The Ministry of Labour expects the change to create thousands of jobs for Saudis
Faraz Khalid will take the reins following the departure of previous CEO Fodhil Benturquia
DDF sales per square metre are higher than the Apple store in New York, according to a company study
The network of retailers accepting Nol cards is projected to exceed 5,000 by the end of this year
The refinancing of the $1bn loan by Doha Festival City was being coordinated by investment bank QInvest
E-commerce set to account for 10 per cent of Dubai’s total retail trade within the “next few years”
Amazon users can now use their details to log on to Souq.com
The deal will see Retail Arabia’s Geant stores rebranded under MAF’s Carrefour franchise
Three free concerts will also be held during the six-week DSS
An funding round led by MEVP invested $2m in mobile marketplace Modacruz
The mall is the centrepiece of the developer’s under-construction Nad Al Sheba community
The deal marks MAF’s further entry into the homeware category after signing a franchise deal with US brand Crate and Barrel
The new e-commerce platform for grocery is expected to go live next week
The company officially opened its 18th factory in the region in Dubai last month
Marka’s former CEO Nick Peel resigned from his position in December 2016
Both sides have agreed to jointly develop the company until a possible listing
Both markets saw dozens of new entrants last year
The first phase is due to be completed before end of the second quarter
JadoPado was acquired by a tech fund led by Mohamed Alabbar earlier this month
Chief executive Fodhil Benturquia was among the staff to leave in recent weeks, sources said
The mall is projected to be welcome 25 million visitors annually
Companies have been given a month to halt the sale of disposable chargers
The $1bn e-commerce site was slated to launch in the UAE in January
The Al Maha facility is Nestle’s 18th factory in the Middle East
The Mall spans two floors and houses more than 65 stores.
The 1.2 million sq ft mall will have 200 shops, restaurants and entertainment outlets
Amid shifting consumer habits and the imminent arrival of Amazon, Gulf retailers are warned to adapt or face a similar fate to their global peers
The company said it sees the GCC as an “expansion” region for its brands despite difficult conditions
The $1bn tech fund was launched in August by a consortium of investors led by Alabbar
City Centre Al Zahia will offer 136,200 sqm of gross leasable area, with over 360 retail brands