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NFTs, metaverse on the rise in Dubai

10 Jul 2022

Inayat-ur-Rahman, Business Editor The Non Fungible Tokens (NFTs) and metaverse-related initiatives are on the rise in Dubai, with ColossalBit leading the charge and working with government entities in growing and...

Yiwu Market ready to cater retail and wholesale industries in Dubai

26 Jun 2022

Dubai’s new Yiwu Market is all set to open its doors on 28th June. As the first smart free zone market in the Middle East, it will cater to the...

Retail investors in India seem unperturbed by the ‘FII Winter’

18 Jun 2022

Even as the Indian stock markets are volatile and foreign institutional investors (FII) are selling their holdings the retail investors are continuing their investment. “Indian retail investors are resilient. They...

British retail sales jump despite surge in inflation

20 May 2022

British retail sales jumped unexpectedly in April as shoppers loaded up on tobacco, likely a blip in an otherwise bleak trend that has driven consumer confidence to all-time lows amid...

UK retail sales slump in April

27 Apr 2022

British retail sales slumped in April with the first year-on-year fall in volumes in 13 months, reflecting a cost-of-living squeeze and changed spending patterns, figures from the Confederation of British...

Dewa announces increase in number of IPO shares offered to retail investors

02 Apr 2022

Dubai Electricity and Water Authority (Dewa) on Saturday announced that, following approval from the UAE Securities and Commodities Authority (SCA), it had exercised its right to increase the number...

UK retail sales recover more than expected from Omicron knock

18 Feb 2022

British retail sales grew faster than expected in January, recovering about half the losses suffered when a wave of coronavirus cases caused many shoppers to stay at home during December....

UK department store Selfridges in $5.4 billion Christmas Eve sale

24 Dec 2021

Britain’s luxury department store chain Selfridges, famed for its flagship store on London’s Oxford Street, was snapped up Friday by a Thai-Austrian alliance for £4.0 billion in a Christmas Eve...

Sound management key to survival in $20.3tr retail sector

27 Nov 2021

The 10th Middle East Retail Forum held on Nov.24 witnessed the confluence of the region’s top retail leaders to discuss the unveiling of tomorrow’s retail experiences. While the integration of...

India’s retail inflation accelerates in October

12 Nov 2021

India’s annual retail inflation rose to 4.48 per cent % in October compared with 4.35 per cent in the previous month, government data released on Friday showed. Analysts in a...

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