The company’s former CEO Georges P Schorderet has been re-appointed to the role
The e-commerce platform plans to use the funds to accelerate expansion across the Middle East
Amazon launched its paid subscription service Prime in the UAE earlier this month
A successful online retail presence requires a dedicated strategic framework and special attention to customer service
The annual festival will run from June 21 until August 3 this year
The launch of the membership programme comes after the launch of Amazon.ae in May
The renovation scheme covered more than 220 historical buildings in the Deira area
Arabian Centres’ share sale was the kingdom’s third biggest since Saudi lender NCB raised $6bn in 2014
The festival, now in its 22nd edition, will run for six weeks starting from June 21
Arabian Centres owns 19 malls, making it the leading owner and operator of shopping malls in Saudi
The proceeds of the sukuk will back environmentally-friendly projects
Souq was acquired by global e-commerce platform Amazon in 2017 for an estimated $650m
The event will see discounts of up to 90 per cent offered on 400 brands
The IPO would be the country’s biggest since Saudi lender National Commercial Bank raised $6bn
Arabian Centres is a developer, owner and operator of 19 malls across 10 cities in Saudi
Global Village, which closed on April 13, recorded over Dhs3bn worth of business transactions in its 23rd season
The eyewear e-commerce site is planning to expand beyond the UAE and Saudi
Located on Al Wahda Street, the mall will feature over 45 retail stores
Emaar’s chief strategy officer Hadi Badri will now chair Namshi’s board of directors
Saudisation is now mandatory in several retail sectors in the kingdom
Dedicated roadways will be developed around the venue, along with a dedicated taxi entrance and a bus parking area
City Centre Deira will add 25 new homeware and fashion brands and a ‘food hall’ with 20 new F&B concepts
The Dubai firm paid Dhs475.5m to acquire the remaining 49 per cent in Namshi from GFG
The company is fundraising to expand and increase the number of products it offers
The Belgian chocolatier’s largest cafe-stores worldwide are in Saudi Arabia
The site is currently in beta testing mode in Egypt – its third regional country after the UAE and Saudi
The new regional headquarters will cover 68 markets across the region
People can purchase cinema tickets and groceries using AI voice assistant
Production is slated to begin in Q2 with plans to produce over 200 million litres of milk annually by 2026
The mall, Majid Al Futtaim’s fourth in Oman, features 129 retail outlets