NEWSROOM

09 February 2022

Abu Dhabi to get new wholesale food market to promote local farming, national food security

Abu Dhabi: Abu Dhabi will soon get a new wholesale food market that will boost local farming and promote national food security. The regional food and logistics hub will span three-and-a-half square kilometres, and will be located in Khalifa Industrial Zone Abu Dhabi (KIZAD). It is being built by the Abu Dhabi Ports Group (AD Ports) and UAE-based conglomerate Ghassan Aboud Group, in collaboration with Rungis, the marketplace in Paris […]


24 October 2021

WERTE: Ghassan Aboud “I always work for the greater good”

In just a few years, the Syrian businessman Ghassan Aboud built a billion-dollar empire. But charity is even closer to his heart Mr Aboud, you were born in 1967, in Syria, and started your adult life as a journalism student. Why was that? Even my family were surprised. I come from generations of businesspeople, but I chose to study journalism. Once I realised that I would never make a career of it in the Middle […]


24 October 2021

Two brand-new Grandiose markets are coming to Dubai

Plus you can get a discount to celebrate the launch Did someone say cheese cave? Shoppers, we have news for you. Grandiose, a UAE-based and eco-friendly grocery chain, is launching two new markets: one hypermarket and one supermarket this August to make shopping easier for residents in Dubai. The hypermarket is located at the Al Sayyah Residence in Arjan, South Barsha, and the supermarket it located in Majan, Al Barari. The hypermarket at […]


29 August 2021

Why UAE supermarket chain is banking on bricks-and-mortar

As the region’s retail sector continues to benefit from the boom in e-commerce, UAE-based grocery chain Grandiose has reaffirmed its faith in brick-and-mortar stores, with two outlets opening in Dubai this month and a further three set to welcome shoppers across the country by the end of the year. A relative new-kid-on-the-block, Grandiose Supermarket was launched in 2017 and, by the end of this month will operate 16 outlets throughout Dubai […]


18 July 2021

UAE’s Ghassan Aboud Group acquires Vincent Hotel in Australia for Dh257m

The group is now largest independent owner of five-star hotels in Australia. Dubai: Ghassan Aboud Group, the UAE-based global business conglomerate, has announced the acquisition of Vincent Hotel, formerly known as The Fantauzzo in Brisbane, Australia. This establishes the Group as Australia’s largest independent owner of five-star hotels and resorts. It is also one of the first major transactions in hospitality sector negotiated and concluded during the COVID-19 pandemic in […]