Dubai Aims To Become Global Fashion Hub By 2020

The emirate, which recently announced a new design district, has now signed an agreement to create ‘Dubai Fashion 2020.’

Max Burger In Dubai: Taking A Big Bite

Richard Bergfors, CEO of the Swedish chain Max Burger, which recently launched in Dubai, tells Aarti Nagraj why he is confident of success.

UAE’s Sharaf Retail To Hire 1,500 Staff In 18 Months

The company, which operates brands such as Sharaf DG and Forever 21, is rapidly expanding across the region.

Reviving The Intimacy Of The Shopping Experience

Dubai Summer Surprises offers an opportunity to woo new customers, writes James Tracy-Inglis, managing director at Saatchi and Saatchi X

Dubai’s Ruler Announces New Fashion District

The ‘Dubai Design District’, located adjacent to the Business Bay area, will aim to become a full service commercial hub for the industry.

Heat-Resistant Chocolate Within Reach – Cadbury Maker

Mondelez International’s president for EEMEA said the maker of Oreo cookies has spent at least ten years on research.

Dubai Retailer MAF Delays Hybrid Bond Sale Citing Weak Market

The Majid Al Futtaim group planned to partly finance the $683 million acquisition of Carrefour’s stake through a hybrid bond.

Tom & Jerry, Batman Perfumes To Hit UAE Shelves

Warner Bros licenses regional operator to market the themed fragrances in the Middle East.

UAE’s Majid Al Futtaim Eyes $1bn Investments

The developer of shopping malls will go on a roadshow to raise money from institutional investors for the purchase of a minority share in Carrefour.

Top 10 Retail Brands That Launched In Dubai In 2012

Up to 25 new international retailers opened their stores in the emirate last year.

Carrefour Sells Stake In Middle East Venture To MAF For $683m

Majid Al Futtaim Hypermarkets operates 50 hypermarkets and 44 supermarkets under the Carrefour name.

Dubai Is World’s Fourth ‘Hottest’ Retail Market

The emirate welcomed 25 new retailers last year, says new study by CBRE.

Regional Exclusive: Armani Profit Up 20%

China and Europe boosted Italian fashion giant’s revenues to $2.7 billion in 2012.

Qatar Holding, Italy Fund Eyeing Versace

In April, Versace CEO Gian Giacomo Ferraris said the house may consider opening the company to outside investors to help fund expansion

Dubai Retailer MAF Close To Finalising Egypt Supermarket Deal

Majid Al Futtaim is eyeing the acquisition of Mansour Group’s Metro chain and discount grocery store Kheir Zaman.

MENA’s E-commerce Explosion

The region’s leading e-commerce players are braced for growth in 2013 following a wave of venture capital last year.

Five Minutes With…Rohini Gehani, CEO, Rivaage Boutique

As the world gets smaller individuals have more access to designers and couture items, says Rivaage Boutique founder.

Does The GCC Ignore Halal Cosmetics?

Some experts say the GCC suffers from a lack of local halal certification bodies, as buyers opt for European rivals.

Abu Dhabi Among Top 10 Global Shopping Centre Developments

The emirate is rapidly developing new retail space, finds new report.

Marks & Spencer, Mango Stores To Open In Al Ghurair Centre

The Dubai-based mall is undergoing a massive Dhs2 billion-expansion project.

Emirates NBD Eyes 40% Retail Lending Boom

ENBD presently generates around 95 per cent of its revenue from its home market, although it is hoping to increase its international business to 15-20 per cent in five years.

Feeding The GCC’s Growing Hunger

Driven by the GCC’s young population and high-income levels, the region’s food industry is witnessing heavy investment and rapid expansion.

Exclusive Interview: Colm McLoughlin, Executive Vice Chairman, Dubai Duty Free

With $16 million sales per day, is Dubai Duty Free’s success about being in the right place at the right time or a shrewd business strategy?

“I Eat A Burger Everyday,” Says Max Burger CEO

The Swedish burger chain recently opened its first store outside Scandinavia in Dubai.

Dubai Duty Free Sales Up 12% In Q1

The airport retailer recorded sales of Dhs1.6 billion in the first three months of the year.

Saudi Dairy Firm Almarai Sells $347m Islamic Bond

The SAR1.3 billion issue attracted orders worth SAR2.4 billion from institutional investors inside Saudi Arabia.

Qatari Investors To Buy 100% Of Printemps

Borletti and RREEF bought Printemps in 2006 from French luxury group PPR for 1.1 billion euros ($1.41 billion).

Dubai’s Deira City Centre Announces Dhs22m Redevelopment

New developments planned at the mall include easier Metro access and improved food court facilities.

Abercrombie & Fitch Joins Hollister In Dubai

The American fashion label will launch its first Middle East store in the emirate in 2014.

Qatar Not Considering Bid For Marks & Spencer – Source

Reports claimed Qatar Investment Authority was seeking a consortium for an £8 billion takeover of the British retail store.