What risks are there of over-saturation in the sector given the increase in gross leasable area (GLA)?
UAE: Dubai Retail
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Interviews & Viewpoints | Patrick Chalhoub, CEO, Chalhoub Group: Interview from The Report: Dubai 2020
Although Dubai has traversed some challenging economic territory over recent years the economic stimulus of Expo 2020 preparation and more stable oil prices have eased this strain in 2019, and business sentiment has improved accordingly. With the long-anticipated expo event set to take place in 2020, attention has started to focus on the important question of sustaining the current economic momentum over the medium term.
Economic view | Patrick Chalhoub, CEO, Chalhoub Group
17 Apr 2019
During the first year of its implementation, what overall impact did value-added tax (VAT) have on consumer demand and operating costs in the retail sector?
Articles & Analysis | Coordinating policy approaches to facilitate e-commerce growth in Dubai from The Report: Dubai 2019
AT Kearney predicts that the e-commerce market in the GCC will reach $24bn by 2020. The UAE is currently the biggest market in the region when it comes to online shopping, although the management consultancy predicts it will have slipped to second place by 2020, with Saudi Arabia, by far the most populous market in the region, taking the lead...
Articles & Analysis | How retailers in Dubai are adjusting strategies for cautious consumers from The Report: Dubai 2019
While Dubai’s retail space continues to expand and adapt to global trends, recent years have seen some particular external challenges for the local sector. A sustained period of low oil and gas prices, starting in 2014 and continuing into 2018, has impacted sentiment and disposable incomes in many Gulf states, while economic slowdowns in Asia...
Interviews & Viewpoints | Colm McLoughlin, Executive Vice-Chairman and CEO, Dubai Duty Free: Interview from The Report: Dubai 2019
How have changing source markets affected the traditional shopper profile in Dubai, and what does this mean for retailers?