The recent adverse weather conditions in the UAE led to a significant decrease in online payment transactions, indicating a notable shift in purchasing patterns, a comprehensive study by Global payments solution provider Checkout.com, reveals.
Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, has announced the appointment of Deloitte to manage the forthcoming sale of its Aleph brand.
Businesses in the UAE on average encountered losses of approximately AED11 million ($3.08 million) as 44% of businesses experienced cyberattacks, or data breaches last year, marking a 39% increase.
Dubai-based Fortis, a retail tech and fintech solutions provider tailored for SMEs, has announced the successful completion of Series A funding round, raising $20 million in investment led by Opportunity Venture (Asia).
Swisslog has announced that Walmart will install a Swisslog automation solution within its Robinson, TX, facility to enable seamless material flow and increase uptime.
Cegid, a European leader in cloud management solutions for professionals in the Finance, Human Resources, Accountancy, Retail and Entrepreneurship sectors, is to launch a new Point of Delivery (PoD) in Dubai.
Spinneys 1961 Holding, an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands has announced its intention to proceed with an IPO and to list its ordinary shares on the DFM in Dubai.
Generative AI (GenAI) and other AI tools will transform retail over the next 12 months, according to ‘Retail Reimagined: Creating luxury customer experiences using data-driven insights’, a new report launched by Deloitte Global.
Gold prices soared to a historic peak on Friday, with spot gold climbing 0.5% to $2,384.34 per ounce, said a report. Bullion hit a record high of 2,395.29 earlier in the session, while US gold futures also gained 1.2% to $2,401.80.
Celebrity beauty brands have collectively netted more than $1 billion in sales in 2023 with Rihanna's Fenty Beauty topping the list followed by Priyanka Chopra Jonas’s hair care brand Anomaly and Kylie Jenner's cosmetics brand, according to a report.
