This chapter includes the following articles.
Retail
Kuwait’s mall culture is currently at the forefront of a resilient and growing retail sector that continues to draw the interest of both international brands and foreign investors. The number of shopping centres continues to grow and international brands find opportunities in local markets, with luxury segments showing a strong recovery and growth. The automobile industry has also performed well, with annual growth of 8-9% on the back of solid fundamentals. Recent years have seen the rapid rise of hypermarket retail, representing the sector’s most dynamic vector, with limited familiarity with modern grocery retail formats presents an opportunity for investors.