The value of the transaction was not disclosed
Plans include new malls and the expansion of existing locations
The unit reported growth in rental income during the quarter
Emirati businessman will become a minor shareholder in the group
The retail sector accounts for 23 per cent of foreign direct investments into the UAE
Airport retailer aims to boost business with customers that prefer the comfort of lounges
The company aims to boost the presence of both companies in select GCC markets
New legislation comes as the country tries to tackle a diabetes epidemic
The company currently has 12 operational hotels including 10 in Dubai
The British company’s regional growth outperformed its global average in 2015
Sales are expected to pass $52bn by 2020, according to the Dubai Chamber of Commerce and Industry
The revamp will see the introduction of Centrepoint within the mall
Works will include two new areas and a refurbishment of the existing mall space
The 310 square-metre store features self-ordering kiosks
Dubai is employing Italian sparkle to improve its jewellery credentials
Apple’s iOS made up 54 per cent of mobile sales in the region
The Al Kout development will include a $235m mall
The Mall of Saudi will feature an indoor ski slope
Swiss manufacturer says a second boutique will follow
Analysts suggested the unit was impacted by low oil prices
Survey finds sales tempt shoppers into exceeding budget
UAE-based group says it will open new malls in Dubai and Egypt this year
The difficulties that the industry faced in 2015 will remain for the most part in 2016, writes McLoughlin
Regional retailers must keep up with the changing times, urges Abdulla Al Gurg
The company’s Dubai Mall outlet is its most financially successful restaurant worldwide
The retailer has aggressive expansion plans for the GCC this year, confirms Yusuffali
UAE group’s chairman Yusuffali MA plans to open new hypermarkets across the kingdom by 2017
Wyndham’s Ramada Resort Dead Sea and Ramada Jeddah Corniche are already open while its two properties in Bahrain are set to open on March 31, 2016.
The developer is giving away free luxury cars to new buyers of select properties as part of its Dubai Shopping Festival promotion