Jeff Bezos, founder and CEO, Amazon
Global e-commerce giant Amazon has announced that it has struck a deal to acquire Hollywood movie studio MGM for $8.45 billion.
The deal will give Amazon an extensive library of 4,000 films and 17,000 TV shows including James Bond, Rocky, The Handmaid’s Tale, and many others. As a result, the deal could end up beefing up its Amazon Prime streaming services and attracting more high-spenders on to the platform.
This is Amazon’s second-biggest acquisition ever following the $13.7 billion purchase of Whole Foods in 2017.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BAsda and Deliverect Deepen Partnership to Power Rapid Delivery Across Asda Express
SQUATWOLF’s Kuwait Flagship Store Anchors Its Regional Growth Ambitions
Global beauty icon Ulta Beauty to make Riyadh debut at Panorama Mall
/ 
For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
/ 
As lives accelerate and time fragments, shoppers no longer separate “eating” from
The Inspired Home Show 2025 concluded with positive momentum, reinforcing its position
64 global leaders in retail will share their insights on shaping the
NRF 2025: Discussing biometrics, computer vision and more with leaders from H&M,
Founded in Barcelona in 1984 by Isak Andic, global fashion brand Mango
“If a woman is empowered, her family is empowered. Her children are
Spanish retail group Inditex continues to see “strong growth opportunities” as the
Within the first hour of 6.18 global beauty brand L’Oréal clocked sales
Fashion brand Mango is strengthening its presence in the US with plans
The King’s Coronation ceremony scheduled on May 6, 2023, is expected to
Previous Article
