Tag: retail

Business

UAE’s Lulu Retail Q3 net profit at $35.1mln on strong sales across markets

the financial -
Lulu Retail Holdings posted its Q3 net profit at $35.1 million, up 126% year-on-year (YoY).   The UAE-based hypermarket chain operator which earlier this month...
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Stocks regain stability as US retail report reassures

the financial -
World stocks rose on Thursday and Treasury yields spiked after surprisingly strong U.S. retail sales data soothed fears about slowing economic growth, leading investors...
Business

Dubai to lead GCC’s retail spending surge to $300b by 2028

the financial -
Retail spending in the GCC is expected to rise by 37 per cent from 2022, reaching $300 billion by 2028 with cities in the...
Business

UAE: Lulu appoints banks for $2 billion IPO in second half of year

the financial -
Global retail giant LuLu Group International has appointed banks for its initial public offering expected to be in the second half to raise $2...

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50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

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Across the Gulf, a powerful wave of women entrepreneurs...
Startup

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

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SUMMARY Despite being one of the most promising markets, India’s...
Business

UAE shares end higher as outcome of US-China trade talks awaited

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LONDON: Stock markets in the UAE ended higher on Monday,...
Startup

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

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SUMMARY Porter was among the first movers in the hyperlocal...
Startup

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

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SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...

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