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The current economic scenario in UAE is in process of restructuring and on its way to economic turnaround. The future of UAE economy seems promising. This article takes an overview of the economic prospects of the UAE retail sector.
Middle East franchising market
The current economic scenario in UAE is in process of restructuring and on its way to economic turnaround. The future of UAE economy seems promising. This article takes an overview of the economic prospects of the UAE retail sector.
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Along with China and Russia, United Arab Emirates has also been rated among the top five most attractive apparel retail markets by experts. Many global apparel brands are foraying into the country via retail/franchise route.
Franchising in the Middle East has found acceptance among the local entrepreneurial community. Many local players have launched their franchised concepts to leverage upon the enhanced commercial activity.
Investors usually find food and beverage (F&B) franchise as the most lucrative start up venture opportunity. The large and varied demography of the Middle East offers huge scope to local/global F&B players launch innovative food concepts.
Etisalat's Device Sale Is Back
Shazam Increases Sales Productivity
Bahrain's Economy Now Fastest Growing Economy
Growth
Bahrain's Economy Now Fastest Growing Economy
Bahrain’s overall investment pipeline is estimated to have increased by nearly 20 percent in 2017...
Tag: global economy , Bahrain , Economy , Gulf Cooperation Council (GCC) region , Middle east , growth , Feb, 16 2018
Uber Eats To Launch In KSA And Cairo
Food Delivery Business
Uber Eats To Launch In KSA And Cairo
Uber Eats will become the first international food delivery business to launch in both countries...
Tag: Uber , UberEats , Middle East Food , Middle east , Gulf Cooperation Council (GCC) region , FRANCHISE UAE , UAE , Food Delivery Business , Feb, 16 2018
Vault Launches In Dubai
Investment
Vault Launches In Dubai
The vault at DMCC is one of the most secure precious metal facilities in the world and will store all..
Tag: FRANCHISE UAE , UAE , A business plan , investment , digital , investment , Feb, 16 2018
Dubai Tops Best And Worst Luxury Hotel Openings
Business
Dubai Tops Best And Worst Luxury Hotel Openings
The Dukes Dubai was criticised for not living up to the elegance of its sister property in London...
Tag: 3 Palms Hotels and Resorts , A business plan , FRANCHISE UAE , UAE , business , Feb, 16 2018
Du Q4 Profit Rises In 2017
Investment
Du Q4 Profit Rises In 2017
The company also operates Virgin Mobile-branded services in the UAE...
Tag: Mobile Engagement , FRANCHISE UAE , Net Profit , Bahrain , investment , Feb, 15 2018
REIT Bags $210mn Deal
Investment
REIT Bags $210mn Deal
Arcapita and a large Saudi institution has also contributed three buildings with a total of 285 residential units located in..
Tag: FRANCHISE UAE , UAE , investment , Cereal Supply , Investment bank , investment , Feb, 15 2018
BP’s Annual Profit Rises To $6.2bn
Expansion
BP’s Annual Profit Rises To $6.2bn
The company was the first among the European peers  to resume share buy-backs in the fourth quarter of 2017 after..
Tag: European brand , European Economy , business profit , annual investment , expansion , Feb, 07 2018
Revenue Growth Snaps Snapchat
Investment
Revenue Growth Snaps Snapchat
Snap shares lifted 18 per cent to $16.62 following the fourth quarter update for the company known for its ephemeral..
Tag: SnapBizz , Snaptrends , mobile app , Social Media and Business , investment , Feb, 07 2018
Rove Hotels Launches Mobile App
Launch
Rove Hotels Launches Mobile App
Presently, four operational hotels are functional under Rove Hotels in Dubai – Rove Downtown, Rove City Centre, Rove Healthcare City..
Tag: Business Hotel , mobile app , Gulf , Indian brands expanding in Gulf markets , Launch , Feb, 07 2018
Toyota Q3 Profit Swells 54%
Franchise
Toyota Q3 Profit Swells 54%
Japan's biggest car maker now expects operating profit to increase 10 per cent on the year to ¥2.2 trillion...
Tag: Toyota Etios Cross , business profit , Automobile , Japan , Japanese brand , Franchise , Feb, 07 2018
Black Tuesday Earns $4trillion
Stock Market
Black Tuesday Earns $4trillion
Europe's main markets were down around 2.5 per cent and Wall Street futures pointed to more losses too as "fear..
Tag: stock exchange , Stock Market , business profit , Stock Market , Feb, 07 2018
Al Khaleej To Set Up $1B Sugar Mill
Expansion
Al Khaleej To Set Up $1B Sugar Mill
The project, named Al Canal Sugar, will be located only about 200km (125 miles) from its market, Jamal Al Ghurair...
Tag: Egypt , Dubai Government , agriculture startups , business expansion through territory distribution , expansion , Feb, 07 2018
Nakheel Q4 profit rises 58%
Expansion
Nakheel Q4 profit rises 58%
The profit rise of Dhs1.67bn ($454.6m) boosted Nakheel’s 2017 net profit to 14 per cent to Dhs5.67bn ($1.54bn)...
Tag: dubai , Wealth Builders , investment , business profit , expansion , Feb, 07 2018
Dubai To Launch Dorchester Collection
Investment
Dubai To Launch Dorchester Collection
With a luxury five-star hotel and residences in the project list, the contract has been called one of the largest..
Tag: investment , dubai , Dubai Chain , b2b franchise , investment , Feb, 07 2018
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