Executive Summary
UAE, in general, and Dubai, in particular, is positioned as a shopping destination of the world. The market caters to both the domestic population as well as the large number of tourists visiting the country every year. Dubai is the location of choice for international retailers looking to enter the Middle East retail space. Supermarkets/Hypermarkets segment dominates the country's retail market, followed by Exclusive Stores, Specialty Stores and Department Stores. The major players operating in theUAE retail marketare Lulu Group, Majid Al Futtaim, Landmark Group, Al Azizia Panda United Inc., Azadea, EMKE Group, Fathima Group of Companies, Carrefour, Spinneys Dubai LLC, Al Maya, among others. E-commerce offers attractive investment opportunities in the sector.
