Search ARN News Centre

Consumer confidence in Dubai’s retail sector remains strong

Thursday, 31 March 2016 16:38

Strong domestic spending is helping stimulate Dubai’s retail sector, according to the Department of Tourism and Commerce Marketing. It says consumer confidence remains strong, while attractive discounts and greater options are helping maintain a robust footfall at shopping outlets. The success of several big-ticket annual events like the Dubai Shopping Festival (DSF) has also prompted the authority to launch new platforms linking consumers with high-end retailers. Saeed Al Falasi, Executive Director at the Dubai Festivals and Retail Establishment says these initiatives are major contributors to the local economy.

Listen

Share

More from Business

  • DoH awards research projects over AED19 million to transform AD healthcare

    The Department of Health – Abu Dhabi (DoH), in partnership with the Authority of Social Contribution - Ma’an, has awarded over AED19 million in grants to support advancements in groundbreaking fields such as cell and gene therapies, precision medicine, and advanced cancer treatments.

  • UAE, Italy sign MoU to combat financial, economic crimes

    The UAE General Secretariat of the National Anti-Money Laundering and Combatting Financing of Terrorism and Financing of Illegal Organisations Committee (GS-NAMLCFTC) and the Italian Guardia di Finanza on Friday signed a Memorandum of Understanding for a strategic partnership in the fight against the emerging financial crime threats.

  • Putin says there is no time to sign new Ukraine gas transit deal this year

    President Vladimir Putin said on Thursday there was no time left this year to sign a new Ukrainian gas transit deal, and laid the blame firmly on Ukraine for refusing to extend the agreement that brings gas to Slovakia, the Czech Republic and Austria.

  • New tax programme for government employees

    Dubai Finance (DOF) and PwC Academy, the talent and skills development arm of PwC Middle East, have announced a strategic partnership to introduce a new Tax Professional Certificate aimed at tax professionals working within Dubai’s government entities.

  • Brazil says workers at BYD construction site victims of human trafficking

    Chinese workers found at a construction site for a factory owned by China's electric vehicle producer BYD in Brazil's Bahia state are victims of human trafficking, Brazilian labor authorities said on Thursday.

Latest Local News

News

Quick Links

Get the app

  • Available on the App Store
  • Available on Google Play

© 2024 ARN and Aiir. All Rights Reserved.