How would you describe the complementary relationship between Dubai’s tourism and retail sectors?
Retail
Displaying 859 - 864 of 1027
Interviews & Viewpoints | OBG talks to Colm McLoughlin, Executive Vice-Chairman, Dubai Duty Free from The Report: Dubai 2014
Articles & Analysis | Online does fine: Internet shopping expected to grow to $1bn by 2020 from The Report: Dubai 2014
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...
Articles & Analysis | Accelerating change: The auto market takes off again with growing Chinese involvement from The Report: Dubai 2014
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...
Revenues from shopping malls and retail outfits reached $626m in the first nine months of 2013, 22% higher than the same period of 2012. Out of 323 major international fashion retailers, more than half, maintained an outlet in Dubai in 2013, and the emirate is considered by one agency to be second only to London in importance for global fashion retail. Though Dubai was undoubtedly delighted...
Economic update | Mixed outlook for Indonesian retail
22 Jan 2014
Expectations that rising incomes among Indonesia's burgeoning middle class will generate a retail boom were boosted by rosy end-of-year sales results. However, the upward trend is threatened by both global and domestic trends.
The sultanate’s economy continues to enjoy the benefits of petroleum wealth, which has provided budget surpluses in most years and served as a backbone for growth. However, planning is well under way for an era in which oil will not be the main economic driver, with the twin goals of diversification and creating an increased number of private sector jobs at the top of the government’s current agenda.