East Pipes Integrated Company, a leading Saudi-based manufacturer of HSAW pipes, has achieved significant sequential pick up in the top line and a turnaround in Q2-FY24 profitability with its revenues growing five-fold to SAR230 million ($61.2 million).
Going back to its roots and original 60s spirit, French luxury retailer, L’Occitane En Provence, is launching a brand-new holiday virtual store, developed by Emperia, and designed in partnership with world-renowned artist Steven Wilson.
Samsung Gulf Electronics has introduced the 'Trade in, Recycle and Save' campaign for its home appliances range to promote environmental sustainability as customers upgrade to the latest Samsung products.
More than 200 internationally recognised brands as well top designers will be in Abu Dhabi next month to showcase their latest designs at the 30th edition of the Jewellery & Watch Show (JWS) in front of 7,000 jewellery enthusiasts from across the globe.
UAE’s retailers have been urged to embed sustainability throughout their operations, raise the bar on climate ambition, and drive positive behavioural change from consumers in the process.
Amazon Saudi Arabia has launched a 'Saudi Made' storefront on Amazon.sa, featuring thousands of local products certified by the ‘Made in Saudi’ (MIS) programme.
Amazon Payment Services, a regional leader in digital payments operating across the Middle East and North Africa (Mena) region, has been granted a Retail Payment Services licence by the UAE Central Bank.
iFarm, a vertical farming technologies provider, announced the launch of the first vertical farm in the UAE to use iFarm technologies. Located in Dubai, the farm will produce ultra-fresh leafy greens, baby leaves, microgreens, herbs, and edible flowers.
Leading Kuwaiti developer Mabanee said one of its key subsidiaries in Bahrain has reached a deal to purchase a 9,554 sq m vacant plot in Bahrain Bay for KD5 million ($16 million). This is in line with its plan for further investment and development.
European start-up Bobnet, backed by NCH Capital, has announced a series B EUR50 million ($52.6 million) funding round, to address current challenges faced by major retail chains.