Mall of the Emirates earns $1,423 per square foot every year, says new research.
The dairy producer’s third quarter revenue rose 27 per cent to SAR2.7 billion.
The airport retailer saw sales increase 10 per cent year-on-year during the first nine months of 2012.
The publisher of the glossy will open the café in Dubai Mall later this year.
The London-based investment fund has backed online fashion site Namshi just one year after it launched.
The UAE-based shopping mall operator hopes to start construction on the project by the end of 2012.
The UAE-based shopping mall developer made a gross revenue of Dhs10.7 billion for the first half of the year.
Majid Al Futtaim-owened malls have seen a 15 per cent rise in footfall for the first half of the year.
The MENA region ranks fifth most popular destination for international expansion, with UAE most popular country.
Ernst & Young survey shows shoppers in the region are more loyal to their preferred brands than shoppers in the UK or US.
Returning consumer confidence is a driving factor for the UAE luxury sector.
The Qatari-owned investment company increases its luxury goods portfolio with British fashion brand.
The biggest hikes were recorded in the prices of fish, vegetables and meat, according to official statistics.
Chugani set up the Middle East, India and Africa Giordano network
With the halal industry reaching over $2 trillion in value, South Africa has emerged as a surprising global leader in halal certification, writes Peter Shaw-Smith.
Property giant Emaar reports 2012 profit rise citing Dubai’s strengthening economy.
The food and beverage company made a net profit of Dhs56 million during the first half of the year.
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.
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