Friday 28 August 2015
 
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Marka

Marka hopes to achieve profits next year

Marka, a leading public joint stock retail operator in the UAE, said it will enter profitablity next year, even as it announced a net loss of Dh2.14 million ($584,092) for the three months ending June 30.   The f

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Marka buys franchise for luxury ice-cream brand

Marka, a top company in the retail and hospitality sector in the UAE, has acquired the Middle East franchise operations of luxury ice-cream brand Morelli’s Gelato, in a deal worth Dh31 million ($8.4 million). The acquisition

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Marka buys franchise for luxury ice-cream brand

Marka, a top company in the retail and hospitality sector in the UAE, has acquired the Middle East franchise operations of luxury ice-cream brand Morelli’s Gelato, in a deal worth Dh31 million ($8.4 million). The acquisition

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Marka expects to turn profitable next year

Dubai's Marka, a retail and restaurant start-up that listed on the emirate's bourse last year, expects to turn profitable in 2016, a company official said on Tuesday, pushing back the timeline given earlier. In January, Ma

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Marka buys 65pc stake in UK online retailer

Marka, the first public joint stock company focused on the UAE’s retail sector, has purchased a 65 per cent stake in the UK-based online retailer Icons Shop for Dh15.3 million ($4.16 million). The move makes Marka the first

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Marka buys 65pc stake in UK online retailer

Marka, the first public joint stock company focused on the UAE’s retail sector, has purchased a 65 per cent stake in the UK-based online retailer Icons Shop for Dh15.3 million ($4.16 million). The move makes Marka the first

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Marka launches Cristiano Ronaldo’s footwear collection

Marka, the first public joint stock company focused on retail sector in the UAE, has announced the launch of ‘CR7 Footwear,’ the new exclusive footwear collection from Portugal and Real Madrid top footballer Cristiano Ronaldo.

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Marka buys Al Bawadi restaurant chain for $85m

Marka, a leader in the retail and hospitality sector in the United Arab Emirates, has acquired the award-wining restaurant chain Reem Al Bawadi in a deal valued at Dh315 million ($85.7 million). The move forms part of Marka’

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Marka buys Al Bawadi restaurant chain for $85m

Marka, a leader in the retail and hospitality sector in the United Arab Emirates, has acquired the award-wining restaurant chain Reem Al Bawadi in a deal valued at Dh315 million ($85.7 million). The move forms part of Marka’

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Dubai retail operator posts $2.2m net loss

Marka, a Dubai-based retail operating company, has posted a net loss on Dh8.3 million ($2.28 million) for the three months ending on March 31, not reflecting the recent acquisitions or operational activities. The operational highl

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