Alhokair completed the purchase of Spanish clothing brand Blanco last month for 11 million euros.
Dubai’s retail industry is one of the most lucrative sectors for foreign investment, according to a new report.
The new cinema complex is located at ‘The Beach’, a retail destination being developed by Meraas Holding in Dubai Marina.
The mall will be built in phases with the first phase measuring almost 300,000 square feet.
My City Centre, Nasseriya in Sharjah, an investment worth Dhs84 million, will cater to smaller residential communities.
Al Khalidiyah Mall has launched a new 3D cinema and a bowling alley in addition to opening new international branded stores.
Shell’s Italian retail network will be rebranded Q8 as part of the agreement, the company said.
The developer confirmed that 120 retailers have booked spaces at Nakheel Mall.
The kids’ retail store, part of the Landmark Group, currently operates 40 stores in the UAE.
The Fashion District, unveiled on Monday, is the first phase of the mall’s Dhs1billion redevelopment programme.
The Dubai-based mall is undergoing a massive Dhs1 billion redevelopment programme.
Dubai’s retail units were assessed based on their efficiency in complaints resolution, fair pricing policies and customer opinions.
The GCC’s young population, economic well-being and a steadily rising GDP per capita will boost retail banking.
Major mall developers are targeting Sharjah’s retail sector as demand surges.
The new mall is located in Mohammed bin Zayed City.
The Pointe, a new Dhs800 million mall on Palm Jumeirah, is scheduled for completion in 2016.
The mall – measuring 2.5 million sq ft – will operate 400 stores and a 20-screen cinema.
McDonald’s UAE invested Dhs32 million in 2013, with 11 new stores and five renovations.
Emaar’s flagship mall also saw sales increase by 26 per cent last year.
TECOM Investments sold one million square feet of land at its International Media Production Zone.
The UAE-based conglomerate reported revenue of Dhs23 billion for 2013.
The company expects to complete construction of its ‘Mall of Egypt’ project near Cairo by the end of 2015.
The ‘Launching People’ initiative aims to help transform ideas into reality in four areas – fashion, education, invention and start-ups.
Fast food chain plots Asian and European expansion on top of openings in UK and North America.
Executive vice chairman Colm McLoughlin said the company will focus on the new Al Maktoum International airport.
The Swiss group, which owns 20 brands, saw its watches and jewellery segment grow by more than 10 per cent.
The UAE restaurant chain has signed five area franchise agreements with different partners across North America.
The company’s Foodmark branch plans to open 80 stores across the region over the next 10 years.
Perfumes, liquor and gold were the best selling products in 2013.
Themed ‘Shop At Your Best’ the festival this year features 150 events and activities.