Dubai Chamber announces formation of Retail Business Group


March 11, 2018 | By RetailME Bureau

The Dubai Chamber of Commerce and Industry has announced the formation of the Retail Business Group today (March 11). The new organisation aims to promote cooperation among retailers in Dubai, serve common interests and promote transparency within the sector.

The announcement was made during a special launch event hosted at Dubai Chamber’s headquarters. The event was attended by Majid Saif Al Ghurair, chairman of Dubai Chamber; Nilesh Ved, chairman of the Retail Business Group and representatives from member companies.

The Retail Business Group is being led by the steering committee that includes Apparel Group, Al Tayer Group, AZADEA, Chalhoub Group, Dubai Duty Free, Giordano, Lals Group, Landmark Group and Seddiqi Holdings.

The Retail Business Group is the 29th sector-specific business group established under the umbrella of Dubai Chamber. By supporting the business group, the Chamber aims to protect the interests of retailers in Dubai, and provide an ideal platform for industry stakeholders to collaborate.

Other objectives of the Retail Business Group include addressing common concerns of members and retailers in the emirate, raising industry standards, sharing best business practices, organising and supporting retail-related events.

In addition, the new group will liaise and coordinate the calendar of sale and promotions with Dubai Tourism, the Dubai Shopping Festival Office and the Department of Economic Development throughout the calendar year.

During the launch event, Al Ghurair, welcomed the establishment of the Retail Business Group and highlighted the important role that business groups play in supporting Dubai’s economic growth and development, adding that Dubai Chamber has facilitated the creation of business groups in the emirate which are categorised on an industry and country level.

Commenting on the formation of the Retail Business Group, Al Ghurair says, “We are confident that the Retail Business Group will achieve great things and further strengthen the Dubai’s position as one of the world’s top shopping destinations.”

“Modern retail has become more and more competitive, and this kind of growth requires different focus for retailers to be able to co-exist and thrive. Our mission is to advance the interests of the retail ecosystem through communications, education and brining in omnichannel strategies,” adds Ved.

The UAE retail sector is projected to expand by nearly 5% over the next few years to reach $71 billion by 2021. The establishment of the Retail Business Group would help Chamber promote the interests of retailers in Dubai, stressed Al Ghurair, adding that the group would create a new platform where industry leaders can foster constructive dialogue and fruitful cooperation.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto




Download Images RetailME Magazine