile Internet users in Saudi Arabia and UAE, and 60 per cent in Egypt have used their phone while in store to check prices, product reviews or ask friends for advice, a report said. Around 81 per cent and 44

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Emaar shareholders to get shares in malls IPO

Dubai's Emaar Properties said that its existing shareholders will be allocated one share in its malls unit initial public offering (IPO) for every 36 held in the parent firm. Shareholders can buy the shares in Emaar Malls Grou

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Emaar malls unit IPO to open on Sept 14

Emaar Properties, a leading developer based in Dubai, UAE, will launch the initial public offer of its shopping malls and retailing unit on September 14, and will list the subsidiary on Dubai's main stock market on October 2, the company sai

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Emaar malls unit IPO to open on Sept 14

Emaar Properties, a leading developer based in Dubai, UAE, will launch the initial public offer of its shopping malls and retailing unit on September 14, and will list the subsidiary on Dubai's main stock market on October 2, the company sai

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Qatar retailer to open 8 new malls

Al Meera, a leading retail chain in Qatar, said work was on track for the opening of all the eight new malls in the country by the end of this year. The company officials announced this at the launch of its new branch in Legtaifiy

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Saudi mall owner Othaim plans sukuk

Saudi Arabia's Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, plans to issue its debut local currency sukuk as early as this month, two sources aware of the matter said on Sunday. Also kn

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Oman City Centre malls to open Vox Cinemas

Two City Centre malls in Oman will debut VOX Cinemas in the sultanate with a total of 17 new screens next month. The first time appearance of VOX Cinemas in the sultanate is part of Majid Al Futtaim’s major redevelopment inv

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Oman City Centre malls to open Vox Cinemas

Two City Centre malls in Oman will debut VOX Cinemas in the sultanate with a total of 17 new screens next month. The first time appearance of VOX Cinemas in the sultanate is part of Majid Al Futtaim’s major redevelopment inv

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