Dubai retail spending increases by 40%

Published June 17th, 2004 - 02:00 GMT
Al Bawaba
Al Bawaba

Retail spending in the first five months grew 40 per cent over the same period last year, according to a high-level Dubai government official. 

 

Per capita retail space in Dubai, currently at two square feet, will reach the Far East's level of nine square feet, Gulf News cited Mohammed Ali Alabbar, chairman of Emaar Properties, as saying. (menareport.com)

© 2004 Mena Report (www.menareport.com)