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Gold breaks $3,300 for first time in history as tariff war ramps upGold has set a new record by crossing a milestone level of $3,300 for the first time in history. The gold price has jumped 40% over the last 12 months, said media reports. Spot gold hit a record of $3,317.90 per ounce on Wednesday, resuming a ral More… |
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Saudi retail real estate sector undergoing key transformationSaudi Arabia's retail real estate sector is undergoing a transformation, driven by the country’s Vision 2030 initiative, economic diversification efforts, and an evolving consumer landscape. The outlook for 2025-2026 remains optimi More… |
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$1.4bn revamp plan for Mall of Emirates; 100 new storesMajid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer in the region, has announced a landmark AED5 billion ($1.36 billion) investment to transform Mall of the Emirates into a next-generation lifestyle destination. The projec More… |
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UAE-based e-commerce firm Quiqup launches Saudi operationsQuiqup, a UAE-based e-commerce logistics provider, has launched its core fulfillment and delivery services in Saudi Arabia, marking a major milestone in its regional expansion. This move is backed by the strategic support of the Mohammed bin Rashid Innov More… |
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Majid Al Futtaim to launch 30 new lifestyle stores in 2025Majid Al Futtaim, a leading shopping malls, communities, retail, and leisure pioneer in the region, has announced an ambitious expansion of its luxury retail portfolio for 2025. Following a record-breaking 2024, which saw a 26% growth in its lifestyle bu More… |
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Titan unveils first multi-brand lifestyle destination store in UAETitan Company, India’s premier fashion and accessories powerhouse under the Tata Group, has launched a revolutionary multi-brand lifestyle destination store - a concept that brings together three of its most iconic brands, Tanishq, Titan Watches, and Titan Eye+, under one roof. More… |
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Investcorp Capital sells prime US industrial portfolio for $360mInvestcorp Capital, a major player in the private markets and alternative investment sector, has announced that it has completed the sale of its US industrial real estate portfolio for an aggregate sale price of $360 million. The portfolio, which spans s More… |
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New Balance opens new outlet at Mirdif City CenterNew Balance, a major sports footwear and apparel manufacturer, has opened its new location at Mirdif City Center, Dubai. With this tenth store in UAE, the brand reinforces its commitment to growth and innovation in the Middle East. As New Balance continues its More… |
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DHL, Temu in deal to boost Europe, Mideast SMEs growthDHL Group, a leading logistics company, has signed a MoU with the e-commerce marketplace Temu to deepen their co-operation and to further expand their successful partnership. The agreement aims to enhance collaboration to better support local small and m More… |
