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Wed, 07 Jan 2009 | 18:04 GMT
 
Top Retail News

  • Harman opens new showroom


    Harman House, the electronics store, on Tuesday inaugurated a 3 million euros (Dh15.49 million) showroom at Dubai Mall, adding to the prior seven locations in the UAE. Gulf News - 07Jan 05:50GMT
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  • Milk powder prices set to decline in UAE


    The price of milk powder in the country is set to drop as the UAE Ministry of Economy is working with leading suppliers to adjust their prices in line with international prices. Gulf News - 07Jan 05:24GMT
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  • harmanhouse reveals largest AV experience showroom in Dubai


    harmanhouse, the market leader in home/professional/car infotainment, today revealed its largest AV showroom at The Dubai Mall, which is in fact one of the largest AV outlets in the Middle East. Press Release - 06Jan 14:19GMT
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  • UAE MoE strengthens co-ordination with suppliers to reduce prices


    The UAE Ministry of Economy will strengthen its co-ordination with the suppliers of various essential commodities to ensure that the prices are reduced, as and where possible, and in line with international trends, said H.E. Sultan Bin Saeed Al Mansouri, Minister of Economy. Press Release - 06Jan 12:02GMT
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  • Landmark Group appoints ICLP as its loyalty agency in the region


    Landmark Group, one of the Middle East's largest retail groups has announced the appointment of ICLP as their loyalty agency of record after a four way pitch. Press Release - 06Jan 10:39GMT
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  • Dubai Duty Free Sales Increase 23% to Dh3.95b


    Dubai Duty Free (DDF) said its sales increased 23 per cent to Dh3.95 billion last year, despite the fact that the global aviation industry was set to lose over $7 billion (Dh25.74 billion) by next year. Gulf News - 06Jan 09:59GMT
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  • Two luxury clothing stores open doors in Doha


    Two luxury clothing stores have opened shop in the Landmark Mall in Doha recently. The Peninsula - 06Jan 07:49GMT
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  • DIP Unveils Luxury Sunset Mall


    Dubai Investment Properties (DIP), the leading real estate developers in UAE, has launched its exclusive multi-million 'Sunset' mixed-use development project in Dubai. Khaleej Times - 06Jan 07:00GMT
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  • Bargains galore as electronics traders engage in pricing war


    With electronics manufacturers around the world desperate to increase sales in challenging times, traders and distributors in the UAE are engaged in a price war to clear their inventories. Emirates Business 24/7 - 06Jan 06:30GMT
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  • Demand For Warehouses Outstrips Supply In Dubai


    The shortage of warehouses continues to plague Dubai despite the liquidity crunch. And this shortage, expected to last for another three to four years, will further push prices up. Emirates Business 24/7 - 05Jan 09:12GMT
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Saudi General Organization for Social Insurance has boosted its stake in Qassim Cement to 17.5% - 05Jan
 
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Howard Davidowitz, Chairman of Davidowitz Associates, talks to the Business Breakfast from New York to outline the dire state of the US retail market.
Dubai Eye - 05 Jan 2009

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Companies in Retail

Most viewed companies by Community in the last 24 hrs
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Philip Morris Management Services (Middle East) Region-wide Tobacco
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Chalhoub Group UAE Personal Care Products
Mouawad National Jewellery and Watches Saudi Arabia Jewelry and Watches
Eastern Commercial Agencies UAE Electronics and Appliances
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Johnson and Johnson (Middle East) UAE Personal Care Products
NewBoy UAE Toys and Games
 

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Ras Tanura Integrated Refinery and Petrochemicals Complex Saudi Arabia Oil and Gas
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Dubai RTA - Dubai Metro - Purple Line UAE Infrastructure
Qatar Foundation - Sidra Hospital Qatar Real Estate
WDEPC - Abu Qir Power Plant Expansion - Civil Works Egypt Power and Water
ADCO - SAS Field Development UAE Oil and Gas
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UAE
A Slow Start
The Global Village is this year set amid the backdrop of a dark and gloomy economic downturn. Stall owners say visitor numbers are down and that people are spending less ahead of an uncertain 2009.
 
 
Mideast: Key Market
Luxury watch and jewellery companies remain confident about their growth prospects despite the global financial meltdown and are particularly bullish about the Middle East market.
 
 
What Credit Crunch?
The UAE consumer still seems oblivious to the credit crunch, with retail spending in the UAE poised to exceed $10bn in 2009.
 
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