Sunday 30 April 2017

Qatar retailer Al Meera nets $177m sales in Q1

Qatar-based retail major Al Meera Consumer Goods Company said its sales soared to QR644.1 million ($177 million) in the first quarter compared to QR641 million ($176 million) for the same period last year. Announcing its financial results for the three months ended March 31, Al M


Better Life offers new Siemens fridge, washing machine

Better Life, one of the leading home appliance retailers in the UAE and a division of the Easa Saleh Al Gurg Group, recently introduced the Siemens’ XXL ‘bottom-freezer’ refrigerator and washing machines with the revolutionary ‘sensoFresh’ technology.


Apple Store opens in Dubai Mall

Apple has opened its newest store in the Middle East in Dubai at the Dubai Mall. With a 186-foot curved storefront and balcony overlooking Burj Khalifa and the Dubai Fountain, the store is envisioned as a space for the community to gather, learn and be entertained.


48pc GCC residents prefer e-shopping, says survey

The e-commerce sector is poised for solid growth with about 48 per cent of GCC residents stating that they prefer to shop online, but payment security is still a concern for majority of them, according to a new survey. The recent YouGov survey was commissioned by Seamless Middle


Top equity firm CVC buys Swiss watchmaker Breitling

Top equity firm CVC Capital Partners has agreed to buy Breitling, the Swiss watchmaker known for aviation-themed timepieces worn by actor John Travolta, in a deal said to be valued at more than 800 million euros ($870 million), said a report. The transaction is expected to close


Kareena to launch new beauty products line in Dubai

Indian superstar actress and leading fashion and lifestyle icon Kareena Kapoor, will be at Beautyworld Middle East 2017, for the Middle East launch of a line of beauty products. A leading international trade fair for the beauty industry serving the wider region, Beautyworld Middl


Amazon Q1 sales up 23pc to $35.7bn

Amazon reported that net sales increased 23 per cent to $35.7 billion in the first quarter, compared with $29.1 billion in first quarter 2016. Excluding the $492 million unfavourable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales in


Aramex partners with online marketplace

Aramex’s Shop & Ship, a leading cross-border last-mile delivery service, has partnered with online seller Spring to introduce international shipping and delivery solutions to Spring’s customers in more than 80 destinations around the world. Spring offers customers


Samsung Pay m-payment service launched in UAE

Samsung Gulf Electronics announced today the launch of its much-anticipated, flagship mobile payments service, Samsung Pay, in the UAE. Simple and secure, Samsung Pay can be used to make purchases almost anywhere you can swipe your debit or credit card. Samsung Pay


Panasonic launches new Lumix ‘Travel Zoom’ camera

Panasonic has introduced the Lumix DC-TZ90 as a new model under its popular “Travel Zoom” TZ series. The latest camera has an upgraded resolution of 20.3 megapixel, and boasts 30x optical zoom (35mm camera equivalent: 24-720mm) packed in a pocket-sized body while enab

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