Retail

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With one of the world’s most commanding positions in the global energy industry and a growing role in regional diplomacy, Qatar has seen many returns on the political and economic investments it has made in the past two decades.

Chapter | Industry & Retail from The Report: Algeria 2012

As part of the 2010-14 National Development Plan, Algeria intends to reduce its dependency on oil and gas by nurturing the development of local non-hydrocarbons industries. The government is now pushing ahead with large-scale infrastructure projects to facilitate the movement of goods and passengers and improve logistics, leading to heightened demand for construction materials. Industrial...

Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. In recent years non-hydrocarbons GDP has outstripped wider economic growth, though this is largely driven by public spending rather than private sector activity.

Rising confidence among local consumers is being matched by the steadily strengthening economy, both of which should encourage spending in Abu Dhabi’s retail sector.

Recent years have been tough going for the global retail sector, and the Gulf region is no exception to this trend. As unemployment has risen, bank credit has dried up and consumer confidence has withered. As a result, retail sales have fallen precipitously. In Qatar, however, things look somewhat brighter. Although growth in the sector has slowed,...

How is the continued economic downturn in European and US markets affecting competition in growth markets such as the Gulf?

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