Tuesday 23 May 2017
 
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Retail sector

UAE retail sector on track to top $71bn by 2021

The UAE’s retail sector is projected to expand at a compound annual growth rate (CAGR) of 4.9 per cent and reach $71 billion by 2021, according to new analysis released by the Dubai Chamber of Commerce and Industry on the first day of the

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Mena retail sector in 2017: What’s in store?

An unstable global economy, fraught with geopolitical uncertainty, left many wondering if retailers in the Mena region would struggle to turn a profit in 2016. Yet, just as challenges have come to characterize the region’s business landsca

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GCC retail Industry expected to grow by 7pc to 12pc

Retail industry in the GCC is expected to see yearly growth of between 7 to 12 per cent on the back of expansions in leisure facilities like theme parks, new malls, as well as mega events like Expo 2020 and Fifa World Cup 2022, say experts.

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Retail sector powers Bahrain’s property market

Bahrain's retail sector remained the standout performer with rents stable in all of Manama’s main markets during the first quarter of 2016, according to the latest research from international real estate consultancy Cluttons.

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Dubai residential rents drop 3pc during Q2

Residential rents in Dubai, UAE, declined by 3 per cent in the second quarter of the year in the face of 6,750 new housing units that were delivered during the period, a report said. The new supply of homes took the total Dubai re

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Saudi retail growth curbed by high mall rentals

High rental rates in the top-tier malls are deterring the growth of Saudi Arabia’s retail market, a report said, noting that the kingdom is currently facing a great challenge due to scarcity of human resources owing to high attrition rates

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Mall rental rates curbing retail growth in Saudi

High rental rates in the top-tier malls are deterring the growth of Saudi Arabia’s retail market, a report said, noting that the kingdom is currently facing a great challenge due to scarcity of human resources owing to high attrition rates

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New mall developments to enter Bahrain market

The retail sector in Bahrain continues to thrive with newly delivered and upcoming developments announced in the past year, including destination malls such as The Avenues opposite to the Bahrain Bay on Manama Corniche and Seef Mall Muharraq whi

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Bahrain’s retail sector thrives on upbeat market

The retail sector in Bahrain continues to thrive with newly delivered and upcoming developments announced in the past year, including destination malls such as The Avenues under construction opposite the Bahrain Bay on Manama Corniche and Seef M

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Dubai retail sector to hit record $41bn

Dubai’s retail and shopping sector is expected to reach a record figure of Dh150 billion ($40.8 billion) by the end of this year, driven by the spending power of its residents and tourists. According to the latest data from

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