Tobacco was among the key categories driving the increase
The value of the transaction was not disclosed
The company is marketing itself as the first Arabic e-commerce platform
The move follows Amazon’s acquisition of Souq earlier this year
Souq currently serves Kuwait, Oman and Bahrain from its Dubai base and is also operating in Egypt and Saudi Arabia
The company said it is also conducting a feasibility study into an online grocery platform
The e-commerce site sold more than twice the number of items as it did in its 2016 sale
Discounts of up to 90 per cent are being offered on a range of brands
Souq has dramatically increased its product portfolio this year
The annual event will be held from December 26 to January 27
The store is expected to be the first of five or more in the UAE
City Centre Al Jazira is scheduled to open its doors in early 2021
A new waterfront promenade, Marina Walk, will also feature a restaurant tower
The project is being developed in the Umm Ramool area by DAFZA and wasl
The Saudi-headquartered site quietly went online in the UAE at the end of September
The new area will form an active link to Mohammed bin Rashid Boulevard and the mall’s Fountain Views expansion
China’s second-biggest e-commerce firm plans to enter the Middle East
The third phase of the decision to ‘feminise’ such outlets began on Saturday, October 21
The company is recruiting data scientists and engineers
Noon.com – set to launch in the kingdom, will be competing with Souq.com
The mall will feature Sharjah’s largest VOX Cinemas multiplex with 12 screens
Saudi retailers have been hit by lower consumer spending
Noon.com officially went live for UAE customers on September 30
Prices were expected to increase by 50 per cent and 100 per cent respectively from today
The company is seeking to increase its competitiveness with Apple and Samung
E-commerce site Noon was slated to launch in the UAE in January, but is yet to begin operations
The milestone comes as the kingdom pushes ahead with plans to ban foreigners from working in shops selling female-specific products.
American retailer enters Saudi market as part of franchise deal with Majid Al Futtaim
The club now also features dining and entertainment
Dubai Hills Mall is the centre piece of the Dubai Hills Estate master project