Max Stock set to form joint venture with Fortera Properties
The JV company will establish and manage a chain of Max Stock stores in Portugal and Spain.
Middle East & Africa
Latest in
Middle East & Africa
Amethis and partners to sell stake in Kenyan retailer Naivas
Naivas claims to be a key retailer in Kenya, with a network of 84 stores in 20 cities.
MAGRABi to open 16 stores and renovate 25 units in Middle East
The expansion is intended to strengthen the company's position as an optical retailer in the region.
Data platform Nexite secures $67m in Series C funding round
The company aims to offer personalised, seamless in-store customer experiences based on real-time data.
BinDawood Holding registers 46% drop in net profit for FY21
The company said that pandemic-related travel restrictions have continued to impact its sales performance.
TFG to buy online shopping and delivery provider Quench
Through the acquisition, TFG aims to provide quick and reliable deliveries across South Africa.
Amazon plans to open ‘advanced’ fulfilment centre in Abu Dhabi
The project will be in line with the UAE's goal to achieve net-zero carbon emissions by 2050.
Shufersal registers 3.6% decrease in third-quarter revenue
The group's revenues in the first nine months of this year fell by around 1.8%.