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MAGRABI Retail to acquire Dubai Optical

PRIVATENov 02, 2026

Acquiring Company

MAGRABi Retail

Acquired Company

Dubai Optical

KuwaitDubai EmirateE CommerceFashionRetailE CommerceFashionRetail

Description

MAGRABI Retail is acquiring Dubai Optical to expand its presence across the UAE. The UAE is described as a priority market for the group, valued for its retail, tourism and talent base. Dubai Optical has served customers for almost five decades.

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Company Information

Company

MAGRABi Retail

Location

Kuwait

About

MAGRABi Retail is a leading eyewear retailer in the Middle East. The company focuses on providing a customer-oriented approach in the optical sector. MAGRABi operates an extensive portfolio of eyewear and related services. It aims to enhance its market presence and drive growth through strategic acquisitions.

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Frequently asked

Who acquired Dubai Optical?

Dubai Optical was acquired by MAGRABi Retail, based in Kuwait. The deal was reported on November 2, 2026. MAGRABi Retail is a leading eyewear retailer in the Middle East. The company focuses on providing a customer-oriented approach in the optical sector. MAGRABi Retail is privately held and operates in E Commerce.

When did MAGRABi Retail acquire Dubai Optical?

MAGRABi Retail's acquisition of Dubai Optical was reported on November 2, 2026. MAGRABI Retail is acquiring Dubai Optical to expand its presence across the UAE. The UAE is described as a priority market for the group, valued for its retail, tourism and talent base. Dubai Optical has served customers for almost five decades. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Dubai Optical do?

Dubai Optical is an optical retailer in the UAE with almost five decades of history serving customers. It is being acquired by MAGRABI Retail to expand the buyer's presence across the country. It is privately held, operating in E Commerce, and is based in Dubai Emirate.

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