Haldiram’s, one of India’s most iconic food brands, has opened its flagship outlet on Sheikh Zayed Road, Dubai, as part of its regional expansion strategy. It will boast a full spectrum of offerings - from handcrafted mithais and savoury snacks to a diverse all-vegetarian dining experience.
Majid Al Futtaim, a leading shopping mall developer and retail and leisure pioneer in the region, said it is deepening its strategic alliance with Alshaya Group, one of the world’s leading brand franchise operators, for a bold new wave of store openings across its regional portfolio.
Cenomi Centres, a leading developer of contemporary lifestyle destinations in Saudi Arabia, said it has signed an agreement with Saudi Downtown Company, a unit of the kingdom's sovereign wealth fund PIF, for the leasing and operation of its new flagship destination in the city of Al Khobar.
Trolley General Trading, a leading convenience-led grocery retailer based in Kuwait City has begun trading on Boursa Kuwait’s Premier Market, raising gross proceeds of KD59.5 million ($195 million). Based on the final offer price, its market capitalisation now stands at KD170 million ($552.6 million).
Sanipex Group has expanded its portfolio with the introduction of its architectural hardware and ironmongery category, offering architects, designers, developers and homeowners a comprehensive and aspirational range of hardware solutions that refine the smallest details within a space.
Gold prices are currently navigating heightened uncertainty trading at around $4,605 per ounce, caught between opposing forces that make it difficult to establish a clear short-term trend. On the one hand, the macroeconomic backdrop in the US has reinforced expectations of higher interest rates for longer.
Diversified sourcing strategies, alternative shipping routes and stronger coordination between logistics providers and government authorities have helped maintain continuity in the movement of essential goods, says Mark Mortimer-Davies, CEO of Choithrams, in an exclusive interview with TradeArabia's Sree Bhat.
Alef Group, a premier real estate developer in the UAE, has announced plans to develop a new community mall within Hayyan, one of its projects in Sharjah, reinforcing the group’s vision of creating integrated destinations that enrich everyday living.
Engie Solutions has secured a contract from global real estate leader JLL to deliver fully integrated facilities management services across the B1 Mall in Dubai. The scope of work includes hard and soft services, security operations and specialist technical systems, including chiller plant maintenance.
Talabat Holding, a leading on-demand online ordering and delivery platform in the Mena region, has announced that its board has recommended a share buyback programme of up to 5% of the company’s issued share capital, to be executed over a period of up to two years.
