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Fawaz Alhokair net profits fall 14.2pc (Reuters - 21/01/2016)

Saudi Arabian retailer Fawaz Abdulaziz Alhokair Company reported a 14.2 per cent fall in third-quarter net profit on Thursday. The company made a net profit of SR91.2 million ($24.3 million) in the three months to December 31, down from SR106.2 million

Kuwait's TSC to launch wellness program (Trade Arabia - 16/01/2016)

The Sultan Center (TSC), one of the largest independent retailer and supplier of grocery items in Kuwait, has partnered with Flex Gourmet to launch a wellness program that promotes healthy living through balanced nutrition combined with mental well-being

Jarir’s yearly net profit up by 11.15 per cent (GulfBase.com - 07/01/2016)

Estimated net profit of Jarir Marketing Co. (Jarir) during the 4th Q 2015 amounted to SAR 208.1 million versus SAR 205.8 million for the same quarter of last year with an increase of 1.12%, compared to SAR 218.5 million for the previous quarter with a

Al-Tayyar amends Zakhr pact to raise stakes (Arab News - 07/01/2016)

Saudi Arabia’s Al-Tayyar Travel Group will buy 30 percent of Zakhr Investment and Real Estate Development after amending an initial agreement to buy into the firm signed in August, the travel company said. Under the new plan announced in a bourse

Al Tayyar to buy 30% of Zakhr Investment (Saudi Gazette - 06/01/2016)

Saudi Arabia’s Al Tayyar Travel Group will buy 30 percent of Zakhr Investment and Real Estate Development after amending an initial agreement to buy into the firm signed in August, the travel company said Tuesday. Under the new plan announced in a bourse

Dubai Duty Free sales cross Dh7b in '15 (Khaleej Times - 05/01/2016)

Dubai Duty Free Group announced on Monday a sales turnover of Dh7.057 billion for 2015, slightly up compared to previous year's record-breaking sales of Dh6.999 billion. The Dubai Duty Free Group incorporates the airport retail operation and its leisure

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