Marka PJSC, the first public joint stock retail operating company in the UAE, has announced the appointment of Benoit Lamonerie as its new CEO.
Lamonerie joins Marka from Gulf General Investment Company where he was CEO of Subsidiaries and brings more than 20 years of experience to the role from across retail, hospitality, entertainment and real estate sectors.
At Gulf General Investment Company – a conglomerate listed on the Dubai Financial Market – Lamonerie established a proven track record of growth and profitability and was responsible for launching the F&B, fashion retail and entertainment divisions of the company.
“The Marka board of directors is pleased to have such a capable and experienced individual in the position of CEO. He brings to the role strong insight into our business requirements, and we believe that his expertise and enthusiasm will be vital in leading Marka to build a world-class retail operating company and deliver long-term value for our shareholders,” says Marka chairman Khaled Bin Kalban.
Lamonerie’s appointment follows the resignation of Nick Peel, who resigned from his role as Marka CEO in December 2016.
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
/ 
Why cinemas, wellness sanctuaries and cultural districts are becoming emotional infrastructure for
From bullion to boutiques, investment to immersion, Dubai Gold District marks a
NRF Vice President of Education Strategy Susan Reda forecasts 2025’s retail trends
The Dubai Duty Free (DDF) has recorded sales of $1.94 billion up
In what comes as a significant announcement, Middle East based eyewear majors
Emirati Gen Z women are seeking collaborative, culturally diverse and creatively enriching
GMG’s Everyday Goods – Retail division celebrates expansion milestone hitting 60 stores
Among several others, three key factors have fuelled the growth of homegrown
Empowering women, transforming communities: The rise of female-led businesses in Times Square Center
In its central Dubai location, Times Square Center stands not just as
Previous Article
