Food & Drink China’s online food delivery giant Keeta to enter Kuwait Keeta, the international arm of China’s biggest food delivery app, reportedly plans to launch operations in Kuwait. The recruiting process is nearing completion, with the launch expected in the second half of 2025 or early 2026, Al Qabas, an Arabic daily, reported, citing unnamed sources. The report said that the Chinese company may consider acquiring […] June 13, 2025
Tourism Kuwait’s UREC to build island tourism complex in Oman Kuwaiti developer United Real Estate Company (UREC) is planning to create an island tourism complex in Oman, as the sultanate strives to develop its tourism sector and catch up with its Gulf neighbours. UREC said in a bourse statement on Wednesday that its subsidiary in the sultanate UREC Oman has signed a contract for the […] June 12, 2025
Construction Omani development secures $160m loan for expansion Al Mouj Muscat, an Omani waterfront community development part owned by the government and Dubai’s Majid Al Futtaim, has finalised a $160 million loan to fund its expansion plans. “The loan will finance our expansion plans to expand our properties to 10,000 units and enlarge our marina and shopping complex,” Saleh Al Siyabi, Al Mouj […] June 11, 2025
Tourism European tourists push up Oman hotel revenues European tourists helped the Oman hotel industry reach a record number of stays year on year in April, thanks to an aggressive marketing campaign. Hotel occupancy rose 9 percent year on year to reach 831,751 guests in April 2025, with around 40 percent of the guests coming from Europe, the National Center for Statistical Information […] June 11, 2025
Retail Turkey opens inquiry into Coca-Cola distributor Turkey has opened a formal investigation into Coca-Cola Satış ve Dağıtım AŞ (CCSD) over potential violations of competition law. The move follows a preliminary inquiry that examined allegations the Coca-Cola distributor was imposing exclusivity on retailers and excluding competitors from these outlets, the Turkish Competition Authority said in a statement. The competition board found the allegations […] June 11, 2025
Retail Dubai gold sales rise 10% during Eid al-Adha Gold sales in Dubai reportedly registered double-digit growth during Eid al-Adha, defying a rise in global prices. Sales of the precious metal rose by 10 percent year on year during the Eid holiday period, driven by strong demand from locals and tourists, Tawhid Abdullah, chairman of the Dubai Gold and Jewellery Group, told Al Bayan, […] June 9, 2025
