The combination of high disposable income, a growing population and rising tourist arrivals makes Qatar an attractive market for retailers of all segments. On the back of real GDP growth of 3.7% in 2015, private consumption was expected to have expanded by 9.5% in 2015, according to BMI Research. This surge is projected to continue, with...
With leasable space set to double in just three years, competition for shoppers in Qatar’s retail sector is bound to tighten, necessitating new ways of drawing in customers. Malls are therefore building tailored entertainment and luxury components into their designs, from cinemas to theme parks to canals, in a bid to lure the foot traffic that...
The combination of high disposable income, a growing population and rising tourist arrivals makes Qatar an attractive market for retailers of all segments. On the back of real GDP growth of 3.7% in 2015, private consumption was expected to have expanded by 9.5% in 2015, according to BMI Research. This surge is projected to continue, with household spending forecast to increase by an average of...
With the fall in oil prices underlining the dangers of an over reliance on hydrocarbons revenues, Qatar has continued to forge ahead with its economic diversification drive in 2016. Non-hydrocarbons growth now outstrips hydrocarbons growth, with several big-ticket construction projects, an increasingly dynamic financial services sector and a growing reputation as a tourist destination all fuelling non-oil expansion.
A rising number of tourists combined with steady job growth is driving demand in Bahrain’s retail sector and spurring the development of a number of new retail centres.
The arrival of new supermarket chains in Kenya highlights the potential of the country’s retail sector, though a congested project pipeline – concentrated largely in Nairobi – could result in a slowdown in retail rentals in the medium term.
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