UAE retail sector rebounds with Q1 consumer spending jump
Published 11 Aug,2021 via Arab News - Economy DUBAI - The UAE’s consumer spending increased by 17 percent between February and March, a new study has revealed, raising hopes that the retail economy is on track to make a full recovery
Emirati e-commerce has doubled its 2019 level. By February, e-commerce spending increased by 30 percent year-on-year.
The study is the first in a series of quarterly reports launched by Majid Al-Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia.
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