Retail & Wholesale

Retail & Wholesale

The Avenues – Bahrain launches Ramadan Bazaar

Tue, 12 Mar 2024

In celebration of Ramadan, The Avenues – Bahrain's Dome Area, located at The Harbour Gate Entrance 1, will transform into a bustling Ramadan Bazaar from March 11 until April 7.

Retail & Wholesale

Ahmed Perfume charts growth plan across GCC

Tue, 12 Mar 2024

Ahmed Perfume, a leading UAE-based manufacturer of oriental and western perfumes, has announced plans to add a number of retail stores to its strong network of 150 stores across the UAE, Saudi Arabia and GCC region.

Retail & Wholesale

Metro Brazil expands footprint to Saudi Arabia

Tue, 12 Mar 2024

Metro Brazil, the leading retail and eCommerce company for Brazilian shapewear in the Middle East, has expanded its operations to Saudi Arabia aiming to enhance the growing retail sector.

Retail & Wholesale

First Mills posts $58.7m net, profit margin of 22.8pc in FY 2023

Mon, 11 Mar 2024

First Milling Company, a market-leading Saudi milling firm, has seen its FY 2023 net profit rise 1.25% to SR220.2 million and register net profit margin of 22.8% in FY 2023 and 23.3% in Q4 2023, driven by strong growth in flour sales.

Retail & Wholesale

GFH plays vital role in Saudi mall developer's $500m sukuk

Sat, 09 Mar 2024

Bahrain-based GFH Financial Group said it had played a key role in the successful issuance of a $500 million sukuk by leading Saudi mall developer Arabian Centers Company as one of the joint lead managers and bookrunners for the transaction.

Retail & Wholesale

Haji Gallery seals co-operation deal with Gulf University

Thu, 07 Mar 2024

Haji Gallery, a leading distributor of global sanitaryware brands such as Hansgrohe and Duravit in the Kingdom of Bahrain, has signed an agreement with Gulf University, College of Engineering for the launch of its unique university support programmes.

Retail & Wholesale

UAE’s online shopping population touch 6.5m in 2023

Wed, 06 Mar 2024

Around two million, or 20% of the UAE population have shifted to online shopping during the last few years – raising the online shopping population from 4.5 million in 2019 to 6.5 million in 2023.

Retail & Wholesale

Nothing launches new smartphone

Wed, 06 Mar 2024

Nothing has launched Phone (2a), its new smartphone offering, at the world’s most attended technology event in Riyadh, Saudi Arabia.

Retail & Wholesale

Over 70pc of UAE retailers see 'digital payments boosting revenue'

Wed, 06 Mar 2024

More than 70% of UAE merchants surveyed claim increased revenue and higher customer footfall since accepting digital payments, says a Visa study titled 'Value of Acceptance'.

Retail & Wholesale

Montblanc opens new boutique in Mall of Dhahran

Thu, 29 Feb 2024

Montblanc, a leading global maison for luxury business lifestyle, celebrated the opening of its boutique in Mall of Dhahran this week, together with longstanding partner Paris Gallery.