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Tag: uae

Retail Asia16/03/2021
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Logistics

Vietnam posts $665 million trade surplus with the UAE

1min0
Vietnam posted a $665 million trade surplus with the United Arab Emirates (UAE) in the first two months of 2021, alongside an increase in both exports and imports. Vietnam’s exports to the UAE rose 60 percent year-on-year $737 million, while imports increased 44 percent to $72 million, according to the General Department of Vietnam Customs. […]
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Retail Asia14/03/2019
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Logistics

Dubai now as important as Singapore for DHL

16min0
Brexit, trade wars, an economic slowdown in China and humanitarian crises on the regional doorstep – despite these headwinds, Amadou Diallo, DHL Global Forwarding CEO for the Middle East & Africa, isn’t worried. The outlook for the logistics sector in the UAE for 2019 is upbeat, DHL’s recent Global Connectedness Index put the country at […]
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Retail Asia13/03/2019
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Fashion

Islamic clothing market growing to US$88bn by 2025

3min0
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 […]
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Retail Asia27/07/2018
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Food

Fast food chain Jollibee to open 25 stores

2min0
Philippine fast-food chain Jollibee plans to open 25 UAE stores by 2020. Describing the UAE as “a key market” in its regional development plans, Jollibee has already opened a 12th store in Al Ain Mall and is preparing two other mall locations in Abu Dhabi and Dubai. It has also updated its menu offerings to […]
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Retail Asia02/04/2018
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Finance

HSBC gears for new retail banking push in the UAE

7min
Global banking giant HSBC, with a focus on the premium segment of the consumer banking business is looking to expand its retail lending, liabilities and wealth management business to a wider audience. “We are looking at the full corporate employee programmes to expand our retail business. We want to deal with payroll type solutions from […]
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Retail Asia24/11/2016
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General

Nokia, UAE to develop drone ecosystem

4min0
Nokia has teamed up with the United Arab Emirates General Civil Aviation Authority (GCAA) to drive the development of an end-to-end Unmanned Aerial System (UAS) ecosystem. The collaboration will will make the UAE the first country in the world to allow the operation of drones by both businesses and government agencies in a safe, secure […]
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Retail Asia27/06/2016
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Living

Lulu opens new hypermarket in Malaysia

4min
UAE-based retail major Lulu Group has opened its first hypermarket in Kuala Lumpur, Malaysia, as part of its plans to further consolidate its retail presence in the Far Eastern region. The 250,000 sq ft hypermarket was inaugurated by the Malaysian Prime Minister Datuk Sri Najib Tun Razak in the presence of Dato Sri Dr Ahmed […]
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Retail Asia16/04/2016
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General

Dubai retail sales to beat global cities in 5 years

2min
The Dubai Mall ranks higher than London’s Regent Street and New York’s Fifth Avenue in the overall quality of its retail offerings. It’s also ahead of the Champs-Elysees in Paris, according to the latest Global Retail Destination from Savills, a UK consultancy. In terms of city rankings, New York leads the way, ahead of London […]
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Retail Asia07/04/2016
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Fashion

K-beauty spreads worldwide

4min0
The ‘K-beauty’ market is expanding its sphere of influence beyond Asia, and reaching out to other global markets. According to Aju News, a Korean newspaper, Korean cosmetics brands are exploring new markets worldwide. As the global interest in K-pop and K-dramas is rising, women all over the world are now looking at K-cosmetics. Amore Pacific has been eyeing the […]
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Retail Asia09/11/2015
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Fashion

Jeweller Malabar to expand in Asia, Gulf

2min
Indian retailer Malabar Gold and Diamonds says it will open 22 new stores in India, the Gulf and ‘the Far East’ over the next six months. New showrooms will be opened in Hong Kong and Indonesia as part of the plan, but there are no details as yet on timing or exact location. To help […]
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Retail Asia28/10/2015
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Food

Pancake House heads for Dubai

3min
Philippines-based Max’s Group has signed a contract to launch Pancake House in Dubai. The QSR and cafe operator will open at least eight Pancake House restaurants in the UAE in partnership with master franchisee Lulu Group. Max’s Group is the Philippines’ largest operator of fast food and QSR restaurants, and this week’s deal is one […]
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Retail Asia21/09/2015
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Living

Lulu Group to enter Indonesia

4min
Plans $500mn investment in the country over the next five years The first LuLu Hypermarket in Indonesia will be opened in Jakarta by the year-end as the group has announced plans to invest $500mn in the country over the next five years.  The announcement came during the visit of Indonesian President, Joko Widodo to Abu […]
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Retail Asia16/07/2015
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Food

Smoothie King eyes Asia

2min
Fresh from sealing a deal to enter the UAE, US chain Smoothie King is now seeking partners to enter seven Asian markets, along with Australia. With more than 700 locations worldwide and plans to top 1000 locations globally by the end of 2017, Smoothie King has signed up Al Ghurair Retail to open across the […]
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Retail Asia23/06/2015
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Food

Jamba Juice Indonesia to open subsequent yr

2min
PT Sari Gemilang Makmur has gained the franchise rights to Jamba Juice Indonesia. The US smoothie chain Jamba Juice has launched into an aggressive worldwide enlargement technique with some 600 new cafes now within the improvement pipeline in South Korea, Taiwan, Thailand, the Philippines, Mexico, UAE, Saudi Arabia, Bahrain, Oman, Kuwait, Qatar and Canada. Sari […]
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