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.
Interestingly, visitors from Russia were the biggest spenders in the UAE during the Dubai Shopping Festival, according to Visa.
Dubai-based mall and hotel firm pulls in profits amid MENA Arab Spring turmoil.
Gulf retail groups are resurrecting dying Western brands, but they face unchartered risks.
The Ministry of Economy will now be able to monitor the flow of essential goods and their prices across the country.
The brand hopes to increase its regional visibility by continuing to sponsor events like the Dubai Duty Free Tennis Championship.
The Saudi dairy company is currently in talks Pepsico to up its 48 per cent stake in IDJ, their joint venture firm.
The Qatari conglomerate saw net profits for the year increase by 21 per cent year-on-year to reach $76.6 million.
Levant Capital and Citi Venture Capital International have acquired a major stake in the Al Raya supermarket chain.
Confidence decreased substantially in Saudi Arabia during the last quarter of 2011, according to Nielson.
The mall operator is undertaking several new projects across the Middle East this year.
Lebanon’s Azadea Group will bring the fashion label to the Middle East later this year.
Sibylle Schoen, CEO of luxury brand Aigner, tells Aarti Nagraj the story behind her success.
Alicia Buller catches up with Paul House, executive chairman of iconic Canadian cafe, Tim Hortons
The German car company delivered 11,000 vehicles in the region during 2011, recording a 21 per cent sales growth for the year.
The fast food giant will continue sponsoring the Olympic Games for another eight years.
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.
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