Ecommerce

Ajman Free Zone signs agreement with online retailer Noon to grow local e-commerce sector

Ajman Free Zone investors who hold e-commerce licenses can now join Noon’s platform

Dubai

Covid-19: Dubai Tourism closes 4 establishments and issues final warnings to 19 more

Dubai Tourism is communicating with stakeholders, providing them guidance, insights and industry updates to help them comply with the necessary guidelines

Closed Covid Dubai

Restaurant shut in Dubai’s Blue Waters for flouting Covid-19 regulations

Authorities are carrying out daily inspections to ensure adherence to Covid-19 precautionary measures

Bloomingdale's

Bloomingdale’s opens online store for deliveries in UAE, Saudi Arabia and Kuwait

Alongside the launch of the new portal, Bloomingdale’s has also introduced an iOS app for the region

BinDawood said to seek as much as $580m from Saudi IPO

BinDawood plans to sell 22.86 million shares through a book-building process

Dubai Mall

Covid-19: Police issue fines and warnings at Dubai Mall, Mall of the Emirates

The inspections were carried out over the weekend at four malls across Dubai

Emaar Malls appoints Rajiv Suri as new CEO

Former Emaar Malls CEO Patrick Bousquet-Chavanne stepped down in 2019

Pure Harvest

UAE’s Pure Harvest to open $30m facility in Kuwait to supply retailer Sultan Center

The farm will supply many varieties of tomatoes, vine crops, leafy greens and berries and is expected to open next year

Abu Dhabi International Airport, shopping duty free

Abu Dhabi Duty Free launches home delivery service for residents across the UAE

The deliveries will be fulfilled by Aramex

Gold & Diamond Park Dubai

Jafza agrees with Emaar Malls to manage business activities of Gold & Diamond Park in Dubai

There are currently over 90 retailers and brands operating in the Gold & Diamond Park developed by the Emaar Malls Group

Balki Radhakrishnan General Mills

Five minutes with Balki Radhakrishnan, vice president and managing director, General Mills AMEA

US-based food company General Mills recently launched the world’s first Old El Paso restaurant in Dubai

UAE consumer prices dip 2.36% year-on-year

Between May and June 2020, the UAE’s CPI logged an increase of 0.33 per cent

Mastercard rolls out tokenisation technology in the GCC to protect online shoppers

Currently, Mastercard has partnered with Checkout.com and FOO in the UAE to roll out the technology

Patrick Chalhoub, CEO of Dubai-based Chalhoub Group

How the luxury retail sector in the UAE can stage a comeback

Personal luxury sales in the UAE and the Middle East has, expectedly, nosedived. But luxury retailers are pushing forward a multi-pronged strategy that will – if successful – result in a gradual resurgence of the industry

Emaar Malls reports 69% dip in net profit for H1 2020

Mall occupancy remains stable at 92 per cent

E-commerce revenues jump 71% in Q2 amid Covid-19 – report

Salesforce Q2 Shopping Index says conversion rate grew by 35 per cent in Q2 from last year

Emirates Skywards introduces over 1,500 additional ways to earn Miles

For every GBP1 spent, members can earn up to 15 Miles; and for every $1 spent, members can earn up to 12 Miles

Yas Malls Aldar Properties

Aldar offers double Etihad guest miles on Visa card spends at Abu Dhabi malls during Eid Al Adha

From July 28 to August 3, members will earn two Etihad Guest Miles for every Dhs3 spent on purchases with their Visa cards over Dhs50

WeMENA expanding into reseller marketplace

Individuals looking for residual income can create a catalogue of products from WeMENA’s online product list

Brands, sustainable supply and distribution vital for consumer goods’ recovery post Covid-19

Companies will have to reassess their working capital management and business models as well as optimise inventories, to cater to emerging consumer demand patterns

Lego opens exclusive e-commerce store in Saudi Arabia

The brand recently opened its first retail store in Red Sea Mall in Jeddah

UAE’s Al-Futtaim Group partners with Tabby to offer flexible shopping options

Al-Futtaim Group will be extending this feature to its retail stores, other brands and business units across the UAE by the end of 2020

New ‘DUBAI ASSURED’ stamp to confirm health protocols at hotels, restaurants and tourist establishments

The stamp is issued free of charge and is valid for 15 days

Amazon’s ‘Everything for you sale’ to begin on July 21

Prime members will get exclusive 12-hour early access to deals from 12pm on July 20

Lego opens first retail store in Saudi Arabia

The store will have interactive stations for children and their families to play and engage

Brooks Brothers

Menswear major and America’s oldest retailer, Brooks Brothers, goes bankrupt

The company listed assets and liabilities of at least $500m each in court papers

Dubai

Dubai Developments Group offers tenants rent relief of upto six months

The package is valued at Dhs200m and expected to benefit over 1,500 businesses

Dreamscape, Magic Planet, Little Explorers and iFly Dubai reopen in Dubai from July 4

It follows earlier reopenings of MAF’s entertainment experiences across the UAE, Saudi Arabia, Egypt and Lebanon

Festival Souk

UAE’s Al-Futtaim announces discounts at new Festival Souk

The Festival Souk will be operating at both Dubai Festival City Mall and Dubai Festival Plaza

Saudi clothing retailer Alhokair cuts staff pay

The retailer reported a full-year loss of $182m after a profit year ago