Top Middle East retailers are steadily improving their email security measures, better protecting customers from the potential risk of email fraud.
Ferragamo, an Italian luxury fashion house, has announced the opening of the newly renovated women’s and men’s boutique at Dubai Mall.
Lulu Retail, the largest and fastest growing pan GCC full line retailer, has seen its net profit from continuing operations soar 126% to $35.1 million driven by improved operating profit and better cost management.
Emirates has launched an Emirates World retail store in Manila, Philippines – its first in Southeast Asia. Unveiling an immersive travel experience, the launch marks a milestone in the airline’s commitment to redefining travel retail for its customers.
SAP and Chalhoub Group, a leading luxury retailer in the Middle East, have signed a deal to adopt RISE with SAP, hosted on Microsoft Azure, as part of a broad digital transformation initiative named Transform Chalhoub.
Mashreq has signed Sustainability-Linked Facilities (SLF) in Qatar with Landmark Retail, the leading value conglomerate in the retail sector in the Middle East.
Careem has teamed up with Dubai Bling star and Forever Rose founder, Ebraheem El Samadi, to launch his line of luxury chocolate bars exclusively on Careem Groceries starting November 21, 2024.
Headline CPI inflation in Kuwait slowed to 2.4% y/y in October, down from 2.8% the previous month, according to Emirates NBD Research.
Apparel Group, a Dubai-based leading retail and lifestyle conglomerate, has partnered with Savoye, a premier integrator of automated warehouse solutions, to fully automate its largest regional distribution centre in Dubai.
The UAE is set to become a major hub for gold trade in the coming years, according to DMCC. This position was significantly bolstered by the emirates leapfrogging UK in 2023 to become the second-largest gold trade hub with $129 billion in total trade.
