Articles
Dubai’s Rolls-Royce dealership overtakes Abu Dhabi’s to become world’s busiest
Despite the low oil price and challenging market conditions, the Middle East ended the year as the world's third-largest market for the marque.
Money & Me: Danube Group founder got an early start in financial responsibility
Danube Group founder Rizwan Sajan says his biggest regret was buying a Dh75 million villa in Emirates Hills as it means leaving his favoured Palm Jumeirah home once the building work on the new property is completed.
Dubai Duty Free sales dip on soft retail market
Dubai Duty Free (DDF) has reported a fall in revenues for the second year in a row.
Mena ‘unicorns’ Souq.com and Careem boost tech investments
The breakout year increases the chances of SMEs across the region attracting funding and bolstering the region as a centre of innovation.
Online retail to shake up UAE’s bricks-and-mortar sector
The announcement of Noon.com and speculation around Amazon’s ambitions in the region suggest a challenging year lies ahead for traditional retailers.
Marka chief resigns as retail environment continues to stagnate
Marka said that Khaled Al Mheiri, the vice chairman of Marka, will assume responsibilities in the interim. The company gave no reason for the chief executive’s sudden departure.
Malls of the UAE: The Dubai Mall exceeds standards in service and delivery, not just size
The latest instalment in our monthly mall-ology series explores the vastness of The Dubai Mall and finds a place that amazes shoppers and retail experts alike – although it does have a couple of problems that arise from its size.
Millennials take shine off Dubai gold sales
Stagnant gold sales? Faltering consumer confidence? It's Millennials' fault, say gold retailers trying to advertise to them.
Revenue rises at Nakheel’s Ibn Battuta Mall in Dubai
Retailers across the UAE have come under pressure from the weak oil prices and a strong dollar to which the dirham is pegged.
Pedestrianisation of Palm Jumeirah to start next year
The Palm Promenade will stretch for 1.5 kilometres along the island’s trunk, with pedestrian bridges connecting the area’s 30 apartment buildings with Al Ittihad Park, Palm West Beach and the Golden MileGalleria.
Strong dollar does not deter window shoppers in Dubai Mall
A stronger US dollar, and in turn dirham, has made the UAE a less appealing shopping destination for Europeans who are paid in pounds and euros. Tourists are still eager for sightseeing, though.
UAE car dealers expect tough year ahead as glut keeps prices low
New car sales in the UAE are down by nearly 30 per cent on last year and will not recover until the end of next year, according to Bill Carter, the head of valuation and product manager at Autodata Middle East.
SME profile: Spreading personal care products like Confetti in new markets
Ori Leslau's target is to have a presence in 20 or more countries and launch in South America in the next few years.
YouTube to offer region’s top creators incubator space in Dubai
YouTube has become one of the region’s most popular entertainment platforms with two hours of videos uploaded every minute.
Abu Dhabi Aviation extends training agreement with CAE
Abu Dhabi Aviation is the largest commercial helicopter operator in the Middle East, and operates a fleet of 60 helicopters, with aircraft maintenance, repair and overhaul facilities.
