Retail & Wholesale

Retail & Wholesale

aiBANK signs long-term partnership agreement with Visa

Tue, 29 Aug 2023

aiBANK, a leading provider of integrated retail, corporate and Islamic banking solutions in Egypt, has entered into a long-term agreement with Visa to provide customers with a new integrated package of e-payment solutions.

Retail & Wholesale

Swisslog to show AutoStore robotic storage, order processing

Tue, 29 Aug 2023

Swisslog, a global leader in innovative robotic, data-driven solutions, will take centre stage at Seamless KSA 2023 exhibition and conference, showcasing its groundbreaking AutoStore robotic storage and order processing solution.

Retail & Wholesale

TCL crowned Electronics Company of the Year

Mon, 28 Aug 2023

TCL Electronics, the global top 2 TV brand and top 1 98-inch TV brand, has clinched the illustrious Gold Stevie Award for Large Electronics Company of the Year at the 20th International Business Awards.

Retail & Wholesale

talabat launches ‘talabat pro’ a subscription service

Sun, 27 Aug 2023

talabat, a leading local platform for everyday deliveries, has launched ‘talabat pro’ in Bahrain, a subscription service providing access to exclusive benefits, including unlimited free deliveries from selected restaurants and vendors.

Retail & Wholesale

Qatar Investment Authority buys $1bn Reliance Retail stake

Wed, 23 Aug 2023

Qatar Investment Authority (QIA), the country's wealth fund, will be investing $1 billion in Indian's Reliance Retail Ventures Limited to pick up a nearly 1% stake. The strategic investment values the company at a pre-money equity value of $100 billion.

Retail & Wholesale

DGCX waives fees for its Shari’ah compliant spot gold contract

Tue, 22 Aug 2023

The Dubai Gold & Commodities Exchange (DGCX) is waiving fees for its shari’ah compliant Spot Gold Contract. The move comes at a time when gold is in big demand among investors mainly owing to the global inflationary pressure and economic uncertainty.

Retail & Wholesale

Valu announces rebranding as part of its evolution

Tue, 22 Aug 2023

Valu, Mena’s leading financial technology company, has announced a strategic rebranding, marking a pivotal shift in its brand architecture.

Retail & Wholesale

AI 'will shape global retail' over the next 12 months

Tue, 22 Aug 2023

Nearly six in 10 retailers plan to adopt artificial intelligence (AI), machine learning (ML) and computer vision (CV) technologies over the next year to enhance the shopping experience offered within stores and online.

Retail & Wholesale

Futurecraft VC buys stake in Lyre’s as part of expansion plan

Mon, 21 Aug 2023

London-based VC fund Futurecraft Ventures, with offices in Abu Dhabi and Dubai has announced a significant investment in Lyre’s — a non-alcoholic beverage company garnering global awards and attention, particularly in the Middle East.

Retail & Wholesale

Majid Al Futtaim H1 net profit soars 74pc to $460m

Mon, 21 Aug 2023

Majid Al Futtaim, a leading shopping malls, communities, retail and leisure pioneer, has seen its first-half (H1) net profit soar 74% to AED1.7 billion ($460 million) on the back of solid revenue growth.