1、STATE OF THE UAE RETAIL ECONOMYA Perspective Based On Full-Year Market Data And Consumer Behaviour1A Perspective Based On Full-Year Market Data And Consumer BehaviourIntroduction from the CEO.2Headline Findings.3 UAE Economic Overview And Outlook .5The UAE Retail Economy:A Deep Dive.10UAE E-Commerce

2、 And Growing Digital Economy.21Travel and Tourism Back On Track.24Real Estate Goes From Strength to Strength.27Conclusion.30Methodology And Sources.32Endnotes.34Table of ContentsIf one was to summarise the qualities that continue to enable the UAE to thrive despite the social and economic upheaval t

3、hat assails the region and beyond,resilience,a clear vision and an ethos of progressive thinking must be at the top of the list.From hosting COP28 in the last quarter of 2023,to the World Trade Organisations 13th Ministerial Conference in January this year,the UAE is solidifying its position as a gl

4、obal convener of governments,international organisations and businesses and a hub for driving positive change in the world.For those of us fortunate enough to call the UAE home,its position as an international platform for collaboration and cooperation will come as no surprise and more of a direct r

5、eflection of the Nations success in building domestic models for sustainable economic growth and social development.In emerging as a regional lighthouse for long-term prosperity,the UAE has created an environment where global talent,investment,trade and commerce can thrive.This is no more obvious th

6、an within the retail economy,where consumer confidence continues to drive high spend and outpace global trends in segments that span from real estate to luxury goods.That is not to say the UAE is utterly immune to the global impact of elevated inflation and interest rates,however what is certain is