Aiko TanakaAutomotive
Li Auto Launches Li L9 in UAE Starting at $87,100
Exclusive distributor Al Fahim Group will open the Chinese automaker’s first Dubai showroom in September.
Tag
middle east
Every story tagged middle east on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged middle east
20 stories in this topic
Maria SantosFashion
Giordano Profit Drops 9% to HK$121 Million as Middle East Sales Slump
The apparel chain lifted gross margins by 1.6 percentage points even as first-half revenue dipped to HK$1.9 billion.
Maria SantosGeneral
Pop Culture Meets Travel Retail: Pop Mart Unveils First Middle Eastern Store at Qatar’s Hamad International Airport
Qatar Duty Free has embarked on a collaboration with Chinese collectibles company Pop Mart to unveil the brand’s first Middle Eastern store. This partnership marks a novel blend of travel retail and pop culture experiences. Unveiling Pop Culture at Hamad…
Wei ZhangFinance
UBS Poaches Middle East Team From Rival
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…
Rajiv MenonGeneral
AS Watson Group entering Middle East in partnership with Al-Futtaim
Middle Eastern retail conglomerate Al-Futtaim is bringing Asian beauty retail brand Watsons to the Gulf in a partnership with AS Watson Group. The partnership marks AS Watson Group’s first franchise agreement in its almost 180-year of history and its first…
Aiko TanakaFood
Luckin Coffee plans expansion into India and Middle East
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…
Maria SantosAutomotive
Pininfarina Battista Launched In The Middle East
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…
Rajiv MenonFashion
Islamic clothing market growing to US$88bn by 2025
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…
Maria SantosLogistics
GreyOrange installs advanced Sorters across Asia from Saudi Arabia to the Philippines ahead of world’s busiest shopping days
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…
Sarah ChenFinance
Touché forms strategic partnership with Seed into the Middle East market
Singapore-based technology company Touché has signed a Cooperation Agreement with SEED Group as their local sponsors and partners, to expand the reach of the world’s first fingerprint biometric-based payment and loyalty management solution to the Middle East.…
Rajiv MenonFashion
Giordano to open six more store in the Middle East
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…
Wei ZhangE-Tailing
Noon.com comes to Asia
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.…
Maria SantosGeneral
How China is growing its economic influence in the Middle East
China is becoming a major player in Middle Eastern real estate, with activity driven by tourism and the Belt & Road Initiative. Both the overland Silk Road Economic Belt and the Maritime Silk Road, which aim to boost trade links between China and Europe and…
Wei ZhangFashion
K-beauty eyes Middle East
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…
Aiko TanakaE-Tailing
Amazon buys Middle East marketplace Souq.com
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…
Maria SantosLiving
Eros inks mobile billing integration deal with ME telcos
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…