UAE

COP29: US-UAE Climate-Friendly Farming Partnership Grows To $29bn

Funding for a climate-friendly farming effort led by the US and United Arab Emirates has reached $29.2 billion, the countries announced on Monday (18 Novem...

Lulu Retail Seeks To Raise Up To €1.32 Billion In Biggest UAE IPO This Year

Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, is seeking to raise as much as 5.27 billion dirhams (€1.32 billi...

Lulu Retail Kicks Off One Of UAE's Biggest IPOs This Year

Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, kicked off an initial public offering that bankers say could be the U...

88% Of Consumers Have Purchased Products Based On Influencer Recommendations: Study

A study by creator marketing platform Vamp has found that 88% of consumers say that they have purchased something based on an influencer recommendation in...

UAE Agribusiness In Talks To Acquire Land In Egypt: Sources

Emirati agribusiness Al Dahra is in talks to acquire more agricultural land in Egypt, two sources with direct knowledge of the matter said, in a deal that...

Supermarket Franchisee Spinneys Dubai Plans IPO In 2024

Spinneys Dubai LLC, the franchisee of the supermarket chain in the United Arab Emirates and Oman, is planning an initial public offering of the business in...

Russian Food Retailer Vkusvill Launches Sales In Dubai

Russian food retailer Vkusvill said it has launched product sales in Dubai through the YallaMarket app, catering to the many Russians that have relocated t...

Majid Al Futtaim Records Double-Digital Revenue Growth Despite 'Macroeconomic Challenges'

Majid Al Futtaim has released its financial results for 2022 which show consolidated revenue increased by 12% to AED 36.3 billion (€9.29 billion) and...