UAE: Dubai

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There are few world cities more closely identified with retail than Dubai. Indeed, its duty-free and lowtax shopping is one of the hallmarks of the emirate. Dubai is home to some of the world’s largest malls, most diverse retail outlets and most value-added shopping experiences, with everything from giant aquariums to ski slopes adorning its...

 

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...

 

Countries and regions across the world have long understood the potential of the MICE segment as a vehicle to drive high-value tourism and economic development. In recent decades this has led to significant investment, with nations working to position themselves as centres for the industry, both regionally and globally, aided by greater air...

 

Dubai enjoys a global profile as a major destination for both business and leisure, and today boasts some of the world’s leading offerings in hotels, conference centres, entertainment facilities and shopping malls. It has a beneficial location within close flying distance of some of the world’s most dynamic tourism source markets, and the...

Dubai’s capital markets are seeing innovation in a range of spheres, witnessing the launch of new fundbased products on its primary exchanges, as well as new types of futures contracts on both Nasdaq Dubai and the emirate’s derivatives-focused exchanges.

With some analysts suggesting that the 2017-20 period could see as much as $480bn in combined government expenditure across the GCC – with $288bn of that to be spent in transport and infrastructure projects alone – the region clearly maintains a considerable appetite for major capital investment.

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