INTERNATIONAL. Kraft's recent announcement to split its operations into two publicly traded companies outlines a plan to create two different trading entities with distinct priorities and strengths.
This is intended to help the company achieve the next stage of its ongoing restructuring process, since its acquisition of Cadbury in January 2010.
Kraft is now bundling and spinning off its US Beverages, Cheese, Convenient Meals and Grocery segments, the non-snack categories in Canada and its foodservice operations, which are worth an estimated US$16 billion in sales in total.
The larger of t
Posted: February 1, 2016
UAE. New partnerships with Wamda Capital, twofour54, and Endeavor Catalyst set to boost e-commerce segment.
Posted: January 30, 2016
UAE. d3 showcases smart services the district is deploying to benefit the sector.
Posted: January 28, 2016
UAE. "Despite plummeting oil prices and its impact on the economies in the Gulf, one of the region's retailers, the Lulu Group not only achieved revenue growth but it also managed to retain its position as one of the fastest growing retailers in the world."
Posted: January 27, 2016
UAE. Panel discussion at Abu Dhabi's Global Forum for Innovations in Agriculture to tackle water for food security issue.
Posted: January 20, 2016
UAE. Deloitte publishes latest Real Estate Predictions Dubai Report which provides an economic overview and review of Dubai's residential, hospitality, office and retail markets in 2015 and examines the latest trends and developments and what lies ahead for 2016.
Posted: January 20, 2016
UAE. Malls will allocate 20% of space to F&B retailers in ten years' time; Shoppers who eat spend 18% more overall; The UAE is expecting to add over 1,000 additional F&B outlets by 2018.
Posted: January 18, 2016
TUNISIA. Partnership will focus on strengthening the company's market position in core region and expansion into Sub-Saharan Africa.
Posted: January 16, 2016
UAE. Traders, suppliers and equipment manufacturers look to leverage bullish regional hospitality and mass grocery retail forecasts at Gulfood 2016.
Posted: January 14, 2016
UAE. The region has started to explore opportunities such as business and cultural events, restaurants facilities, rental of commercial spaces and other retail opportunities; "A sports venue operator should build a commercial strategy upon a mixture of commercial uses, often referred to as the activity mix", says Deloitte.
Posted: January 11, 2016
KUWAIT. Located on the ground floor, the new store will offer a wide-range of handbags, shoes and accessories from the American sportswear and luxury lifestyle brand.
Posted: January 4, 2016
UAE. Ishoptheworld.com offers first integrated shipping and payments solution of its kind; helps companies export to over sixty cities worldwide.
Posted: December 21, 2015
UAE. New store houses the brand's first stand-alone fragrance boutique and first Abercrombie Kids location in the Middle East.
Posted: December 18, 2015
INTERNATIONAL. As a part of the new vision for Tommy Hilfiger women's, supermodel and social media star Gigi Hadid will launch her first ever capsule collection including apparel, footwear, accessories - and fragrance in collaboration with the designer.
Posted: December 17, 2015
UAE. "Availability" is critical for retailers in UAE, and being able to quickly backup and restore data should an outage occur is critical to helping ensure customer satisfaction during one of the busiest retail times of the year.
Posted: December 15, 2015
UAE. Rapid urbanization, tourism and high per capita income along with diverse offerings boost regional markets.
date:Posted: February 6, 2016
UAE. S&P expects Abu Dhabi's government balance will worsen further based on the ratings agency's updated oil price assumptions; However, the emirate's large net asset
position will continue to give it a considerable buffer to support the economy; Continued structural and institutional weaknesses anticipated.
date:Posted: February 5, 2016
INTERNATIONAL. "Saudi regional leadership amounts to exploitation of a window of opportunity rather than reliance on the assets and power needed to sustain it. That window of opportunity exists as long as the obvious regional powers - Iran, Turkey and Egypt - are in various degrees of disrepair."