Gulf Warehousing Company, a leading logistics group in the region, has signed a 15-year leasing agreement with Safari Shopping Center for a dedicated commercial retail project within Logistics Village Qatar. The long-term deal features a 3,613-sqm built-up retail facility alongside 5,000 sqm of dedicated parking space.
Artificial intelligence (AI) has become a growing strategic focus for luxury companies as consumers increasingly use AI tools during purchasing decisions, although many brands are still working to move beyond experimentation, according to an industry expert.
Dubai-based investment firm Shamal Holding has announced the unveiling of "The Grand", a retail and lifestyle destination at its Nad Al Sheba Gardens development, with the project fully leased ahead of its phased opening from August 19.
Dubai's commercial property market recorded its strongest H1 performance in 2026, with sales up 183% over last year. The commercial property sales, including offices and retail units, surged to AED19.5 billion ($5.3 billion) through 3,415 deals in the first six months, said a top brokerage.
Knowledge Economic City (KEC) has signed an agreement with Saudi group Alrashid Properties to develop a premium mixed-use project - the Multaqa Residences - in Madinah on a 149,520 sq m area. The SAR1.35 billion ($359 million) project will boast branded residences as well as retail and hospitality assets.
Saudi Downtown Company, a unit of sovereign wealth fund PIF, has announced that it has awarded the design and infrastructure development works contract for Al Khobar Downtown, a major mixed-use lifestyle, retail and entertainment destination coming up in the kingdom’s Eastern Province.
AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.
Dubai Summer Surprises (DSS), the emirate's annual summer retail and entertainment festival, kicks off on July 2 offering 60 action-packed days of shopping promotions, dining events, concerts and family-focused attractions, thus providing unforgettable experiences for both residents and visitors alike.
Mattel, an American multinational toy manufacturing and entertainment company, has appointed Tarek Moussawer as its new Commercial Lead for Middle East region. An industry veteran, he brings over 20 years of experience across retail, finance, brand building and commercial strategy to the new role.
The Middle East retail real estate industry leaders are set to rethink the operating models as the forces reshaping the retail sector are converging faster than most operators recognise, said an industry expert, addding traditional space-centric models are no longer sufficient for what lies ahead.
