Uae Retail Market
Pakistan & Gulf Economist 2011, July 31, 30, 30
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Publisher Description
Dubai -- Extended operating hours until midnight for 30 malls combined with the Dubai Summer Surprises (DSS) campaign has helped increase retail sales more than 10 per cent over last year for some store owners, retailers report. Spending by shoppers attracted by discounts of up to 70 per cent will also help realize predictions that total UAE retail sales will climb to $21.6 billion (Dh79.3 million) by the end of the year. Eisa Adam Ebrahim, a member of the board of directors of the Dubai Shopping Malls Group, told Gulf News that malls are doing better than last year when retailers were still recovering from the global economic crisis.