Global luxury retail sales have nosedived along with foreign currencies and oil prices in the past two years. But the continued development of high-end retail space and increased rent renewals in Dubai show brands remain confident in the emirate
Entrepreneurship and innovation have become the new economic growth engines of Saudi Arabia. Tamara Pupic analyses how encouraging new social attitudes toward the kingdom’s innovative youth is about to enact change for the better.
Dubai has long dominated tourism in the region, and its hotels have largely benefitted as a result. Seven months of consecutive declines in revenue and occupancy, however, are putting the emirate’s hoteliers under pressure. But they are not alone, with the symptoms spreading across the region
High-impact entrepreneurs worldwide have come together to respond to the current employment crisis by leveraging the power of entrepreneurship. Tamara Pupic reports from Endeavor’s Scale-Up UAE event held recently at the Four Seasons Dubai.
With oil prices still faltering around their lowest level in 11 years, many GCC governments are drawing down assets from their once swelling sovereign wealth funds to plug budget deficits. Yet this is having a knock-on impact on global markets