9 in 10 consumers in MENA bought products online this year: Survey

Ecommerce in the Middle East and North Africa (Mena) is growing at an unprecedented pace, with a recent report showing that 91% of consumers in the region bought products online in the past year. The report, released by global payments solution provider Checkout.com, shows that one in five consumers across Mena purchased retail products online more […]

UAE: Collaboration, not competition, creates wins for neobanks, say CEOs

  Digital banking apps are shaking things up and introducing a seamless, cost-effective, and flexible way of accessing financial services to customers in the UAE. Although some of the worst pandemic forecasts have not yet materialised, banks continue to face long-term revenue pressure and tighter competition. The opportunity to fast-track banking transformation has never been […]

Lenskart in key e-commerce tie-up with Noon.com

Lenskart, Asia’s largest optical retailer, has announced a partnership with the region’s leading online shopping destination Noon.com as part of the eyewear brand’s expansion across the Middle East. Lenskart entered the region only last year with the opening of its first store at Dubai Festival City Mall, yet has since expanded its retail presence rapidly […]

Recapp, Coca-Cola divert packaging waste from landfills in UAE

UAE – Recapp, the UAE’s first free-of-charge door-to-door recycling service developed by Veolia, and Coca-Cola Middle East have renewed their partnership to divert packaging waste materials away from landfills. This is done through an innovative recyclable collection scheme that enables segregation at source and diversion. This collaboration follows Coca-Cola supporting the launch of Recapp, a […]

CBRE named leasing partner for Jubail Island retail projects

Global real estate advisor CBRE has been exclusively appointed by Jubail Island Investment Company (JIIC) to support the leasing strategy and day-to-day leasing of the retail component within the Phase 1 of Abu Dhabi’s new megaproject – Jubail Island. Developed by JIIC, the Jubail Island development will be an idyllic collection of villages located between […]

UAE among world’s top tea exporting countries: FCSC

The UAE is a global hub in the tea export market, with total exports of about AED1.2 billion in 2020, according to a report by Federal Competitiveness and Statistics Centre (FCSC). The figures place the UAE among the top 5 tea exporting countries in the world, according to the report, which adds that the Emirates […]