City Centre Bahrain, the premier shopping, entertainment and lifestyle destination in the kingdom, has announced a week of vibrant celebrations from December 13 to 17 to mark Bahrain’s National Day.
Food delivery company Talabat Holding’s shares lost ground plunging nearly 7% in the morning session after its $2 billion initial public offering (IPO) in Dubai, adding to a slate of recent disappointing debuts for listings in the Middle East.
Diriyah Company is collaborating with Apple on the planning of a future iconic store in Diriyah, The City of Earth, marking a significant milestone in the retail and lifestyle offering of the Diriyah project.
Parsons Corporation said it has secured a three-year contract from the Royal Commission for Riyadh City for all new major road development programmes in the Saudi capital. The PMO services deal covers 500km of new and improved road corridor works.
Line Investments & Property has unveiled its next-generation Visa-powered Laka Gift Card with groundbreaking features that elevate the gifting experience. In a first for the GCC region, shoppers can now personalise their cards with video messages.
Saudi retail brand partner Cenomi Retail has reopened Zara store in the new concept at Al Nakheel Mall in Riyadh. The store, which has 3000 sq m commercial surface, boasts the Infinity stone texture finish and brushed stainless steel portal ceilings.
The iconic annual Dubai Shopping Festival (DSF) takes citywide celebrations to dazzling new heights, kick-starting the festival’s greatest, most phenomenal, and out-of-this-world 30th anniversary edition.
Tanishq, one of the leading jewellery brands in India, has announced the opening of its flagship boutique in the Dubai Gold Souk Extension. Spanning a 5,000 sq ft area, the outlet, its 13th in GCC, is the brand’s largest showroom in the UAE.
Dubai Duty Free has recorded sales of $1.94 billion up to the end of November, and it is on course to hit its target in excess of $2 billion for the year.
On the back of robust retail spend growing at over 7% CAGR in the Middle East and Africa (Mena) region, the leather and footwear market is poised to harvest a windfall growth of nearly $28 billion in the next five years.
