The Savola Group, a leading strategic investment holding group in the regional food and retail industry, has reported a 50.4% growth in its net profit for the first quarter, while its revenue hit SAR7.3 billion ($1.94 billion), helped by stronger performance in its food processing business and improved margins.
Alef Group, a premier real estate developer in Sharjah, has announced significant progress in the delivery of buildings within its flagship project, Al Mamsha, alongside the opening of a number of new retail outlets during April. These additions reflect a carefully curated tenant mix designed to deliver distinctive, high-quality experiences.
Bahrain's Fuel Pricing and Monitoring Committee has announced fuel prices for the local market for May, in line with the approved pricing mechanism and reflecting global market changes.
Choithrams, a leading UAE-based retail and distribution company, has announced that it has joined hands with Parkonic, a digitally managed parking operating system, to introduce a streamlined, ticketless parking experience across selected store locations in the UAE.
E-commerce business in the UAE jumped by 20 per cent since February this year, as most consumers maintained work from home and study from home to ensure public safety, according to a report.
Speedex Tools has officially opened its newest retail destination in Musaffah, Abu Dhabi, marking another milestone in the company’s continued UAE expansion. Spanning over 10,000 sq ft, the branch offers 20,000+ products across 12 categories including power, welding tools and workshop equipment.
Dubai’s retail real estate market posted solid growth in 2025 with its sales transactions surging 50% year-on-year to hit AED4.6 billion ($1.2 billion), said a property expert. Around 1,450 sales deals were secured last year, up 7.6% over 2024 – with the off-plan sector accounting for more than half of them.
Dubai’s retail and warehouse sectors demonstrated resilience and growth in 2025, backed by strong fundamentals including record tourism, population boom and e-commerce activity. Both sectors, however, faced tightening supply conditions that shaped market dynamics throughout the year, said a report.
Saudi Arabia has announced the launch of the Expression of Interest (EoI) phase for the development of the Quality Valley project in Riyadh under a PPP model. The project scope includes the development of the HQ site of Saso in Riyadh and transforming it into a 191,000-sq-m integrated mixed-use masterplan.
Diversified sourcing strategies, alternative shipping routes and stronger coordination between logistics providers and government authorities have helped maintain continuity in the movement of essential goods, says Mark Mortimer-Davies, CEO of Choithrams, in an exclusive interview with TradeArabia's Sree Bhat.
