UAE: Dubai Retail

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Over the past four decades, Dubai has become one of the most important economic centres in the Middle East and a key destination for investors, tourists and corporations from around the world. The emirate boasts a diversified economy, an open business environment, and a multinational population and workforce, all of which have contributed to its reputation as a leading investment destination.

Underpinned by rising tourist arrivals and heating demand in the local economy, Dubai’s retail sector appears set to enter a period of solid growth. A recent study conducted by market research company RNOCS said that a strong tourism sector, combined with rising consumer confidence and soaring domestic consumption, would fuel growth in the retail sector across the UAE, with Dubai having become the focus of retail construction developments in the country.

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