UAE ranks second in retail apparel index

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The UAE has been ranked second on the A. T. Kearney Retail Apparel Index, which identifies the top 10 developing countries ranked in terms of market attractiveness, retail development, and country risk for their clothing retail industries.

“From the overall point of view, the UAE has all the components to be a very successful market for apparel,” said Emanuele Savona, A.T. Kearney principal. Reasons for this include that the country is growing in terms of GDP and consumption per capita and also has a vast young population attracted by big brands, Savona said.

Abu Dhabi corniche is playground for cycling enthusiasts

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Abu Dhabi: Summers might be harsh in the UAE, but this has not deterred cycle enthusiasts from hitting the pedal.

Every evening there is a rush at the Abu Dhabi Corniche with people thronging to rent bikes and karts. “There is a huge demand and people love cycling. Demand has not dropped despite the summers,” said Hassan Olawale, assistant marketing manager, Fun Ride Sports.

Emir receives well-wishers

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HH the Emir Sheikh Tamim bin Hamad al-Thani received at Al Wajbah Palace in Doha yesterday evening more well-wishers, including sheikhs and citizens, on the occasion of the advent of the holy fasting month of Ramadan.

Mideast shoppers among world’s most impulsive

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Consumers in the Middle East and Africa are among the most impulsive and brand-conscious shoppers in the world, new findings from a global survey revealed.

The latest Nielsen Global Survey of Consumer Shopping Behaviour, which polled more than 29,000 online respondents in 58 countries including UAE and Saudi Arabia, showed that approximately four out of ten people in the region (39 per cent) have a habit of impulsively buying things they don’t need.