Retail

Dubai Retail 2013
With wholesale and retail trade making up 30.7% of the emirate’s GDP in 2011, Dubai has become the Middle East’s chief retail centre. The emirate is home to one of the largest malls in the world, has a massive domestic consumption of retail goods and boasts a reputation as a prime shopping destination among well-heeled tourists. Despite a hiccup in numbers after the 2008-09 global financial crisis, the sector bounced back quickly, and the emirate continues to work to promote its image as a shopping destination for visitors from both East Asia and the West. With rising incomes among locals and expats alike, record-breaking numbers at the DSF and DSS, and a steadily increasing supply of international brands, local retailers are optimistic about the future. This chapter includes interviews with Iyad Malas, CEO, Majid Al Futtaim Holding; and Colm McLoughlin, Executive Vice-Chairman, Dubai Duty Free.
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Cover of The Report: Dubai 2013

The Report

This chapter is from the UAE: Dubai 2013 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Colm McLoughlin, Executive Vice-Chairman, Dubai Duty Free
OBG talks to Colm McLoughlin, Executive Vice-Chairman, Dubai Duty Free

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