RNCOS analysis suggests ME retail (tourism, banking, trading sectors) on growth trajectory
May 31st, 2008 Posted in GeneralThe India-based sector analysis firm released its new report: “Middle East Retail Sector Analysis (2007-2010).” RNCOS, based on country-level analysis of the retail industry in the ME, focuses on growing opportunities in the ME markets. PR-Canada.net reports (5/30) “The retail sector in the Middle East region is growing rapidly. The increasing household consumption, affluent population, and booming services industry (tourism, banking and trading sectors) are propelling growth of the region’s retail industry. Also, the modern shopping malls anchoring state-of-the-art hypermarkets and various shopping events like Dubai Shopping Festival, makes the region a highly profitable destination for retail players.”
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