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MAGRABI Retail to acquire Dubai Optical, expanding its presence its presence across the UAE

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Gulf News
“MAGRABI Retail to acquire Dubai Optical, expanding its presence its presence across the UAE”

MAGRABI Retail, the Middle East’s largest eyewear retailer, today announced it has signed an agreement to acquire 100% of Dubai Optical, one of the UAE’s longest-established premium optical retailers. Completion of the transaction is subject to customary closing conditions, including obtaining merger control clearance from the Ministry of Economy of the United Arab Emirates. Founded in 1978, Dubai Optical was a pioneer in the UAE’s organised optical retail sector and one of the best-known…

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