UAE-based 2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, has acquired a majority stake in ISEM, a major European packaging group with interests in beauty, fashion, luxury and nutraceuticals, for AED704 million ($192 million).
The UAE maintains strategic reserves of essential goods sufficient to cover market needs for a period ranging between four and six months, Abdulla bin Touq Al Marri, Minister of Economy and Tourism, said.
City Centre Bahrain has announced it will temporarily close as a precautionary measure, with the safety and well-being of visitors, partners, and colleagues cited as the absolute priority, said a report by our sister publication GDN.
Samsung has announced the Galaxy S26 Series, powered by the most intuitive and adaptive Galaxy AI experiences yet, designed to simplify daily tasks, the company said.
Italian luxury furniture brand Miki Ferrari has entered the Middle East market with the opening of its first regional showroom in Sharjah. The new store showcases its contemporary Italian furniture in a warm and welcoming space reflective of its innovative approach to design and craftsmanship.
Talabat Holding, a major online food and grocery delivery company in Mena region, has reported solid growth for FY 2025 with a 28% rise in gross merchandise value (GMV) and a 33% jump in its revenue hitting $3.9 billion. The company is also set to invest over $100 million this year to support long-term growth.
Ali Abdulwahab Al Mutawa Commercial Company (AAW) has announced the reopening of its Rimowa boutique at The Avenues Mall in Kuwait, unveiling a refreshed retail concept that reflects the brand’s German design heritage while offering an elevated shopping experience for customers.
Indian jewellery group Tanishq has announced its foray into Dubai South with its debut store at Ibn Battuta Mall. Spanning 2,000 sq ft, the new outlet represents a key addition to Tanishq’s growing retail network and reflects the pace at which the brand is boosting its presence across the emirates.
Ali Abdulwahab Al Mutawa (AAW), the exclusive distributor of Nolte Kitchen in Kuwait, has relaunched its Express Kitchen showroom, thus introducing the brand’s new visual identity in the country. The renovated space features the German brand's latest innovative kitchen solutions.
Alibaba Group on Monday opened “Alibaba Wonder on Ice” (AWI), an interactive public installation in Milan’s Piazza del Castello Sforzesco, using artificial intelligence and cloud computing to showcase how virtual retail experiences could evolve during the Milano Cortina 2026 Olympic and Paralympic Winter Games.
