Sunday 5 July 2015
 
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Retail sector

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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Dubai retail sector to hit $41 billion by year-end

Dubai’s impressive average spending power of Dh53,000 ($14,400) per household per year has seen the retail sector riding a wave of growth to reach record figures, a report said. According to the latest data from Colliers Int

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Developers cash in on Bahrain retail boom

Bahrain's retail market has remained the best performing sector in the commercial market, with developers capitalising on the buoyant demand for retail schemes in Manama, a report said. The latest research by Cluttons, a leadi

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Developers cash in on Bahrain retail boom

Bahrain's retail market has remained the best performing sector in the commercial market, with developers capitalising on the buoyant demand for retail schemes in Manama, a report said. The latest research by Cluttons, a leadi

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UAE retail sector faces skills gap challenge

The UAE’s retail sector, the most mature of the markets in the GCC, is facing a major skillset gap challenge, especially amongst senior level employees, said a study. The Dubai International Academic City (DIAC)-commissioned

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Abu Dhabi residential rates fall on oversupply

Residential rates in Abu Dhabi have fallen over the past 18 months due to oversupply and low demand, especially in older areas which continue to experience falling rents as people upgrade to more modern developments, a report said.

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