Articles
UAE ranked world’s third-biggest spender on F&B
UAE residents spend about Dh68 on food per mall visit, placing the country behind Norway and Sweden, research from the property advisor CBRE showed.
UAE retailers rejoice as Saudis embrace shopping
The Saudi retail market grew by 13 per cent last year and it is estimated to offer 14 per cent compound-annual growth by 2020, according to the consultants Euromonitor International.
UAE residents’ savings plans this year affected by rent, bills and school fees
About 84 per cent of those polled believed they have not saved enough for their future, compared with 77 per cent in a similar study in 2014.
Masdar City pushes for tenant growth
The plans include an expansion of the net leasable area – the area minus the hallways, stairwells, lobbies and utility rooms – within the free zone by 32 per cent every year over the next four years.
Shay Dubai, anyone? Plans are brewing for emirate’s own luxury tea brand
The high-end brand will be marketed in different flavours, including Dubai Spirit, Khaliji Blend and Arabic Breakfast, the DMCC said on Wednesday.
UAE residents cutting back on eating out as spending habits shift
Two thirds of all respondents spent more on food and drink to consume at home and 69 per cent spent more on household items.
Souq.com joins UAE fight on counterfeit items sold online
Souq.com lists 1.5 million products across 31 different categories with 45 million visitors per month.
Abu Dhabi’s World Trade Centre to open five licensed restaurants in retail mix shake-up
The first licensed restaurant signed up, and now opened, was Jazz@Pizza Express. It is to be joined shortly by Bu, Tamba, BYB and Original Fusion on the upper levels of the mall.
Gitex retailers hope for spark in Dubai as love affair with gadgets fades
Big electronics retailers are forecasting another tough year ahead for sales growth as people take longer to replace their gadgetry.
Marka expands Cheeky Monkeys into Saudi Arabia
The kids entertainment centres will open as part of a franchise agreement in the kingdom.
Clothing bargains coming to Dubai World Trade Centre with spring clearance sale
Some of the biggest retailing groups in the UAE, including RSH, Azadea Group, Apparel Group, Alshaya and Landmark Group have come together with the Dubai Festivals and Retail Establishment to offer the new free-to-enter event.
UAE retailers looking to Gitex in Dubai for sales bump
The event, held at the Dubai World Trade Centre from Wednesday to Saturday, is renowned for its bundles of electronic products at bargain prices.
SME profile: Founder of Future Earth Dubai embraces all things green
Seeing a big push in the region for renewables, Don Anderson saw an opportunity and founded Future Earth Dubai, offering sustainable sources of power using hybrid technologies that harness both wind and solar energy.
