RAK Ceramics, a leading UAE ceramics brand, has reported a higher second-quarter net profit, which surged by 2.9%, while its revenue hit AED823 million ($224 million) supported by demand in UAE, Saudi Arabia and Bangladesh despite regional disruptions and higher logistics costs.
BNW Developments has sealed a strategic partnership with Wyndham Hotels & Resorts for the debut launch of its branded Dolce Residences Ras Al Khaimah on Al Marjan Island. Set for 2028 handover, it will feature 93 premium residential units and five exclusive retail spaces.
Leading Saudi group Almarai has been ranked as the most influential brand in the food and grocery sector in the kingdom in addition to being ranked third among the most influential Saudi brands in the Kingdom, according to a study released by Ipsos this year.
Abu Dhabi-based Modon Holding has joined hands with hospitality brand Nammos for the launch of its first fully integrated destination in Egypt - Nammos Ras El Hekma. Part of the $35 billion Ras El Hekma masterplan, it will boast branded homes, a luxury resort, restaurant and beach club.
Volvo Construction Equipment (Volvo CE) has appointed Åsa Alström as its new Head of Brand, Marketing and Communication, effective April 1. A veteran with 20 years experience, Åsa succeeds Bill Law, who has taken on a new role supporting the development of Volvo’s defence business.
Indian jewellery group Tanishq has announced its foray into Dubai South with its debut store at Ibn Battuta Mall. Spanning 2,000 sq ft, the new outlet represents a key addition to Tanishq’s growing retail network and reflects the pace at which the brand is boosting its presence across the emirates.
Aman Group has joined hands with H&H, a Dubai-based developer, for the launch of Janu Residences - the visionary lifestyle brand's debut project in the region. The development comprises a 150-key hotel alongside a limited collection of two- to five-bedroom apartments.
