Saturday 9 December 2023

Cenomi Retail to bring Viennese coffee houses to Saudi Arabia

Cenomi Retail has announced an agreement with Vienna-based coffee company Bieder & Maier Coffee to bring Vienna coffee houses to the Kingdom of Saudi Arabia.    The deal was announced following support from the Ministry of Investment of Saudi Arabia (MI


RACE summit probes climate finance options

Climate finance was top of the agenda at the second edition of R.A.C.E. Sustainability Summit held on the opening day of COP28 in the UAE.   The conference aimed to identify strategies to bridge the $11 trillion capital gap between what is required f


Apparel Group seals ESG-linked finance deal with UAE banks

Apparel Group, a leading fashion and retail conglomerate with a robust global presence, has announced the signing of Environmental, Social, and Governance (ESG)-linked term facilities with two of the country's leading banking groups - Emirates Islamic and Emirates NBD.


Diflex to be region’s largest footwear, leather products show

The region’s largest footwear and leather products show, Diflex 2023, will debut from December 11 to 13 amid growing demand for footwear and leather goods in the Middle East and Africa, which is estimated to hit $20 billion by next year.   In a statement,


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