Retail
PepsiCo to sell its juice brands to French equity firm PAI Partners for $3.3 billion
PepsiCo made an announcement that it has agreed to sell its juice brands such as Naked,...
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Shopping malls in Oman to accept only cashless transactions from 2022
From Jan 1, 2022, Oman will be making it mandatory for all merchants to accept only...
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Bank Albilad intends to redeem Sukuk at over $267mln
The percentage of the redeemed outstanding SAR-denominated Regulatory Tier 2 Capital Sukuk will account for 53.05%...
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OFIC planning to invest $1.2 billion in food security
The government’s food sector investment and development arm, Oman Food Investment Holding Company SAOC (OFIC), set...
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Q-commerce set to capitalize $20bln of MENA’s digital-economy
Q-commerce is a new business model defined by fast delivery from local restaurants, shops, and dark...
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Amex witnesses an all-time-high revenue surge
The global Covid-19 pandemic caused a lull in business as lockdowns and restrictions became the norm....
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The “Normalcy Index” ranks Egypt as the fourth most resilient country
According to The Economist, the "normalcy index," which offers a framework to assess changes in behavior...
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Zegna debuts in US public listing for $3.2b valuation
With a history stretching over 100 years, the family-owned luxury fashion company Zegna gears up for...
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A $2 billion bid for Digicel Pacific’s operations by Australian phone giant Telstra
The Australian phone giant, former state-owned monopoly Telstra, and the Australian government have made a joint...
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Singapore sees economic recovery with higher core consumer prices of 0.9%
Singapore outperforms compared to other Southeast Asian countries with increased vaccine rollouts. The recent report by...
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