PRADA Group has announced the signing of a joint venture agreement with UAE based Al Tayer Insignia LLC for the development of a retail network for Prada and Miu Miu brands across the Middle East countries, namely in Bahrain, Kingdom of Saudi Arabia, Kuwait, Oman and the United Arab Emirates. The joint venture company, headquartered in Dubai will oversee the roll out of Prada and Miu Miu stores across the region, leveraging on Al Tayer Insignia’s market knowledge and expertise.