Saadé family’s wealth estimated at $34 billion, according to Bloomberg Billionaires Index People pass-by the logo of the French supermarket chain Carrefour at the entrance to the store in the shopping ...

The group’s market value has shrunk to about €9 billion — a fraction of its past size Dubai: Carrefour, once hailed as the pioneer of hypermarkets and a global retail icon, is shrinking faster than ...

Carrefour has exited Kuwait as of September 16, 2025, completing its withdrawal from four Middle East markets within a year. Majid Al Futtaim, its regional operator, is replacing it with HyperMax, a ...

The closure of Carrefour stores in the region is driven by financial considerations and competitive pressures. Majid Al Futtaim is rebranding closed Carrefour locations under its new grocery brand, ...

Carrefour has closed all of its branches in Kuwait and Bahrain this week, marking another retreat from Gulf markets amid mounting boycott campaigns linked to the supermarket chain's ties with Israel.

KUWAIT CITY, Sep 16: As of September 16, 2025, Carrefour has officially announced that it will cease all operations in Kuwait. In a message to customers, the management expressed “sincere gratitude” ...

French retailer Carrefour has ceased operations in Bahrain, following closures in Oman and Jordan. Majid Al Futtaim, Dubai's largest mall operator, operates Carrefour's regional stores. In 2013, Majid ...

The Board of Directors of Club Med Holding is pleased to announce the appointment of Stéphane Maquaire as the President and Chief Executive Officer of Club Med Holding, effective immediately. Based on ...

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NewDay priced its latest sterling credit card securitization on Wednesday afternoon, achieving strong coverage levels and tightening spreads even amid some weakness in the secondary market. The ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Three years ago Carrefour seemed to be on the cusp of a transformative deal. The French supermarket group was ...