Market Snapshot: United Arab Emirates

United Arab Emirates UAE Dubai Abu Dhabi Liwa covid-19 pandemic lockdown

The United Arab Emirate’s retail market was valued at £41 billion in 2019. Prior to the Covid-19 pandemic, the country was witnessing rising per capita income, a growing tourism industry, and increasing expatriate population. Retail Gazette looks at how the wealthy Western Asian state is currently faring.

Market Snapshot: United Arab Emirates

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Get ahead of your competition: Luxury Sector 2022 Report

The trend is clear: online is set to become the leading channel for luxury purchases by 2025. Online shopping for luxury goods increased in value by 50% and nearly...