Luxury retailers in the region need to innovate to attract savvy customers, says a new study by BCG.
As Tiffany & Co. announce a new JV in the region, a global report says the luxury goods market is growing.
Qatar has the highest levels in the Middle East while Egypt sets a record; Lebanon scores the lowest.
Government reminds retailers and suppliers not to raise food prices ahead of Ramadan and iftars.
The Dubai airport retailer will use funds from the international credit facility to finance on-going expansion.
Qatar Holding is planning to open Harrods branded hotels in Malaysia, Paris and New York.
The Swiss company is opening a Dhs500 million manufacturing plant in Dubai World Central.
UAE mall developer Majid Al Futtaim Holding plans to issue a dollar-denominated bond this year.
The UAE ranks highest in the region for global retail expansion, says a report by A.T. Kearney.
Luxury retailers in the emirate are hiring Cantonese and Mandarin speaking staff to cater to Chinese visitors.
Camelicious’ umbrella company has revealed huge growth in sales since its inception.
Exclusive: Eros, Samsung’s UAE distributor, says that the brand will soon lead the country’s mobile market.
Taco Bell is to join KFC and Pizza Hut as a recognised restaurant brand in the Middle East, says CEO.
The five-year plan will fund the expansion of the Saudi Arabian dairy company and boost its product innovation.
The airport retailer has increased the size of its loan facility because of high demand, an official has said.
Chinese firm Chinamex is building a multi-million-dinar Chinese-themed retail shopping mall in Manama.
As malls in Dubai announce massive expansion plans, experts express no concerns and say shoppers will come.
Trade shows have lined up to provide a platform for trading between the China and Middle East regions.
UAE’s luxury watch retailer Ahmed Seddiqi & Sons has acquired Abu Dhabi-based jewellery chain, Al Manara.
Dubai’s Mall of the Emirates will host Prada’s third biggest store worldwide and American pancake house IHOP.
Exclusive: The Japanese carmaker will sell 200,000 units this year, said global executive vice president.
A consortium led by Qatar’s Mannai Corp said that its $445 million offer for a majority stake in the Dubai jeweler has been accepted.
Managing a company is all about building up team spirit, says Christophe Chenut, CEO of Lacoste.
London’s Heathrow Airport found that Saudi visitors were the Middle East’s biggest spenders in 2011.
The UAE is the world’s second most popular country for global retailers, according to property adviser CBRE.
Global fashion store will launch 14 more regional stores this year.
The airport retailer has chosen Dubai Islamic Bank, HSBC and Emirates NBD to arrange its $1.1 billion loan facility.
The Saudi-based dairy company said that net profits for the first quarter of the year rose 2.9 per cent year-on-year.
The Gulf’s love affair with malls is far from over, but e-shops are making headway, writes Ryan Harrison.
The GCC is among the least economically integrated regions in the world. But that is changing.
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