UAE consumer spending reached USD 3.7 billion in Q3 2024, marking a 4.8% year-on-year increase. This surge was driven by robust investments in Fast-Moving Consumer Goods (FMCG) and Technology & Durables (T&D). According to the NIQ Retail Spend Barometer, FMCG sales rose 6.4% to USD 2.1 billion, while T&D registered USD 1.5 billion, growing 2.5%. […]
Around two million, or 20 percent of the UAE population have shifted to online shopping during the last few years within the UAE’s Dh306 billion retail sector. More businesses are adopting online and omnichannel business models, reflecting a shift towards digital platforms. Dubai: Around two million, or 20 percent of the UAE population have shifted […]
DUBAI: Fifty loyal visitors to Expo 2020 Dubai – some of whom have visited more than 75 times – were acknowledged in a special event to show appreciation of their love and support. Her Excellency Reem Al Hashimy, UAE Minister of State for International Cooperation and Director-General of Expo 2020 Dubai, said, “Now you may know […]
Dubai: Alibaba DAMO Academy (“DAMO”), the global research initiative by Alibaba Group, provides its forecast of the leading trends that would shape the tech industry in the year ahead. By analyzing millions of public papers and patent filings over the past three years and conducting interviews with near 100 scientists, DAMO provides the top 10 […]
