#Retail

ADCB expands mortgage business, acquires portfolio from Abu Dhabi Finance

Customers are expected to transfer to the ADCB banking platform during the first half of 2021

Carrefour employs more Tally robots across its UAE stores

Eleven more Tally robots to be added for stock management and control

UAE-HEALTH-VIRUS Sharjah

Covid-19: Sharjah announces restrictions, cuts capacity at malls, gyms and cinemas

Cinemas and entertainment centres as well as gyms and fitness centres are permitted to operate at 50 per cent of their total capacity

Abu Dhabi’s Aldar Properties announces new operating model to drive growth

Aldar Investment and Aldar Development will be led by their own CEOs – Jassem Busaibe and Jonathan Emery, respectively

Power Letters 2021: Khaled Soliman, CEO, Jashanmal Group

The year 2020 will go down in history as a year of change, a year of the enduring and resilient human spirit

The Toy Store

Dubai-headquartered The Toy Store owner ceases operations

Gulf Greetings General Trading was also the operator of Hallmark stores in the UAE

In pics: Abu Dhabi’s Al Qana project, featuring region’s largest aquarium, now 90% complete

Spread across 2.4km, the waterfront destination is expected to open this year

Abu Dhabi’s ADNOC Distribution to acquire 15 fuel stations in Saudi for $10m

The stations, located in the eastern region, with sites on both the highway and within communities, will be refurbished

AlZahia - city centre 1

New Sharjah mall City Centre Al Zahia on track to open in March 2021

The mall will be home to brands from Landmark and Azadea Group

Vaccine rollout will boost the UAE’s economy – Majid Al Futtaim CEO

Alain Bejjani said that the UAE’s retail economy “should be back to 2019 levels” by mid-2021

RSH 1

Dubai’s GMG acquires Southeast Asian sports retailer Royal Sporting House

GMG will now operate over 550 sports retail stores in 57 cities across 12 countries

Dubai Real estate

Four steps for UAE businesses to up their e-commerce game

Many consumers are unlikely to give up online shopping even after the pandemic ends

Dubai’s noon to make ‘substantial investment’ in mother and baby market – Alabbar

The launch of the segment – expected in the coming months – will see noon unveil several new products

Snow cinema

Majid Al Futtaim launches ‘cinema in the snow’ at Ski Dubai

The experience is available from December 11 until the end of February

Noon and Emaar

Dubai’s noon.com offers luxury apartment during Yellow Friday sale

The raffle starts on November 26, and will conclude at midnight the following day

Shop now, pay later payment platform Spotii makes Saudi debut

Customers can make interest-free payments over four equal instalments

The-Dubai-Mall-Fashion-Avenue-exterior

Emaar Malls reports 66% decrease in net profit for January-September 2020

It reported a net profit of Dhs586m and revenues of Dhs2.493bn during the same period

Dubai Economy fines 3 businesses for flouting Covid-19 measures

Inspections found that 748 shops and commercial establishments fully complied with the precautionary measures

Jose Neves Farfetch

Exclusive: Farfetch founder José Neves on the exponential growth of luxury fashion e-commerce

José Neves talks about the rationale behind smart acquisitions, building white-label digital infrastructure for companies, and why the Middle East region is vital to its business

CEO ATKINZ GROUP - Mojtaba Shekofteh

Gold and pearl toothpaste: Here’s how Atkinz Group is entering the UAE market

Retail group Atkinz is seeking grow its regional presence by creating unique luxury products reveals Mojtaba Shekofteh, the group’s founder and CEO

Aldar HQ Abu Dhabi

Aldar Properties offers UAE frontline workers Dhs4,000 Yas Mall vouchers, refunds on property purchases

Those eligible for this scheme will also be offered a 30 per cent discount across Aldar’s hotels, golf resorts and food and beverage outlets

DSF_Al Seef fireworks

Dates revealed for next edition of Dubai Shopping Festival

The event will run from December 17, 2020 until January 30, 2021

Sainsbury's kibsons

Sainsbury’s enters UAE through exclusive partnership with Kibsons

There will be over 500 products from Sainsbury’s available to purchase via Kibsons

Dubai

Dubai fines 5 businesses, warns 7 for flouting Covid-19 measures

The violations were spotted in establishments located in Hor Al Anz and Naif areas

waitrose

Supermarket chain Waitrose to charge for plastic bags as part of sustainability initiative

All proceeds from the sale of plastic bags will be donated to Emirates Nature-WFF

GCC’s e-commerce sector set to reach $50bn by 2025

Businesses in the retail sector must make the online transition to firmly position themselves in the post-Covid retail revival

Dubai

Dubai fines 8 businesses, warns 13 for violating Covid-19 protocols

The inspections teams also found that 656 commercial establishments fully complied with the precautionary measures

Galerija-Belgrade-3-852x568

Eagle Hills’ $3bn Belgrade Waterfront project ‘not profit-driven’ – Alabbar

Alabbar, founder of UAE-based Eagle Hills, was speaking at the pre-opening of the mega Galerija mall

UAE-DAILY LIFE Dubai Burj

Dubai Economy fines 18 entities, warns 12 others for non-compliance with Covid-19 protocols

The businesses which were issued fines were spread across several shopping centres, as well as Dubai International City, Al-Daghaya, and Ayal Nasir

Dragon Mart Dubai

Dubai’s Dragon Mart launches e-commerce platform

Nakheel Malls has partnered with DP World for this initiative