Marka PJSC, the first public joint stock retail operating company in the UAE, has announced the appointment of Benoit Lamonerie as its new CEO.
Lamonerie joins Marka from Gulf General Investment Company where he was CEO of Subsidiaries and brings more than 20 years of experience to the role from across retail, hospitality, entertainment and real estate sectors.
At Gulf General Investment Company – a conglomerate listed on the Dubai Financial Market – Lamonerie established a proven track record of growth and profitability and was responsible for launching the F&B, fashion retail and entertainment divisions of the company.
“The Marka board of directors is pleased to have such a capable and experienced individual in the position of CEO. He brings to the role strong insight into our business requirements, and we believe that his expertise and enthusiasm will be vital in leading Marka to build a world-class retail operating company and deliver long-term value for our shareholders,” says Marka chairman Khaled Bin Kalban.
Lamonerie’s appointment follows the resignation of Nick Peel, who resigned from his role as Marka CEO in December 2016.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha B / 
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
From ethical and local sourcing to adopting cutting-edge technologies to curb food
The regional grocery retail market is becoming more and more diverse, offering
Spinneys, the leading premium fresh food retailer, has announced the opening of
Spinneys has announced the launch of The Kitchen by Spinneys, its first-ever
/ 
In what comes as a significant announcement, Middle East based eyewear majors
Emirati Gen Z women are seeking collaborative, culturally diverse and creatively enriching
GMG’s Everyday Goods – Retail division celebrates expansion milestone hitting 60 stores
Among several others, three key factors have fuelled the growth of homegrown
Empowering women, transforming communities: The rise of female-led businesses in Times Square Center
In its central Dubai location, Times Square Center stands not just as
One of UAE’s leading fresh food retailers, Spinneys has announced its intention
Acting as a bridge between Brazil and GCC markets offering a compelling
Commonly cited statistics indicate that around 20% of new businesses fail during
Louis Philippe, renowned for its premium merchandise spanning apparel, footwear and accessories,
Previous Article
