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
The citywide ‘Super Sale’ initiative will run from May 18-20
Construction on the project is scheduled to start in Q4 2017
The site said it was acquired by a “large regional business”
Power was restored nearly two hours later
UAE entrepreneur Khalid Basaeed gets candid about the challenges he faced in creating his luxury brand Feathers and where he plans to go next
Following Amazon’s acquisition of Souq, the region will see more interest from global players, says Fadi Ghandour
The Saudi retail sector currently employs 1.5 million workers, of whom only 300,000 are Saudis
Spread across 2.3m sqft, Silicon Mall will have over 300 international and local branded stores
Reem Mall will feature 450 stores and an indoor snow park
The company announced in 2015 that it would quadruple its footprint in the kingdom
The new store will replace the UAE’s only Hyperpanda market
Nakheel has also started the handover of units at its Dhs450m Jumeirah Islands Townhouses community
The store will be opened on Thursday, April 27
Dubai developer Nakheel has awarded a construction contract for its Dhs6.1bn Deira Mall
One producer may also be selected to create a distinctive scent for the event
Terry Lundgren’s warnings come amid store closings and rising online sales in the US
The company signed a franchise deal with Majid Al Futtaim earlier this week
Ronaldo Mouchawar said he expected the company’s product portfolio to expand significantly
The deal was subject to last minute uncertainty following a bid from Emaar Malls
Amazon has reportedly submitted a bid to buy 100 per cent of Souq from its shareholders
Emaar Malls has submitted an $800m bid to acquire Souq.com
The bid has not yet been accepted by the shareholders of Souq.com