Tag: Business Monitor Internationa

The key factors behind the strong growth forecast in UAE's retail sales in 2010 and beyond is the expected increases in household consumption, growing urbanisation, high wealth levels as well as an overall improvement in consumer confidence as the worst of the economic crisis is over. One further factor that will assist the retail sector in growing is the success of the Dubai Metro, which started some services in September 2009. With some stations located inside or adjacent to major shopping malls, retailers are expected to see sales rise significantly.