Retail

The retail industry has played a key role in the rapid development of Dubai over the past four decades and remains a firm pillar underpinning economic growth. The interplay between retail, real estate, air transport and tourism is fundamental to Dubai’s value proposition for consumers and investors. The city has established itself as the...

Although economic headwinds are posing challenges for Dubai’s retail sector, automotive retailers remain optimistic, buoyed by several years of strong sales growth for family saloons, sports utility vehicles (SUVs) and high-performance sports cars.

Dubai’s efforts to position itself as a global centre for the Islamic economy, combined with its standing as the world’s second-largest showcase for global brands, allows it to play a pivotal role in retail development and innovation. In October 2015 Dubai played host to the Global Islamic Economy Summit, where experts gathered to consider the...

The combination of alluring destination malls and a rapidly expanding airline has created a “fly-and-buy” shopping economy in Dubai in recent years, but retailers in the emirate have found it more difficult to tap into the broader global potential of e-commerce. “E-commerce is the largest threat and the biggest opportunity,” Nisreen Shocair,...