UAE-based Emaar Malls have announced the resignation of its CEO, Rajiv Suri just four months after his appointment.
Amit Jain, who was the Group CEO of Emaar Properties has taken over the responsibilities until further notice. This was disclosed in a filing to Dubai Financial Market on Tuesday morning.
The company had reported revenue of AED 2.5 billion for the first nine months of 2020 and a net profit of AED586 million, compared to AED1.732 billion for the same period in 2019. Namshi, its e-commerce fashion and lifestyle arm, recorded nine-month revenue at AED933, which was 35% higher than the corresponding time in the previous year.
This is a developing story. More to follow.
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 B / 
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
From ethical and local sourcing to adopting cutting-edge technologies to curb food
The regional grocery retail market is becoming more and more diverse, offering
/ 
This panel discussion at MRF 2024 explored the evolution of retail spaces,
An exclusive piece contributed By Oliver Morgan, Partner, Real Estate Development &
In the bustling retail environments, where shopping malls are not just places
In what comes as a significant announcement, Middle East based eyewear majors
Emirati Gen Z women are seeking collaborative, culturally diverse and creatively enriching
In today’s fast-paced retail environment, shopping malls are continually searching for innovative
The UAE, particularly Dubai, is a melting pot of cultures. However, introducing
More and more, convenience is king, personalisation is paramount, and RetailGPT is
Times Square Center, located in the vibrant heart of Dubai, stands as
Emaar Properties has announced a mega expansion of Dubai Mall, which will
GMG’s Everyday Goods – Retail division celebrates expansion milestone hitting 60 stores
Previous Article
