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Revolut has taken a critical stride in its Middle East expansion with the acquisition of initial approval to offer payment services in the United Arab Emirates. This marks a significant leap for the British neobank, which boasts a customer base exceeding 60…
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…
Cebu Pacific (CEB), the Philippines’ largest national carrier, continues to fly Philippine produce and goods via its direct flights to the UAE amidst the current pandemic. In its steadfast commitment to serving the Filipinos in the UAE including in months…
If you are in urgent need of money, a personal loan is the way to go. Compared to credit card finance, etc, personal finance is the best option to go for. Personal finance will provide you with a higher finance amount, longer repayment tenure, lower interest…
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…
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…
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…
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…
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…
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…
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…
Dubai Mall has ranked higher than London’s Regent Street, New York’s Fifth Avenue and the Champs-Elysees in Paris in terms of the overall quality of its retail facilities and amenities, according to the latest Global Retail Destination Index 2016 from…
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…
Fine dining operator Speciality Restaurants says it will focus on its ‘fun dining’ brands as it rolls out 24 new eateries over the next two years. The group currently operates 123 restaurants, a mix of fine dining destinations branded Mainland China and Oh!…
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…
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’…
