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FINANCIAL NEWS
Retail sector in Dubai to hit USD41b in 2014
27 Aug 2014
(MENAFN) According to a recent report by Colliers International, spending in Dubai”s retail sector is expected to hit USD41 billion by the end of 2014, Arabian Business reported.
The report states that Dubai households spend between USD10.07 thousands and USD23.13 thousands each year, thus making Dubai the world”s 4th most attractive retail destination.
“By bringing famous global brands here, we are bringing the world to Dubai and helping to make our city the world”s undisputed shopping paradise.” The report concluded.
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