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business

Co-ops sales rise 3.22% to Dh7.17 billion in 2015

"More than 415 products are under our private label Co-op brand and they are expected to increase as there is high demand and steady growth in sales and its market share. In year 2015, Co-Op brand private label total sales was amounted Dh76 million and is expected to be increased with double digit growth in current year."

business

Souq.com raises Dh1b to expand operations

business

Souq.com raises Dh1b to expand operations

"The funding round took around three-four months and we finalised it last week. We have international investors, regional investors and local investors as well," co-founder and chief executive officer of Souq.com Ronaldo Mouchawar told Khaleej Times.

business

business

Al-Futtaim buys Saudi plot for logistics facility

"Our decision to invest in the Industrial Valley component of the KAEC development was made in consideration of the strategic location it occupies on the Red Sea coastline and adjacent to King Abdullah Port on one of the world's busiest shipping routes," said Omar Al Futtaim, vice-chairman of Al-Futtaim.

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