Retail

Not just GCC: Why is Carrefour shutting shop worldwide?

The group’s market value has shrunk to about €9 billion — a fraction of its past size

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A Carrefour hypermarket in Bangkok, Thailand.

Saudi fintech Tamara secures massive $2.4b financing

One of the largest of its kind in region, new facility expands previous $500m arrangement

The 'buy now pay later' schemes are turning out to be quite popular as more retailers in the UAE tie up with fintech platforms to ease the purchase decision for shoppers.

Carrefour exits, HyperMax enters Bahrain market

Majid Al Futtaim launches HyperMax a day after Carrefour ends Bahrain operations

Majid Al Futtaim is the exclusive operator of Carrefour in the Middle East and North Africa since 1995.

Al-Futtaim buys half of Saudi retailer for $670m

Dubai conglomerate also extends SAR 1.35bn loan facility to strengthen partnership

Saudi Arabia's Cenomi has more flagship shopping and lifestyle destinations coming through the project pipeline. Two of them should be ready in second-half 2025.

Mall of the Emirates expansion: All you need to know

Dubai’s iconic mall rebrands for its 20th anniversary with a massive new transformation

The multi-year expansion programme will add 20,000 sqm of retail space.

Apple's new iPhone Air and more launched

New iPhone Air, AirPods, and Apple Watch models unveiled with advanced features

The breakthrough iPhone Air is perfect for those who want pro performance in an unbelievably thin and light design that’s more durable than any previous iPhone.

Over 40 malls, outlets united under Dubai Retail brand

Move is a result of integrating Nakheel, Meydan into Dubai Holding last year

Nakheel Mall will now be known as Palm Jumeirah Mall.

Over 500 exhibitors to join Sharjah jewellery fair

Expo Centre Sharjah to host the edition with 1,800 designers, exhibitors from 21 countries

Sharjah to host 56th Watch and Jewellery Middle East Show this month

RDO broke rules in Lulu land case in Thrissur: Court

The Court orders fresh review of Lulu Group’s land conversion plea

The Kerala High Court observed that the land was removed from the databank without following mandatory procedures

Spinneys to open 10 new stores in Kuwait

Grocery giant partners with Alshaya Group for joint venture, with first store set for 2026

The initial rollout plan includes the opening of ten new stores across Kuwait, with the inaugural location anticipated to welcome customers in 2026.

14 new investment opportunities launched in Hatta

Initiative to boost local economy, create jobs and support small businesses

The Hatta Sustainable Waterfalls is a major tourist attraction within the Hatta Dam area.

Now shop and pay with crypto, India's UPI using PayPal

New tools aim to cut cross-border costs, simplify global payments for users, merchants

The Paypal app.

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