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 and wholesale industries.
This means the number of shares offered in the Dewa IPO has increased from 8.5 billion ordinary shares to 9 billion ordinary shares, which would result in a free float of 18 per cent of Dewa's share capital, with the Government of Dubai continuing to own 82 percent of Dewa's share capital.
India’s retail inflation accelerated to 7 per cent year-on-year (Y/Y) in August, driven by a surge in food prices, adding pressure on the central bank to further hike interest rates later this month.
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 a worsening cost-of-living crunch.
Even as the Indian stock markets are volatile and foreign institutional investors (FII) are selling their holdings the retail investors are continuing their investment.
After facing a series of lockdowns and disruptions in consumption due to the Covid-19 pandemic, India’s retail industry seems to be back on track with consumption crossing
British retail sales unexpectedly fell in August after shoppers bought less online than the month before, when an annual promotion by Amazon appeared to have encouraged them to splash out, official figures showed.
Hong Kong retail sales extended their free-fall in November as months of anti-government protests scared off tourists, hitting spending and threatening the survival of small businesses.
The foreign investments in India increased to $443 million in the financial year 2019 from $224 million in financial year 2018. Poised to be the third largest consumer retail destination in the world, India is now an attractive investment destination for retail.