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Gold sales up 30% in Abu Dhabi
United Arab Emirates
Retail gold sales in Abu Dhabi has reported a 30% increase in June due to holiday buying, Reuters has reported. Jewellers attributed in the increase in spending on gold bars and jewelry from mainly Asians as gifts back home every year in the summer. Strong sales are expected to continue until mid-July.
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- » Palm Hills in mall venture
- » Galadari opens 450 Baskin Robbins
- » Malabar Gold plans Dhs300m UAE growth
- » Panasonic extends warranty cover to the Mideast
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Retail press releases
Samir Photographic Supplies launches new Olympus Stylus Tough-8000 camera
Saudi Arabia - 50 minutes ago
Samir Photographic Supplies, KSA’s leader in imaging technologies and products has launched a 'tough’ new camera for those who love adventure and want more from their equipment when roughing it out in the harshest of conditions.
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- » Max celebrates its 5th year anniversary
- » Superbrand status for Dubai Duty Free
- » Montblanc strengthens regional strategic partnership with Paris Gallery
- » Grand Cinemas at Ibn Battuta Mall celebrates record for weekend cinema admissions
- » Panasonic expands Viera range of flat panel TV’s for growing Middle East market
- » Summer best offers at Abu Tawileh Group on Conti products
- » DragonMart hosts Chinese Women’s Cultural event
- » Ongoing preparations for fifth Liwa Date Festival
Analysis
Dubai malls' rental rates face '40% correction’
United Arab Emirates
Dubai has one of the largest collections of malls per capita in the world, but concerns about oversupply in the emirate’s retail sector are beginning to grow amid the global financial crisis.
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- » Region takes measures to fight food crisis
- » Virgin eyes Middle East expansion
- » Sweet trends - the chocolate market in Saudi Arabia and UAE
- » IT retail buying habits in the Gulf
Special reports
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