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FINANCIAL NEWS
UAE’s Fine Fair to invest USD10m in Oman
19 Jan 2014
(MENAFN) The UAE’s international fashion brand Fine Fair announced that the group intends to invest USD10 million in the following two years for setting up 15 family fashion stores in Oman, Times of Oman reported.
CEO and Chairman of Fine Fair said that the group is planning to launch 50 fashion stores in different countries by the end of the year.
“However, our long-term vision is to open 500 shops and achieve a turnover of $a billion by 2020. Our focus is on Mena region, where we are planning to open 100 shops by 2020,” he said.
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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