Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, has seen its year-to-date (YTD) revenues slide 5.5% to SR4.22 billion ($1.13 billion) on consumer spending slowdown in the third quarter.
Mezzan Holding, a leading manufacturer and distributor of food, beverage, FMCG and pharmaceutical products, has seen its nine-month (9M) net profit to parent company shareholders zoom 224% to KD8.1 million ($26.23 million).
City Centre Bahrain, the leading lifestyle and shopping destination in Bahrain, has won the prestigious Gold Award for its community-driven #Bealight Ramadan campaign at the Retail Congress Mena 2023, the region’s largest retail event.
UAE developer Imkan has announced the launch of its retail and commercial leasing at Pixel Plaza, a lifestyle destination for creators and innovators in Abu Dhabi. Pixel offers 12,000 sq m of leasable space within seven tower residential development.
Keventers, the Original Milkshake Brand renowned for its 98-year legacy and 200+ outlets in India, has opened its 8th outlet and second food truck in the UAE at City Walk.
Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in Mena and Kazakhstan, has seen its nine-month (9M) net profit rise 15.8% to $226.7 million on solid revenues of $1.9 billion.
Malaysia Airlines loyalty programme members were treated to a special members-exclusive event at Bicester Village, UK – a destination for luxury shopping featuring over 150 boutiques comprising fashion and lifestyle brands.
Tabby, a leading shopping and financial services app in Mena region, has raised $200 million in equity financing led by Wellington Management, one of the world’s leading independent investment management firms.
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.
