2005
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Rivoli ultra luxury goods
The Rivoli Group has opened its first Rivoli Prestige boutique in Dubai's Mall of the Emirates, selling a range of luxury products with price tags reaching over a quarter of a million dollars. Rivoli studied high profile retail concepts around the world, and is trying to adapt them to the needs of the local premium brand-conscious market.
Monks at the Madinat
The famous Shaolin Monks from China are performing their Wheel of Life Kung-Fu martial arts show at the Madinat Jumeirah on 24, 25 November. The event is brought to Dubai by Vibe Middle East, and sponsored by HSBC.
China products on show
More than 10,000 products from 600 Chinese firms will be on display at the Chinese Commodities Fair Sharjah 2005, which begins on 26 November. Bilateral trade between the UAE and China was valued at $6.9bn between January and August 2005, up 35% on the corresponding period last year, according to statement by the organisers. Chinese companies exported $5.5bn worth of products to the UAE during the period.
Jewellery Arabia 2005 in Bahrain
The first ever awards in the region for watches, jewellery and pens were presented at an event organised by Arabian Watches and Jewellery Magazine at the Ritz-Carlton Bahrain last night. Jewellery Arabia 2005, featuring over 500 international exhibitors opens today in Bahrain.
Giordano expansion moves
Giordano Middle East says it has achieved a 20% increase in revenues for the year to date. The retail firm will open a number of new stores in 2006, and by 2008 expects to have more than 150 stores across the GCC, Jordan and Iran. It will open its first store in India at the Chennai City Centre early next year.
Jet ski rentals close
Dubai Municipality is shutting down the Jet Ski rental facility at Garhoud Bridge in Dubai, reported 7Days. Officials say the decision was taken on commercial grounds and had nothing to do with the parasailing accident off Jumeirah beach on Friday, in which a ten year old boy died.
IKEA plans 10 Mideast stores
Swedish furniture giant IKEA is to open up to 10 new stores across the Middle East over the next five years, revealed Arabian Business. MD Anders Jonsson said the region is one of our key emerging markets worldwide and we intend to expand our presence further and further. Last week IKEA opened its latest outlet in the Dubai Festival City.
Landmark, second Centrepoint
Landmark Group has announced the launch of its second Centrepoint concept in the UAE, covering an area of approximately 90,000 sqft, located in Bur Dubai. The Landmark Group plans to set up a Centrepoint in Al Ain and Abu Dhabi, as part of its expansion programme early 2006. Centrepoint, Bur Dubai will have Baby Shop, Shoe Mart, Splash, Lifestyle, Lee Cooper, Shelly's, Emax and Shape Express.
First Dubai ski season Dec 1
The first ski season in Dubai will officially start on December 1 with a preview for VIPs at the new Ski Dubai complex in the Mall of the Emirates. The 400-metre ski slope features five runs and a full equipment package will be available for hire at modest cost.
UAE Q3 gold sales up 26%
UAE gold sales rose by 26% to $381m in the third quarter of this year, said the World Gold Council. Gold jewellery consumption hit 20.8 tonnes in Q3, from 18.4 tonnes a year ago. The Council said UAE retail investment in bullion coins and bars increased 33% to two tonnes.
Retail City for 2006
The International Institute for Research has announced the launch of Retail City, a three-day networking workshop that will take place at the Dubai World Trade Centre from 4-6 June 2006. The event will assemble international retail property professionals to develop new joint ventures, exchange views, identify new investment opportunities, and encourage retailers and franchises to set up shop in the Middle East.
GV gets Gold Souk
The Dubai Gold and Jewellery group has opened its Gold Souk at Global Village. Located in the UAE pavilion, it is showcasing jewellery designs from 13 retailers. Global Village runs until 3 March 2006.
Toshiba sets up at JAFZ
Toshiba has opened its new regional headquarters in Jebel Ali Free Zone in a bid to expand its operations in the Middle East and Africa region. The headquarters will house a state-of-the-art product showroom displaying all Toshiba products released in the region. All Toshiba divisions - AV products, Computer Systems, Home Appliances, Electronics and Power - are located at the new facility.
IKEA opens at DFC
IKEA opened its 245,000-sqft store at Dubai Festival City today. As well as its retail section, the store has a 300-seat restaurant and Swedish Foodmarket selling a range of Scandinavian food.
Mall of Emirates, Virgin Megastore
Virgin Group Chairman Sir Richard Branson opened the Virgin Megastore in the Mall of the Emirates in typically flamboyant style. The 40,000 sqft store is one of the largest in the world and provides innovative retailing concepts such as the ability to burn your own CD.
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