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Mon, 09 Nov 2009 | 23:40 GMT
 
Top Retail News

  • Record Surge In UAE Consumer Confidence


    The UAE ranks as the eighth most optimistic country in the world in Q3 of 2009. At 102 points, the UAE enjoys more consumer confidence than the global average of 86 - representing a rise of 13 points over six months in the latest Nielsen Global Consumer Confidence Index, conducted in 54 markets during September and October 2009. Press Release - 09Nov 12:45GMT
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  • Dubai-based online retailer Nahel.com celebrates its official launch


    Nahel.com, Dubai-based online retailer, officially opened its virtual doors for business this week. Unlimited by shelf space, the consumer-centric company offers over 10,000 products, with over 500 being added daily, and a product line spanning fashion, computers & office, electronics, health, beauty & perfume, watches, gaming & accessories. Press Release - 09Nov 10:28GMT
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  • GCC refiners suffer as petrol prices fail to keep pace with crude


    Petrol producers in the GCC are suffering because of rock-bottom profits, industry insiders said. "The wholesale price of petrol in the GCC has risen so far this year, but the profitability of producing petrol from crude oil (the crack spread) has fallen sharply," said Owain Johnson, an official with Argus Energy, a global energy advisor. Emirates Business 24/7 - 09Nov 08:02GMT
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  • Al Meera shares a prized possession


    Launched by a handful of adventurous and farsighted Qatari citizens as a small cooperative store years ago, the shares of Al Meera are now being voraciously lapped up by shark investors and big-time foreign institutional investors. The Peninsula - 09Nov 08:01GMT
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  • Dubai DSF 2010 To Kick Off On January 28


    The DSF Office has announced dates for the 2010 edition of Dubai Shopping Festival and Dubai Summer Surprises as it presents a preview of DSF 2010 to a global audience at the World Travel Market 2009, which begins on November 9, and goes on till November 12 in London. Gulf News - 09Nov 04:54GMT
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  • Danube Building Materials Launches Dh20m Retail Complex in Fujairah


    Danube Building Materials has opened its new Dh20 million 'Danube Buildmart' retail complex in Fujairah. Located on the main shopping street in Fujairah, the 35,000 square feet facility is the fifth branch of Danube's retail complex concept in the UAE. Khaleej Times - 08Nov 06:15GMT
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  • Voluntary winding up of a Subsidiary Company - Damas International Limited


    Damas International Limited announces the decision of the shareholders of its loss-making subsidiary Ms/ Damas Europe S.p.A (the Subsidiary), to voluntarily wind up. Press Release - 04Nov 14:51GMT
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  • Damas Agrees Repayment with Abdullah Brothers


    The Board of Damas International Limited today announced that the three Abdullah brothers have given a formal commitment to repay US$165 million to the company over the next 18 months Press Release - 04Nov 14:41GMT
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  • Dubai-based Online Retailer Expands With Launch of Quick Abu Dhabi


    Abu Dhabi will soon have its own online gifting website with the launch this month of Quick Abu Dhabi. Following in the successful footsteps of its sister company, Quick Dubai, the new website will offer the same quick, reliable service and quality gifts that customers have come to expect from Quick Dubai. Press Release - 04Nov 11:03GMT
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  • Woqod to introduce LPG tanks for households soon


    Qatar Fuels Company's (Woqod) fixed liquefied petroleum gas (LPG) tanks will soon cater to the domestic needs. Woqod had introduced bulk LPG tank concept for commercial uses earlier, replacing the 48kg (100 litre) cylinders. The Peninsula - 04Nov 08:01GMT
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Unilever Gulf UAE Household Chemicals
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01Nov Organized by dmg world media Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) (4 days from 01-04 Nov 2010)
04Oct Organized by PennWell Corporation POWER-GEN Middle East 2010 (3 days from 04-06 Oct 2010)
03Oct Organized by Riyadh Exhibitions Company Saudi Build 2010 (4 days from 03-06 Oct 2010)
07Jun Organized by BME Global WEPOWER 2010 (4 days from 07-10 Jun 2010)
25May Organized by Al-Iktissad Wal-Aamal Arab International Industrial Forum (4 days from 25-28 May 2010)
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Luxuries In Recession
Thanks in large part to the recession, the Middle East is fast becoming a much more sophisticated market for luxury merchandise.
 

 
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Luxury watchmaker TAG Heuer launched its first luxury mobile phone, the Meridiist, at a time when luxury phone makers began pulling back.
 

 
Lebanon
Modernizing The South
A new Geographic Information System that allows businessmen to better locate potential investors and supplies them with marking statistics and data is soon to be put into operation in the south of Lebanon.
 
 
 
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