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.