Union Coop Distributes 24% Cash Dividend; 6% Return On Shareholder Purchases
The General Assembly of Union Coop – the largest Consumer Cooperative in the UAE, distributed dividend at 24%, in addition to 6% return on...
‘The Market’ Retailers To Benefit From 3 Month Rent Relief
Announcement in line with respite measures adopted as part of the global pandemic impact offering support to tenants
Properties Investment (PI) - a Dubai Investments...
Nakheel Pledges AED 230 Million Relief Package, Rental Holidays
Master developer Nakheel has announced a Dh230 million ($62.6 million) economic relief package for customers in the wake of the Covid-19 outbreak.
The initiative is...
COVID-19: NCTH Exempts Retail Tenants From Rent For 3 Months
The National Corporation for Tourism & Hotels, NCTH, announced that tenants of retail shops and restaurants at its hotels will be exempted from rents...
Emaar Malls Profit Up 2.5% in 2019, Revenue Rose 5%
Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded a five percent increase in revenue to AED4.673 billion (US$1.272 billion),...
Middle East Retailers Relying on Data-driven Retail Models to Woo Digital...
MENA the fastest growing region globally for e-Commerce with an annual growth rate of 25 per cent
Optimizing Customer Experience & implementing OmniChannels...
‘Market Outside The Box’ Is Back
Bespoke buys, avant-garde fashion, on-trend food trucks and handcrafted jewellery in an alfresco festival setting with the backdrop of the Burj Khalifa; Swyp Market...
Kuwait’s retail sector remains robust, bucking regional trend
Report gives sector-level analysis across residential, retail, office, industrial and hospitality property
Includes pricing research and analysis of real estate trends in Kuwait...
Dubai Retail Calendar 2020 Revealed
The Dubai Retail Calendar 2020 has been revealed and will include the following festivals and events:
Dubai Shopping Festival (26 December 2019 – 1 February...
Strong GCC Consumer Optimism Underlines Opportunities for E-Commerce & Tourism
In a recent regional BCG study, 90% of consumers have expressed high optimism for their futures, with more than a quarter planning to increase...
Dubai Shopping Festival To Shine Brighter Than Ever in Landmark 25th...
The 2020 edition of the Dubai Shopping Festival is a celebration of 25 successful years of establishing Dubai as a leading retail destination...
Nakheel Mall opens on Dubai’s Palm Jumeirah
Nakheel Mall, the new shopping, dining and entertainment destination at the heart of Palm Jumeirah, was officially opened by Nakheel Chairman, Ali Rashid Lootah...
Focus on “Technology” at Retail Congress MENA 2019
Retail Congress MENA 2019’s first day of the conference on was packed with high energy and focus on “Technology”, the sessions were presented by...
Are Millennials Resetting the Flavours of the F&B Industry?
There are plenty of stereotypes surrounding millennials. Their supposed fascination with avocados, reluctance to leave the family home, and obsession with social media have...
“The Age Of Focus” marks 26th year of the Retail Congress...
Celebrating its 26th year, the Middle East Council of Shopping Centres & Retailers (MECS+R) is proud to organize the Retail Congress Middle East &...
Middle East Council of Shopping Centre + Retail launches 2019 Directory
The Middle East Council of Shopping Centres + Retail has launched the regions most extensive source to shopping malls, retailers & suppliers, the 2019...
Emaar Malls to distribute Dh1.3b cash dividends to shareholders
The fourth Annual General Meeting (AGM) of Emaar Malls will be held on April 23, 2019, which will discuss the proposal of the board...
1 in 5 UAE residents are likely to buy a new...
Men are more likely to buy a car online as compared to women
A fifth of UAE residents are likely to buy a first-hand car...