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#middle east

Every story tagged #middle east on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

18 stories in this topic

UBS Bank scaled
Finance
1 min read

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…

AS Watson scaled
General
1 min read

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…

luckin coffee
Food
1 min read

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…

Pininfarina Battista
Automotive
2 min read

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…

islamic fashion scaled
Fashion
2 min read

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…

Giordano Korea
Fashion
2 min read

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…

Noon dot com
E-Tailing
1 min read

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.…

Shanghai China
General
2 min read

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…

korean beauty
Fashion
2 min read

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…

souq
E-Tailing
1 min read

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…

eros international
Living
1 min read

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…

1 633195
Living
2 min read

Middle East Eyes Indonesian Beaches

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…

35
Electronics
1 min read

LG Electronics opens Middle East stores

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…