• Retail

    Western-style shopping malls are increasingly popular in emerging markets. OBG’s retail sector analysis looks at local demand, shopping habits, opportunities for development in smaller cities, consumer spending power and brand awareness.
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How is the food and beverage (F&B) market coping with the current economic climate, and what are the major factors driving demand?

 

With a strong pipeline of retail space under construction, including major regional destination malls and shopping developments to serve untapped communities, Abu Dhabi’s consumers can look forward to new experiences, fresh brands and greater choice. Existing operators are re-thinking mall management to give more prominence to food and...

Chapter | Retail from The Report: Abu Dhabi 2019

With a strong pipeline of retail space under construction, including major regional destination malls and shopping developments to serve untapped communities, Abu Dhabi’s consumers can look forward to new experiences, fresh brands and greater choice. Existing operators are re-thinking mall management to give more prominence to food and beverage outlets, such as fine dining and the latest fast-...

Abu Dhabi is the largest of the seven emirates that comprise the UAE, in terms of both its land mass and economy, and home to the majority of the country’s energy production and reserves. While the emirate is home to the world’s sixth-largest proven oil reserves, financial buffers have helped it diversify and yield steady non-oil revenues.

 

AT Kearney predicts that the e-commerce market in the GCC will reach $24bn by 2020. The UAE is currently the biggest market in the region when it comes to online shopping, although the management consultancy predicts it will have slipped to second place by 2020, with Saudi Arabia, by far the most populous market in the region, taking the lead...

 

While Dubai’s retail space continues to expand and adapt to global trends, recent years have seen some particular external challenges for the local sector. A sustained period of low oil and gas prices, starting in 2014 and continuing into 2018, has impacted sentiment and disposable incomes in many Gulf states, while economic slowdowns in Asia...