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Egypt gets free wheat
Abu Dhabi’s President His Highness Shaikh Khalifa Bin Zayed Al Nahyan has donated one million tonnes of wheat to Egypt, according to the Wam news agency. It comes as costs of the staple soar, with many poorer Egyptians struggling to pay the rising prices.
Egypt: 1 hour, 24 minutes ago

Food outlets face inspections
Fast food outlets, restaurants, bakeries and caterers face spot inspections by the Ministry of Health in Bahrain as the country kicks off its summer campaign to ensure the quality of food sold to the public. Thirty inspectors will check outlets to make sure that food is properly stored during the hot months, when contamination is more likely. Anyone found to be selling unfit food will be fined first time. Health inspectors will also hold hygiene workshops on best practice for preserving food. Last year, 43 shops were shut for selling food unfit for human consumption.
Bahrain: 2 hours, 21 minutes ago

Sony Gulf expects growth in camcorder market
Sony Gulf expects it sales of video cameras in the Mena region to grow 15% this year following the launch of the world's smallest full high-definition camcorder, reported Khaleej Times. Sony Gulf has a 55% market share in the region for camcorders, with turnover rising 17.6% to $200m last year. The company yesterday launched HDR-TG1, the latest generation Handycam and the world's slimmest and lightest camcorder.
Thursday, May 15 - 2008 at 10:06

LCD and plasma TV market to double
Demand for LCD and plasma TVs in the Middle East is expected to more than double this year, according to Ashraf Sajid, head of sales and marketing, digital media business, Samsung Electronics Gulf. He said customers increasingly are seeking larger screens as demand for smaller screens becomes saturated.
Thursday, May 15 - 2008 at 09:50

ME franchise market to soar
The Middle East's $30bn franchise industry is experiencing 'prolific' growth, as various local and foreign brands seek greater market penetration, reported Gulf News. The retail explosion in the Gulf will lure more international and local brands into the region and help the franchise market grow by 25% per annum, said Sary Hamway, chief executive of franchise consultants Franchise Excellence.
Thursday, May 15 - 2008 at 07:29

Alexandria City Centre plans expansion
The Alexandria City Centre in Alexandria, Egypt will being a major expansion starting May 2008. The mall will almost double in size, adding 29,117 square metres of gross leasing space to take its total offering to 62,162 square metres and over 90 additional stores. The new extension will house anchor stores such as Home Centre and Centre Point, six international retailers such as H&M and Debenhams and many other well-known brands taking the total number of retailers in Alexandria City Centre to more than 190, according to a statement.
Egypt: Wednesday, May 14 - 2008 at 09:56

Daman launches $13.6m ME art fund
Daman Investments, the Dubai-based broker and private equity company, has started a Dhs50m ($13.6m) fund to buy Middle Eastern art, reported Bloomberg. Prices for works by Arab and Iranian artists have been soaring, and auction houses including Christie's and Bonhams are expanding in the Middle East as oil earnings spur the region's economies and increase personal wealth.
United Arab Emirates: Wednesday, May 14 - 2008 at 09:23

2nd Muscat City Centre planned
MAF Shopping Malls, a leading shopping mall developer, plans to open a second City Centre in Muscat in the city's Qurum district by October this year, according to a statement. The fit out of the Carrefour hypermarket, the single largest store occupying 12,552 square metres, has already begun. The Qurum City Centre will be the first mall of its kind in the Qurum commercial area.
Oman: Wednesday, May 14 - 2008 at 07:08

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