Abu Dhabi is the largest of the seven emirates that comprise the UAE, in terms of both its land mass and economy, and home to the majority of the country’s energy production and reserves. While the emirate is home to the world’s sixth-largest proven oil reserves, financial buffers have helped it diversify and yield steady non-oil revenues.
AT Kearney predicts that the e-commerce market in the GCC will reach $24bn by 2020. The UAE is currently the biggest market in the region when it comes to online shopping, although the management consultancy predicts it will have slipped to second place by 2020, with Saudi Arabia, by far the most populous market in the region, taking the lead...
How have changing source markets affected the traditional shopper profile in Dubai, and what does this mean for retailers?
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...
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...
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