MasterCard has revealed the results of the latest MasterCard Worldwide Index of Consumer Confidence (MWICC), which found that, with a score of 82.1, consumers in the UAE are very optimistic about the coming months. The MasterCard Worldwide Index of Consumer Confidence is based on a survey conducted between 5th December 2011 and... Read more
Dubai retains pulling power for international retailers
The United Arab Emirates (UAE) is the world’s second most international retail market, while Dubai is the second most targeted city for international retailers, according to the 2012 edition of How Global is the Business of Retail? by leading global property adviser CBRE. CBRE’s annual survey mapped the global... Read more
Overall consumer confidence in Dubai remained robust during the first quarter of 2012, driven largely by a positive outlook on personal finance and strong optimism on job prospects, according to the quarterly consumer confidence index (CCI) published by the Department of Economic Development. Indicating that Dubai and its economy... Read more