The 52nd edition of the Watch & Jewellery Middle East Show will bring together over 500 local and international exhibitors, including a distinguished assembly of global leaders and specialists in the gold and jewellery sector.
King Koil, a renowned mattress brand, has announced the opening of its first-ever showroom at Al Khobar in Saudi Arabia. The outlet will feature its innovative products including the Smart Cushion Aero System (SCAS), iFusion and Mega Foam.
Brands For Less (BFL) Group has announced the launch of its first SR60 million ($16 million) Brands For Less Group Logistics Distribution Centre, located at Sudair City for Industry and Businesses in Riyadh, Saudi Arabia.
ETHER by Cloud Spaces, a leading platform for retail business, has announced a partnership with the Abu Dhabi Businesswomen Council (ADBC) to encourage more women to enter the retail space with their innovative ideas.
Dubai International Financial Centre (DIFC) will soon open a newly-fitted floor offering at its premium office hub - Central Park Towers - featuring 15 units catering to a wide range of business requirements as well as a sprawling tenant lounge.
Leading UAE developer Damac Group has announced the opening of its new retail and leisure destination - Damac Mall - in Dubai. With a 110,000-sq-ft space, the key facility seamlessly integrates retail, hospitality, leisure, and entertainment offerings.
Ramez International Group has announced plans to establish a commercial complex at Isa Town in Bahrain. To be built on a 16,765 sq m area, it will have places designated for selling fresh vegetables, fruits and meat as well as a parking lot for 500 cars.
Rewaa, Saudi’s leading omnichannel inventory management system, accounting, and POS platform for the retail industry, has raised $27 million in Series A funding round led by Wa’ed Ventures, a VC fund wholly owned by Aramco.
GCC-listed firms aggregate net profits fell 6.2% to $57.9 billion in Q2-2023, compared to $61.7 billion in Q1-2023, mainly led by a fall in energy and commodity prices, said Kamco Invest, a regional non-banking financial powerhouse.
Global electronics brand LG has inaugurated its brand-new showroom in Dubai, partnering with Al Yousuf Electronics.