Dubai – China Trade Shows Boom

Trade shows have lined up to provide a platform for trading between the China and Middle East regions.

Ahmed Seddiqi & Sons Buys Al Manara

UAE’s luxury watch retailer Ahmed Seddiqi & Sons has acquired Abu Dhabi-based jewellery chain, Al Manara.

Dubai’s MOE To Open 20 New Stores In 2012

Dubai’s Mall of the Emirates will host Prada’s third biggest store worldwide and American pancake house IHOP.

Nissan Infiniti Sales To Grow 25% In 2012

Exclusive: The Japanese carmaker will sell 200,000 units this year, said global executive vice president.

Qatar-Led Group Takes Over Damas

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.

A Winning Combination

Managing a company is all about building up team spirit, says Christophe Chenut, CEO of Lacoste.

Top Arab Spenders At Heathrow

London’s Heathrow Airport found that Saudi visitors were the Middle East’s biggest spenders in 2011.

Revealed: The World’s Top Ten Retail Nations

The UAE is the world’s second most popular country for global retailers, according to property adviser CBRE.

Giordano Unveils Expansion Plans, Web Store

Global fashion store will launch 14 more regional stores this year.

Dubai Duty Free Picks Banks For Loan

The airport retailer has chosen Dubai Islamic Bank, HSBC and Emirates NBD to arrange its $1.1 billion loan facility.

Almarai Reports $64.5m Q1 Net Profit

The Saudi-based dairy company said that net profits for the first quarter of the year rose 2.9 per cent year-on-year.

Heir To The Mall

The Gulf’s love affair with malls is far from over, but e-shops are making headway, writes Ryan Harrison.

Arab Multinationals Spread Wings

The GCC is among the least economically integrated regions in the world. But that is changing.

Global Shoppers Spend $497m During DSF

Interestingly, visitors from Russia were the biggest spenders in the UAE during the Dubai Shopping Festival, according to Visa.

MAF Holding Reports 10% Revenue Increase

Dubai-based mall and hotel firm pulls in profits amid MENA Arab Spring turmoil.

Reviving Ghosts Of The West

Gulf retail groups are resurrecting dying Western brands, but they face unchartered risks.

New System To Check Prices In UAE

The Ministry of Economy will now be able to monitor the flow of essential goods and their prices across the country.

Lacoste Builds ME Brand Presence

The brand hopes to increase its regional visibility by continuing to sponsor events like the Dubai Duty Free Tennis Championship.

Almarai May Increase Pepsi JV Stake

The Saudi dairy company is currently in talks Pepsico to up its 48 per cent stake in IDJ, their joint venture firm.

Mannai’s 2011 Profits Soar

The Qatari conglomerate saw net profits for the year increase by 21 per cent year-on-year to reach $76.6 million.

$100mn Boost For Saudi’s Al Raya

Levant Capital and Citi Venture Capital International have acquired a major stake in the Al Raya supermarket chain.

Consumer Confidence Drops

Confidence decreased substantially in Saudi Arabia during the last quarter of 2011, according to Nielson.

MAF Launches $400mn Sukuk

The mall operator is undertaking several new projects across the Middle East this year.

UK Brand George To Launch In ME

Lebanon’s Azadea Group will bring the fashion label to the Middle East later this year.

Bagging The World

Sibylle Schoen, CEO of luxury brand Aigner, tells Aarti Nagraj the story behind her success.

Tim Hortons Hot For The UAE

Alicia Buller catches up with Paul House, executive chairman of iconic Canadian cafe, Tim Hortons

Increasing Sales For Volkswagen ME

The German car company delivered 11,000 vehicles in the region during 2011, recording a 21 per cent sales growth for the year.

McDonald’s Extends IOC Deal

The fast food giant will continue sponsoring the Olympic Games for another eight years.

Can This Man Save Damas?

Anan Fakhreddin, the man charged with salvaging the reputation of Damas jewellery firm, tells Alicia Buller why he’s got one of the most difficult jobs in the region.