Soum, the Riyadh-headquartered marketplace for secondhand products, has successfully secured $18 million in Series A funding.
Petit Bateau, noted French baby & kids wear brand, has opened its flagship store at Mall of the Emirates that offers a reimagined shopping experience along with a greater selection of its latest collections and classic designs.
Magnati, a leading payments solutions provider, will provide card acceptance services to Lagardere Travel Retail’s network in the UAE encompassing over 200 acceptance points.
Majid Al Futtaim, a key mall developer and leisure pioneer in the region, said its flagship retail development - City Centre Bahrain - has been awarded Leadership in Energy and Environmental Design (Leed) platinum certification for its sustainability stan
Ayshei.com, a pioneering web3-enabled online marketplace backed by Medad Holding and leading investors, is set to officially launch at the beginning of 2024.
Planted, an alternative protein startup in Europe, is entering UAE market through the plant-based product range of a Mideast foodservice distributor. A key Swiss brand, Planted will be setting new standard for the plant-based meat industry in the region.
Géant, part of retail major GMG, has announced its foray into the Sharjah retail scene with the opening of its hypermarket at Sahara Centre. This is the 53rd store of the Everyday Goods – Retail division under the GMG group.
Abu Dhabi's energy company Taqa said it has signed an agreement with Greek and Cyprus governments to become a key shareholder in a project to develop a 900km high-voltage direct current (HVDC) power interconnection between the two European countries.
Bahrain Institute for Pearls and Gemstones (Danat) has announced that it has achieved a key milestone by securing ISO accreditation in the domains of pearl, gemstone and diamonds' identification and grading as well as weight and measurement calculations.
Shamal Holding, a diversified investment company, said it has completed the acquisition of top restaurant brand, Sushisamba. With this move, the UAE group will have full control over Sushisamba's operational activities across all international locations.
