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Excerpted from the United Arab Emirates Guide.

Retail in Abu Dhabi is on the rise. BMI estimates retail revenue in the UAE increased 5.3 percent last year to 31 billion USD, forecasting it will rise to 32.7 billion USD this year and 42.7 billion USD by 2015. The Oxford Business Group (OBG) also expects solid sales growth and new shopping developments over the next year. The emirate’s rising demand is being driven by its young and increasingly affluent population, as well as the steadily growing number of foreign tourists. With their affluent per capita incomes, the youthful population locals have significant spending power that is likely to continue.

New retail space is coming onto the market this year, at twice last year’s total, according to Jones Lang LaSalle (JLL), a real estate investment firm.

Areas of Job Promise

According to Monster.com’s most recent Middle East employment index, retail/trade and logistics jobs are seeing the most notable job growth. Gulftalent.com concurs, predicting in the future retail will continue growing at a high rate, driven by higher incomes and increased consumer spending.

Professional Organizations and Resources

Dubai Chamber of Commerce and Industry
http://www.dubaichamber.ae/
Established in 1965, the Dubai Chamber of Commerce and Industry is a non-profit public entity whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favorable business environment, supporting the development of business and by promoting Dubai as an international business hub. The Dubai chamber started its activities with 450 members and a 12-member board of directors. There are more than 100,000 members, representing all economic sectors.

Dubai Chamber of Commerce and Industry
PO Box 1457
Dubai, UAE
Tel: 800 242 6237 or +971 4 228 0000
Fax: +971 4 202 8888
Email: info.member@dubaichamber.ae, info.dataresearch@dubaichamber.ae

Publications

Gulf Marketing Review (GMR)
http://www.gmr-online.com/
Gulf Marketing Review (GMR) is the authoritative and reliable information source for those doing business in the Arabian Gulf. Spanning news, analysis and robust research on a broad range of market sectors and issues, GMR not only meets but often anticipates the marketing industry's requirements in the areas of business intelligence, trends and comments. With more than a decade of experience, GMR is read by senior managers, decision makers and marketing professionals. GMR-Online.com, the publication’s web portal, provides up-to-the-minute news, analysis and commentary on the region’s media and marketing industries.

This is just a sample of what you'll find in the complete United Arab Emirates Guide.



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