Saturday, February 16, 2019

Transport cost triggers inflation to 2.38 per cent in February

Oman’s consumer inflation in February rose by 2.38 per cent year-on-year, mainly due to a 9.33 per cent price hike in the transport sub-segment...
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ITA concluded Oman summer of code competition

With the exhibition of 12 developed applications produced by Omani developers, The Information Technology Authority (ITA) celebrated the conclusion of Oman Summer of Code 2015 yesterday at Muscat Grand Mall under the auspices of Dr. Salim Bin Sultan Alruzaiqi, CEO of ITA and with the presence of a number of IT specialists, academic and professionals.
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Toys R Us launches new Middle East e-commerce platform

Toys"R"Us, Inc. today announced that it has entered into an agreement with Mirakl, the leading global marketplace solutions provider, to support the creation of a new...
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Retail Frontier

The phenomenal growth of mega hypermarkets all across the Sultanate, has completely transformed the retail landscape and is all set to galvanise the jobs...
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Dubai’s Floating Carrefour Supermarkets to Serve Boats, Yachts

Dubai’s retail explosion is extending out to sea. Majid Al Futtaim Holding LLC, the Middle East operator of Carrefour SA stores, has created sail-through supermarkets...
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General Enterprises Company commences operations in Oman

General Enterprises Company ( GECO) , part of the Albatha Retail & Home Products Group, of Albatha Holding, UAE,  recently commenced  its operation in the...
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Fifth Edition of Shop Bahrain Launched

The fifth-edition of Shop Bahrain, the largest event in the Kingdom, held between 1st January until 2nd February 2019 kicked-off the at the start...
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Oman records lowest inflation in Gulf region

Oman recorded the lowest inflation rate at 0.07 per cent in August among Gulf Cooperation Council (GCC) states. The highest inflation rate was recorded in the United Arab Emirates at 4.94 per cent in August, against the same period last year.
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Dubai Holding Said to Buy Stake in Zara’s Middle East Operator

Dubai Holding LLC, the investment firm owned by the emirate’s ruler, agreed to acquire a minority stake in the operator of Zara clothing and...
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‘Retail sector has good prospects to flourish in 2016’

'The 2016 Economic Outlook' discussion recently hosted at Capital Club, Dubai's Premier Private City Club and member of the ENSHAA group of companies, and moderated by renowned speaker, advisor and author Dr Tommy Weir, offered members key insights into what to expect in the coming year regarding the region's economy.
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