Dubai Parks and Resorts begins leasing retail, dining units in Riverland

The entrance plaza will feature about 50 dedicated outlets along with various street dining options.

UAE’s R Holding launches retail projects worth Dhs700m

The company is currently building five retail projects in Ajman and two in Dubai, a statement said.

Nakheel to launch retail space for lease at Ibn Battuta Mall extension

The developer will launch 766,000 sq ft of additional shop and restaurant space for lease at the mall on June 1.

Nakheel says work on The Pointe mall at Palm Jumeirah 30% complete

The developer says Dhs800 million mall on track for opening in 2016.

Dubai’s Marka acquires stake in UK-based e-commerce site Icons

The company purchased a 65 per cent stake in sports merchandise retailer Icons for a value of Dhs15.3 million.

Dubai’s Marka to invest Dhs250m in 2015, eyes two deals

The company is looking to close deals in the UAE’s hospitality and retail sectors, officials said.

Saudi’s Almarai approves $5.6bn capex plan for 2016-20

The investment will cover expansion in the areas of farming, manufacturing, distribution and logistics.

Despite rumours, Apple remains mum about Dubai store’s launch in August

The tech giant will open its biggest store worldwide in Dubai this summer, say reports.

Dubai named world’s second most important shopping destination

About 55.7 per cent of retailers in Dubai are international brands while the city attracted 45 new global brands last year.

Majid Al Futtaim to invest Dhs1bn in VOX Cinemas until 2020

The funds are aimed at helping VOX attract a further 50 million customers over the next five years.

Nakheel signs deal with Landmark Group for 25 outlets in Al Khail Avenue

Construction on the Al Khail Avenue mall will begin this year, with expected opening in 2018.

Dubai’s Marka Buys Reem Al Bawadi Restaurant Chain For Dhs315m

The acquisition is being funded by a blend of the company’s own funds and bank facilities, Marka said.

Huawei Launches Honor Six Plus Smartphone In Middle East

The Honor Six Plus is targeted at a younger internet-savvy demographic.

Nakheel To Build New Beachfront Resort In Deira Islands

The developer will partner with Spanish hotel operator RIU Hotels and Resorts to build an all-inclusive four-star resort in Dubai.

Five Minutes With.. Alessio Ruffoni, Manager, Al Grissino Restaurant & Lounge Dubai

Alessio Ruffoni explains why he is bringing Milan’s Al Grissino dining concept to Dubai, and potential plans for Abu Dhabi.

Nakheel’s New Dragon City Project To Begin Leasing Retail Space

The developer is offering 1.3 million sq ft of new shop and showroom space in its mixed use development.

Dubai’s Emaar Malls Q1 Net Profit Rises 32%

The unit made a net profit of Dhs433 million in the first quarter of 2015.

30 Seconds On The Business Of… Family Entertainment

Gulf Business speaks to Silvio Liedtke, COO, Landmark Leisure.

Online Store Merger Prods Luxury Goods Makers Towards Internet

Top brands such as Prada and LVMH’s Christian Dior still baulk at the idea of selling clothing online.

Fatburger Plots Four More Restaurants In MENA

The restaurants are planned for Kuwait, Qatar, Tunisia and Iraq.

Dubai Parks And Resorts Partners With UK’s Merlin Entertainment For Lego Water Park

The water park is an addition to the under construction Legoland Dubai theme park, set to open in October 2016.

Saudi’s Fawaz Abdulaziz Alhokair Q4 Net Profit Rises 5.7%

The company made a net profit of SAR201.74 million ($53.79 million) in the first quarter of 2015.

Dubai’s Landmark Aims To Double Online Sales, Plans Major Expansion

LandmarkShops.com recorded a 200 per cent year-on-year growth in revenue for the fiscal year 2014-2015.

Five Minutes With.. Abed Bibi And Husain Makiya, Co-founders, YouGotAGift.com

YouGotAGift.com’s co-founders discuss the inspiration for their gift card business, growth areas and plans to expand to regional and international markets.

Chalhoub Group, Marka And Jumeirah To Open In Dubai Design District

Many global designers including Rami Al Ali, Furne One Amato and Michael Cinco are also establishing their presence in the project.

Abraaj Says Completes Investment With TPG In Saudi’s Kudu

The deal is a first in the region for TPG, which manages about $65 billion of capital.

Landmark’s Centrepoint Plots 130 Locations By Year-End, Iraq Expansion

The move is part of a Dhs2 billion expansion announced last year.

Carrefour Signs Up As First Retailer For Upcoming Legends Mall In Dubailand

The 300,000 sqft mall, located within the Living Legends development, is set for completion by the end of 2016.

Dubai’s Majid Al Futtaim Rules Out IPO, Plans Egypt, Saudi Expansion

The Dubai-based conglomerate will open its first Magic Planet In Saudi Arabia this year.

Dubai-Based Souq.com Plans 3-Day Mega Sale, Expects 7m Visitors

The sale, set to run from March 29-31, will have 2,500 product deals on offer.