Saudi Arabia and the UAE are the most dynamic retail markets in the Middle East, says Sacha Orloff in a recent report on retail prospects and the outlook in the Kingdom for 2012. The consulting group, whose core expertise lies in the GCC and Middle East services and retail industry, sees the greatest potential in these two markets in its forecast for 2013, pointing out that they have been dominating the retail landscape for more than a decade and will continue to do so in the coming years.
The report identifies retail as the fastest growing sector in the Middle East and the key to economic diversification and development in the GCC region, where it is the second largest sector after oil. The factors propelling outstanding market expansion in the two largest retail markets in the Gulf, as well as in other Middle Eastern countries like Egypt and Turkey,include strong economic growth, the shift in consumer demographics, large expatriate population and high purchasing power.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BAsda and Deliverect Deepen Partnership to Power Rapid Delivery Across Asda Express
SQUATWOLF’s Kuwait Flagship Store Anchors Its Regional Growth Ambitions
Global beauty icon Ulta Beauty to make Riyadh debut at Panorama Mall
/ 
For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
/ 
Sales of over $2 billion, footfall of 89 million, staffing 6,000 people,
Some of you may know Kamal Osman Jamjoom (KOJ), the retail conglomerate,
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer
GMG, a global well-being company retailing, distributing and manufacturing a portfolio of
In line with its commitment to positively impact the community, Brands for
Previous Article
