With already more modern retail space per person than all other markets in the region, Dubai in theory should have difficulty in justifying any expansion. Yet that would be to underestimate the emirate’s plans to double its number of tourists in the next seven years to 20m and also to expand its resident population. During the first half of 2013...
How would you describe the complementary relationship between Dubai’s tourism and retail sectors?
Perhaps the biggest lesson for the potential of online retail shopping has come from the country with the biggest population. November 11 has been traditionally celebrated by male bachelors in China by having a drink to help fight the blues caused by their unmarried status. Five years ago the country’s largest online shopping company embarked on...
In many ways, 2012 was a turning point for the telecoms industry in Dubai. While overall revenues rose by 10% to Dh26.9bn ($7.32bn), those from the fixed-line segment dropped by more than 8% and average revenue per user (ARPU) fell across the sector. As recent figures illustrate, parts of the sector that could once be relied upon for steady...
What new opportunities lie ahead for private sector participation, and what challenges does the telecoms industry in the GCC region face?
Even the well-documented acquisition, by the Dubai police force, of a series of high-powered sports cars in 2013 was topped for exclusivity by an announcement that the emirate was to be the manufacturing base of another of the world’s fastest automobiles. In November, Ralph R Debbas, the CEO and managing director of W Motors, said he planned to...
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