Saudi retail growth

Saudi Arabia’s meteoric rise to third place in Global Retail Development Index

Increase in non-cash transactions and strategic initiatives propelled the kingdom’s retail growth

EMAAR FY2023 results -photo-courtesy_emaar

Emaar FY2023 profit rises 70%, property sales reach $11bn

The Dubai-based developer reported a 7 per cent increase in revenues to Dhs26.7bn ($7.3bn)

top 5 digital consumer trends GettyImages-1300788719-e1650537163767

Five ways ‘digital’ consumers are reshaping retail in 2024

Against a backdrop of mounting macroeconomic uncertainty and increasing digitalisation, consumers are seeking out online platforms dedicated to securing the best deals

Amazon Rufus

Amazon launches AI chatbot Rufus: 5 ways to use it to shop better

The chatbot was launched in beta version to a small subset of customers in Amazon’s mobile app in the US and will be rolled out across the country in the coming weeks

CENTREPOINT-LANDMARK GROUP - PATH TO NET ZERO

‘Survival of the most sustainable one’: The new mantra for a net zero future says Landmark Group CFO

Rajesh Garg, group chief financial officer and chief sustainability officer at Landmark Group speaks to Gulf Business about the green ethos driving the change in the retail giant’s operations and outlook.

CUSTOMER ENGAGEMENT

Insights: 6 ways to transform customer engagement in 2024

We look at the top trends that will redefine and reshape customer engagement for MEA consumer brands in 2024

Dubai Duty Free sales exceeds Dhs7.8bn in 2023

Dubai Duty Free sales in numbers: Dhs7.8bn revenue, 20 million transactions

The retailer said the top five selling categories for the year were perfumes followed by liquor, gold, cigarettes and tobacco, and electronics

Personalisation is key to attracting and retaining customers Image Dubai Media Office

Insights: Why retailers are focusing on personalisation to please customers

Consumers are demanding experiences tailored to their preferences, behaviour and stage in the buyer journey

DSF begins on December 8 in Dubai Image DFRE

Dubai Shopping Festival begins: Deals, discounts, fireworks, prizes on offer

Starting on December 8, the Dubai Shopping Festival will run until January 14

gmg CEO Mohammed A Baker

Cover story: GMG’s Mohammed A Baker has a bold vision for his company

The CEO of GMG shares the retail giant’s global expansion strategy, and how its growth is driven by innovation and powered by excellence

Cybercriminals are using AI to scam shoppers during Black Friday Cyber Monday sales Getty Images

Black Friday: How cyber crooks are using AI to scam consumers

Here are simple tips to help you shop safely during the shopping season

DTEK - SWIFT

Expand North Star 2023: Dtek unveils SWIFT for retail industry

The checkout system has been designed based on feedback from retailers, and addresses common pain points such as crowded checkouts and stock mismanagement

LuLu Group Dubai Mall

Lulu opens 72,000 square feet hypermarket in Dubai Mall

It is the largest in-mall hypermarket operated by Lulu Group

Dubai Shopping Festival

Dubai Shopping Festival 2023-2024 dates announced: Sales, fireworks and more

The festival will be held from December 8 to January 14 across the emirate

Mohammed A Baker, deputy chairman CEO of GMG Image Supplied

Global wellbeing conglomerate, GMG, is focused on supporting UAE’s food security strategy

GMG is helping advance national efforts to develop sustainable food production systems through modern technologies while enhancing local production

Vision Industry Store in MOE Dubai Image Supplied

Interview: Vision Industry’s Gian Paolo Biasotto is focused on innovation

The co-founder of Vision Industry and MD of Opitalia Group, tells us about launching the very first Nikon lenswear Shop-in-Shop in the Middle East at MOE and emerging eyewear trends

Lulu Hypermarket

LuLu Group expands footprint, to open Hyderabad’s largest mall on Sept 27

The mall will host a mega Lulu Hypermarket, more than 75 plus local and international brands and other retail outlets

Psycho Bunny store opens in Dubai Image courtesy Majid Al Futtaim

Premium menswear brand Psycho Bunny debuts in Middle East with Dubai store

The Mall of the Emirates store marks the brand’s official debut in the region, with its sights set on continued worldwide expansion

Dubai Summer Surprises

Dubai Summer Surprises final sale: Get 90% off deals on the last day

Shoppers have one last day to enter into a multitude of contests to win cash prizes, luxury cars, or even Share points

DAMAC MALL opens in Dubai Image Damac

Dubai: DAMAC Mall officially opens, here’s what it features

The mall is expecting an annual footfall of around 1.3 million visitors

zepto india's unicorn for 2023

Zepto is first Indian unicorn for 2023, valued at $1.4bn

The platform which promises to deliver groceries in under 10-minutes was founded in 2021 by two 19-year-olds

Reliance Retail gets QIA backing

Qatar to invest $1bn in Mukesh Ambani’s Reliance Retail

Reliance Retail is India’s largest retail house with 26 brands that range from grocery, consumer electronics, fashion to pharma

Majid Al Futtaim H1 2023 results Image MoE _ courtesy Majid Al Futtaim

Majid Al Futtaim announces H1’23 results, reports 74% YoY rise in net profit

Majid Al Futtaim reported a 5 per cent increase in consolidated revenue to Dhs18.9bn, and EBITDA growth of 13 per cent year-on-year to Dhs2.1bn

Women's World Cup Australia v England: Semi Final - FIFA Women's World Cup Australia, New Zealand 2023 Image Getty

Nike, Adidas bet big on World Cup football shirts and merch

The 2023 Women’s World Cup final between Spain and England kicks off on Sunday, August 20 at Stadium Australia, in Sydney

noon pay

Noon launches noon pay, its peer-to-peer payment system

noon Pay enables individuals to transfer money in the form of noon credits

Aldar hikes retail portfolio investment to $272m

Aldar increases investment in retail portfolio to $272m

The investment follows the completion of Yas Mall’s Dhs500m redevelopment plan

GMG opens first Monoprix Maison outlet outside France Image GMG

UAE’s GMG opens first Monoprix Maison outlet outside France

The new outlet is located at Springs Souk Mall by EMAAR in Barsha Heights, Dubai

Stefano Martinelli, GCC Retail Director, Amazon talks about Prime Day and its highlights image Amazon

Amazon GCC’s Stefano Martinelli on Prime Day and its highlights

Amazon GCC’s retail director tells us about the ecommerce giant’s strategy for Prime Day this year

AMAZON.AE PRIME DAY offers for Prime Members Image Amazon

Prime Day deals: Amazon UAE reveals exclusive offers for Prime members on July 11-12

Prime members in the UAE can avail of free international shipping from Amazon US and UK via the Amazon.ae Global Store, with no minimum purchase during Prime Day

Régis Schultz, CEO of JD Sports (L) and Mohammad A. Baker, Deputy Chairman and CEO of GMG (R) at the signing of the franchise agreement _ image GMG

UAE’s GMG to bring JD Sports to the Middle East, signs franchise agreement

Under the terms of the 10-year agreement, GMG will open around 50 stores under the JD fascia by 2028, across the UAE, Saudi Arabia, Kuwait and Egypt