Abu Dhabi-based Anghami to list on Nasdaq after historic SPAC merger
Anghami will become the first home-grown Middle East tech company to list on the New York stock exchange after merging with Vistas Media Acquisition Company in a deal that values the music-streaming service at $220 million. Anghami, which translates in Arabic to ‘my tunes’, announced on Wednesday that the deal had been struck with Vistas, […]
A New Kind Of Luxury Marketing
Did you know that the UK’s luxury market is worth £6.6 billion and is expected to double over the next three years? More importantly, did you know that most of these spenders are from China, Russia and the Middle East? In fact, Arab shoppers spend £4.5 million a day in the UK and nearly £6 […]
Fashion designers bling up Gulf women’s garment
Just a few years ago, Gulf Arab women usually only felt comfortable showing off their fashion sense at ladies-only parties or family gatherings. In public, at least in their home countries, the standard all-black abaya – a simple floor-length covering and accompanying head scarf – was the only culturally accepted option. But now, a new […]
The $12 Trillion spending opportunity
Consumer spending in different countries falls into distinct, concise and predictable patterns. Understanding these patterns is vital for tapping into the next decade of growth. $12 trillion spending opportunity from Think Ethnic
The rise of Affluent Chinese Consumers
According to the 10th annual Hurun report, there were 2.7 million millionaires in China and this number has continuously grown since. Shanghai, Beijing, Guangzhou and Shenzhen are China’s four richest cities, however they only account for 30% of all wealthy consumers. There is a rise in wealthy consumers in the smaller second-tier cities, which may […]