Oman Investment Authority (OIA), the sovereign wealth fund of the sultanate, has announced that it has acquired a stake in the artificial intelligence company XAI owned by celebrity billionaire Elon Musk. The company also holds shares in Musk's SpaceX.
Dubai Festivals and Retail Establishment (DFRE), part of the Dubai Department of Economy and Tourism (DET), has unveiled its 2025 Retail Calendar, featuring an incredible line-up of citywide events and activities.
Gias Srl, a leading Italian company in the frozen food industry, has partnered with Swisslog to construct an advanced automated warehouse for frozen, semi-finished and finished products.
GCC’s airport retail sector is experiencing unprecedented expansion, fuelled by increasing passenger traffic, growing tourism and significant investments in airport infrastructure, said a leading player in luxury retail fit-out sector in the Mena region.
Zid, Saudi Arabia's leading commerce enablement platform, has unveiled ‘Total Commerce’ - a unified ecosystem redefining digital retail - at Ripple 2024, the company’s flagship event held at JAX District in Diriyah, Riyadh.
As India emerges as the world’s fastest-growing market for luxury goods, a new era of opportunities is unfolding for retailers and e-commerce platforms across the Gulf Cooperation Council (GCC).
Grandiose, the UAE’s homegrown supermarket brand, has announced the opening of its 44th store, marking an exciting new milestone, with its first store in Al Ain.
Dubai’s annual CPI (consumer price index) inflation rate accelerated to 3.0% y/y in November, up from 2.4% the previous month.
Oman is preparing to host its first ever Russian circus show at the iconic Mall of Muscat.
Italian luxury fashion brand Dolce&Gabbana has opened a new luxury centre at Bujairi Terrace in Diriyah, featuring a boutique and café. Drawing inspiration from Italy’s rich culinary tradition, DG Caffè features a curated menu tailored to Saudi tastes.
