Tag: middle east

Retail Asia27/08/2021
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The Swiss wealth giant nabbed five wealth managers from Credit Suisse in the United Arab Emirates. Zurich-based UBS is expanding in the Middle East by hiring Georges El Khoury, currently country head in the U.A.E. for Credit Suisse. El Khoury will report to Ali Janoudi, an influential UBS group managing director who oversees the Middle East and Africa private […]

Retail Asia06/08/2019
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China’s Luckin Coffee wants to expand into India and the Middle East. The company has signed a memorandum of understanding to create a joint venture with Kuwait-based Americana Group which will open stores across the Greater Middle East and India. No further details have been released, according to Reuters. Luckin, which sells coffee by app […]

Retail Asia17/05/2019
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Automobili Pininfarina has announced the introduction of its fully-electric hypercar, Pininfarina Battista, in the Middle East market. Expected to be priced around $2 million ( ₹ 13.95 crore approx.), the Italian marque’s zero-emission electric hypercar was launched in Dubai, at specialist luxury car retailer Adamas Motors showroom. The new Battista electric hypercar is slated to […]

Retail Asia13/03/2019
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The global Islamic clothing market is expected to reach US$88.35 billion by 2025, according to a new report by US marketing and consulting firm Grand View Research. Increasing expenditure by Islamic populations on lifestyle and apparels, especially among the wealthy, elite, and traditional Middle Eastern populations, is expected to propel demand. In 2017, ethnic wear […]

Retail Asia24/10/2018
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Robotics and warehouse automation company GreyOrange announced plans for the installation of its newest Linear Sorters in several locations across Asia; in Saudi Arabia, India and the Philippines. Equipped with advanced software, these high-speed Linear Sorters will deliver the flexibility and scalability required by retail, FMCG, e-commerce and third-party logistics(3PL) operators to manage high volumes […]

Retail Asia24/09/2018
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Giordano Middle East has opened six new stores and relaunched its e-commerce platform. The new stores are located at the Ajman City Center and Ibn Battuta Mall in the UAE, Riyadh Park, Villaggio Mall and Lulu Briman in Saudi Arabia and at Al Kout Mall in Kuwait. The Hong Kong-headquartered, global fast-fashion brand has also […]

Retail Asia19/07/2018
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Middle Eastern e-commerce firm Noon.com is coming to Asia. The venture of Dubai billionaire Mohammad Al Abbar and Saudi Arabia’s Public Investment Fund (PIF) announced its launch in Asia, with two units in China and an office headquarters in mainland China. The $1 billion Internet retailer said one of the units will serve as sourcing […]

Retail Asia12/12/2017
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The political tension between Seoul and Beijing has eased after a summit between the two leaders during the APEC Summit, but K-beauty companies are diversifying their overseas operations instead of returning to the Chinese market. Supermarket chain E-mart said  that it has signed a franchise deal with Saudi Arabia’s largest retailer Fawaz Alhokair. Under the […]

Retail Asia30/03/2017
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US e-commerce business Amazon has bought the leading online marketplace in the Middle East, Souq.com. “Joining the Amazon family will enable Souq.com to continue growing while working with Amazon to bring even more products and offerings to customers worldwide,” the US company said in a statement. Souq.com is the largest online retail and marketplace platform […]

Retail Asia01/11/2016
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Eros Now, the digital OTT platform of Eros International, now has mobile billing integration capabilities with major telecom operators in the United Arab Emirates and Qatar. Mobile billing integration is at the heart of Eros Now’s penetration strategy to enable consumers to experience Indian entertainment, which includes Bollywood and regional content across major networks and devices, and will […]

Retail Asia29/01/2016
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3min
Alwi Shihab, the Presidential envoy to the Middle East and the Organization of Islamic Coopeation (OIC), said that several Middle Eastern countries had expressed their interests to develop Indonesian beaches. Alwi revealed the Middle Eastern countries planned to build bigger exclusive resorts in order to compete with the famous Maldives. “Many Middle Eastern countries want […]

Retail Asia25/08/2015
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2min
South Korea’s LG Electronics is making a strong push into the Middle East, opening premium brand shops in the area. The company is deliberately positioning its brand at the higher end of the market to differentiate it from lower cost brands. LG says it has opened a premium brand shop in Jordan on Mecca Street, […]

Retail Asia22/06/2015
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Cell phone case idea Kase is about to broaden its journey retail presence after the early success of its first airport retailer within the Philippines. Kase opened a retailer in Manila’s Ninoy Aquino Worldwide Airport in February in partnership with Regent Distributors. It contains a broad vary of instances for smartphones and tablets – a […]

Retail Asia25/05/2015
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Tokyo is the world’s hottest market for retail expansion, attracting 63 new global brands last year as leasing momentum in core areas remained strong. In a list dominated by Asia and Middle East cities, Singapore ranked second with 58 new entrants, outshining Hong Kong which tied for fifth with Dubai (45 each) in the CBRE […]


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