Archies Limited — Updates, 26-12-2024: Press Release

Archies Limited has entered the GCC market through a strategic partnership with Al Hasnae Gifts, marking a significant expansion into the UAE, with planned operations in Saudi Arabia, Oman, and Bahrain. This collaboration will allow Archies to leverage Al Hasnae's established retail networks, distributing its premium gifting products through prominent platforms like Carrefour and Union Co-op. The initial focus will include a wide array of offerings tailored to the Middle Eastern market, supporting Archies' aim to connect emotionally with consumers, especially the NRI community.

In the first year, revenue from this partnership is anticipated to reach AED 7-8 million. The collaboration stands to enhance market accessibility and supply chain efficiency, aligning with Archies' vision to redefine the gifting experience in the region while creating meaningful connections among customers. Positive outlook as Archies strengthens its foothold in a dynamic market with substantial growth potential.