FINANCIAL NEWS

UAE retail sales to grow to USD41.1b in 2015

09 Aug 2015

(MENAFN) According to a recent report by Business Monitor International, retail sales in the UAE are set to grow by 32.9 percent from USD31.03 billion in 2011 to USD41.1 billion in 2015.

Retail growth in Al Ain city has been extremely robust since the beginning of the year, backed by strong competitive offerings, General Manager of Hili Mall, Al Ain’s biggest shopping center, noted.

“Among the factors that have contributed to the vibrant shopping environment are new brands, shopping outlets with easy accessibility, regular entertainment activities and attractive offers,” he said.

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