Abu Dhabi’s economy expanded steadily in 2019, thanks in part to oil sector growth and the ongoing rollout of publicly backed economic stimulus plans.
The Middle East
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Economic update | Abu Dhabi: Year in Review 2019
9 Jan 2020
Saudi Aramco has listed shares on the Saudi Stock Exchange (Tadawul) in the world’s biggest-ever initial public offering (IPO). Shares began trading on December 11, and Saudi Aramco’s stock rose by 10%, the Tadawul’s daily limit.
A series of recent developments have underlined Dubai’s commitment to strengthening its position as a regional financial technology (fintech) leader.
Articles & Analysis | Retail in Dubai gets a boost in the lead up to Expo 2020 from The Report: Dubai 2020
For many residents, tourists and developers, retail remains a core part of Dubai’s identity. The sector contributes just over one-quarter of the emirate’s GDP and, thanks to a number of mixed-use retail projects in the pipeline, is set to continue expanding. Local iconic malls are constantly reinventing themselves, searching for new brands and...
Articles & Analysis | Dubai retailers adapt to changing trends in consumer behaviour from The Report: Dubai 2020
Due in part to local demographic changes and broader economic factors, retailers in Dubai have noticed an evolution in the profile of the typical consumer. As such, the success of retail offerings in the coming years will depend on stakeholders’ ability to predict new trends in the emirate’s shifting consumer spending patterns. As for the...