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Retail sales across four Gulf states to grow by $24bnRetail sales across four Gulf countries are projected to increase by more than $24 billion over the next five years, with the UAE expected to lead this trend with an estimated growth rate of 16 per cent, according to new research from Euromonito More… |
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Retail sales across four Gulf states to grow by $24bnRetail sales across four Gulf countries are projected to increase by more than $24 billion over the next five years, with the UAE expected to lead this trend with an estimated growth rate of 16 per cent, according to new research from Euromonito More… |
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Dubai retail sales to top $43bn by 2021: studyThe value of retail sales in Dubai is expected to reach $43.8 billion by 2021, while the emirate’s retail market is projected to record average growth of 5.6 per cent over the 2018-2021 period, according to new analysis conducted by the Du More… |
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Retail sales grew 51pc during Ramadan 2016Retail sales increased by 51 per cent on average, whereas travel sales grew by 27 per cent during Ramadan last year, according to data released by Criteo, a performance marketing technology company. The data revealed that retail s More… |
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Gulf pulls back with oil, retail sales shock hits SaudiGulf stock markets pulled back with oil prices on Wednesday while a negative sales forecast by a major Saudi retailing chain hurt the bourse in that country. A couple of blue chips favoured by foreign investors boosted Egypt's market. More… |
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British retail sales post surprise gainBritish retail sales unexpectedly rose in December as shoppers flocked to supermarkets and bought more fuel as oil prices fell, providing a boost for the country's economic recovery that has shown signs of softening. Economist More… |
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US upbeat as new jobless claims fallThe number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market, while holiday retail sales rose in November and December. Initial claim More… |
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Bahrain’s retail sales double on Saudi visitorsBahrain's retail sales nearly doubled during the last weekend, powered by a record number of visitors from Saudi Arabia, said a top official. According to Credimax senior manager and head of merchant services and sales Amira I More… |
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Euro zone GDP contraction slows in Q1The pace of the euro zone's economic contraction slowed quarter-on-quarter in the first three months of this year, EU statistics showed on Wednesday, but retail sales in April pointed to continued weakness in household demand. More… |
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GCC retail sales seen hitting $270bnRetail sales in the GCC are expected to grow at a CAGR of 7.7 per cent between 2011 and 2016 to reach $270.3 billion by the end of the forecast period, a report said. Food retail sales are anticipated to expand at a CAGR of 8.8 pe More… |
