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The threat to local retailers might turn into an opportunity if these companies restructured their balance sheets and concentrated on niche markets, one economist says. (Mall of Arabia)
June 15th, 2016 - 07:00 GMT

Saudi Arabia: Law permitting 100 percent foreign investment in retail will boost sector

Saudi Arabia's cabinet has approved rules for foreign companies to invest in the wholesale and retail trade sector with 100 percent ownership, revised from a previous limit of 75 percent.
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The Middle East’s top cities, including Dubai, Kuwait City, Abu Dhabi, Jeddah and Riyadh are emerging as business and travel hubs. (File photo)
May 29th, 2016 - 11:46 GMT

A third of top 15 'global retail cities' are in MENA

Al Bawaba
October 6th, 2015 - 07:01 GMT

Time to buy in Dubai! Apartment prices down 11 percent

Al Bawaba
August 17th, 2015 - 11:00 GMT

GCC's $1.9B private education sector a boost for refurb business

Al Bawaba
June 1st, 2015 - 02:36 GMT

A top tourist destination, Dubai to build 28,000 more hotel rooms by 2018

At the end of 2013, the fast expanding emirate saw total housing stock reaching 232,000 units, says Colliers International, a leading property advisory firm.
May 8th, 2014 - 02:04 GMT

It runs in the 'family': an impending housing bubble in Abu Dhabi?

Al Bawaba News

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