Top Retail News

Noodle House to open 150 units

Jumeirah Group's branded restaurant division plans to open 150 outlets around the world within the next four years and is already halfway towards meeting its goal. Emirates Business 24/7 - 07Aug 07:27GMT
Damas in considering a second listing

(Arabic) Damas Jewellery mulls over another listing after its trading in DIFX on its debut day was listless with limited transactions. Al-Arabiya - 06Aug 10:26GMT
'Upto 30% increase in sales expected during DSS 2008'

Retail trade in Dubai is immensely contributing to further positioning the emirate as one of the world's major commercial centres, said Salem Al Ghurair, CEO of Al Ghurair City, a key sponsor of Dubai Summer Surprises 2008, and a member of the Dubai Shopping Malls Group. Press Release - 05Aug 08:23GMT
Adnoc to regularise diesel purchases

Diesel will be sold at Abu Dhabi petrol stations through prepaid cards only from August 16, said a senior official at Adnoc Distribution, the sole distributor of petroleum products in the emirate. Gulf News - 05Aug 05:37GMT
Nakheel Plans Mideast Stores With US Food Retailer

Nakheel, a Dubai World company, announced a partnership with leading US food retailer Balducci's to open the company's stores in the Middle East. Gulf News - 04Aug 08:27GMT
Souq.com Stores extends e-Commerce reach in UAE

Souq.com Stores, a pioneering service launched by Souq.com that allows businesses and individuals to set up their own exclusive online merchandise stores to showcase and sell products at fixed prices, is fast revolutionising the e-commerce scene in the UAE. Khaleej Times - 04Aug 06:29GMT
Mubadala, Majid Al Futtaim Plan Mall in Abu Dhabi

Mubadala Development Company (Mubadala) and Majid Al Futtaim Group announced the signing of a joint venture agreement to invest in a mixed-use development in Abu Dhabi which is scheduled for completion by 2012. Gulf News - 03Aug 08:20GMT
Food stores in KSA negotiate for 35 percent discount

Large food outlets in Saudi Arabia have begun negotiating for a 35 percent discount from suppliers prior to Ramadan, when demand for food increases sharply. The Saudi Gazette - 03Aug 07:39GMT
Kuwaiti firm buys Monoprix, Geant Casino

Sultan Center, a Kuwait-based company, announced that it has fully acquired Lebanon's Monoprix and Geant Casino supermarkets for $108 million. The Daily Star - 03Aug 07:01GMT
High fuel costs lift bread prices by 11 % in UAE

Bread prices surged by more than 11 per cent in 2007 despite a decline in the price of wheat - with experts blaming the surge on high fuel costs. Emirates Business 24/7 - 02Aug 04:27GMT

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