Saudi Arabia Archives - ME Retail News

Chalhoub Group’s brand Faces brings Skin Care Nation to Saudi Arabia

May 29, 2023

Chalhoub Group’s skincare brand Faces is set to open the first store of its concept Skin Care Nation in Saudi Arabia, at Granada Mall. President of managed companies at Chalhoub…

e-commerce News

Saudi e-commerce market to drive retail sector growth, Kearney and Mukatafa reveal

May 24, 2023

Seventy-four per cent of Saudi online shoppers expect to purchase more from local e-commerce platforms than from foreign ones based in China, other GCC countries, Europe and America. This is…

Grocery News

BinDawood Holding’s Q1 net profit drops 20 per cent

May 23, 2023

Saudi retail operator of hypermarkets and supermarkets BinDawood Holding has reported a 20 per cent year-on-year drop in Q1 2023 net profit to 52 million riyals ($13.8 million) due to…

e-commerce News

Shaker Group’s net profit soars 94.91 per cent YoY

May 17, 2023

Shaker Group, a Saudi importer, manufacturer and distributor of air conditioners and home appliances, has announced its net profit reached SAR 28.77 million, up 94.91 per cent year-on-year. It comes…

Fashion News

Elie Saab opens flagship store at Via Riyadh

May 12, 2023

Lebanese luxury label Elie Saab has opened a new flagship store at Via Riyadh, Saudi Arabia, as part of its expansion in the region. The boutique features ready-to-wear and bridal…

Amazon workers suffered more than 14,000 serious injuries last year as the ecommerce giant’s investments in automation and safety fail protect its employees.

e-commerce News

CJ Logistics to build e-commerce global distribution centre in Riyadh

May 12, 2023

CJ Logistics, a South Korean logistics solution provider, has set out to build a global distribution centre in Saudi Arabia by 2024. The centre will be the first dedicated e-commerce…

News

Saudi retail sector to benefit from metaverse, Meta Platforms says

May 10, 2023

Metaverse technologies have the potential to boost various Saudi sectors including retail, according to a new study from Facebook parent Meta Platforms. The study suggests that Metaverse is going to…

e-commerce News

Saudi e-commerce sector grows 32 per cent

May 10, 2023

The e-commerce sector in Saudi Arabia has shown remarkable growth, with an annual increase of more than 32 per cent in the first quarter of 2023. According to the Ministry…

News

The Beauty Secrets expands to Jordan

May 8, 2023

The Beauty Secrets, a Saudi company specialising in offering premium European beauty products, is expanding in the Middle East with the opening of its first branch in Jordan, in Amman.…

e-commerce News

Careem and STA sign MoU to improve visitor experience

May 5, 2023

Regional quick-commerce platform Careem has signed a Memorandum of Understanding (MoU) with the Saudi Tourism Authority (STA) to explore opportunities for collaboration that can boost the overall tourism experience. General…

Chalhoub Group’s brand Faces brings Skin Care Nation to Saudi Arabia

Saudi e-commerce market to drive retail sector growth, Kearney and Mukatafa reveal

BinDawood Holding’s Q1 net profit drops 20 per cent

Shaker Group’s net profit soars 94.91 per cent YoY

Elie Saab opens flagship store at Via Riyadh

CJ Logistics to build e-commerce global distribution centre in Riyadh

Saudi retail sector to benefit from metaverse, Meta Platforms says

Saudi e-commerce sector grows 32 per cent

The Beauty Secrets expands to Jordan

Careem and STA sign MoU to improve visitor experience

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