New Report Available: Retailing in the United Arab Emirates
Following a strong drop in current value retailing sales growth as a result of the global economic crisis that also did not spare the United Arab Emirates, retailing began its recovery in 2012, with sales growth accelerating towards the end of the review period. While GDP growth recovered from 2010 onwards and reached 4% in both 2011 and 2012, consumer confidence lagged somewhat behind and only reached pre-crisis levels by 2012. Consequently, consumers were more cautious about their spending...
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