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UAE shoppers splurge $3.8bn on FMCG and Tech in Q2UAE consumers spent in the second quarter (Q2) a substantial $3.8 billion on Fast-Moving Consumer Goods (FMCG), Technology, and Durable Goods, a 3.4% change from last year. According to the new insights f More… |
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UAE consumer spending increases by 19% in 2022, says reportMajid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, in its latest report has revealed that the overall consumer spending in the UAE was up 19% in 2022 compared to the prev More… |
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UAE and KSA consumer spending power remain strongUAE and Saudi Arabia’s consumer spending power remain strong despite concerns about the global macro-economic environment. This is according to research by leading management consulting firm, Kearne More… |
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UAE and KSA consumer spending power remain strongUAE and Saudi Arabia’s consumer spending power remain strong despite concerns about the global macro-economic environment. This is according to research by leading management consulting firm, Kearne More… |
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Consumer spending in UAE up 3rd straight monthConsumer spending in the UAE continued to increase for the third straight month, jumping 63 percent in August as compared to March, according to statistics released by the Federal Competitiveness and Statistics Authority (FCSA). H More… |
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UAE consumer spending up 65% in June from MarchConsumer spending in the UAE increased by 65% in June 2020 as compared to March, according to statistics released by the Federal Competitiveness and Statistics Authority (FCSA). Hoteliers were among the top beneficiaries, as spend More… |
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Quarter of UK firms shut down amid Covid lockdown: ReportThe business sector in the United Kingdom has taken a huge hit, as the Covid-19 lockdown continues to wipe out the revenue of thousands of companies across the country. British consumer spending has fallen sharply over the last fe More… |
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US consumer spending expected to be ‘sluggish’ in 2020US households expect their spending power to rise at a slower rate over the next 12 months, as consumers prepare for what some economists say will be “a sluggish year”. Overall, the median forecast More… |
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Kuwait consumer spending rebounds in June: NBKKuwait’s consumer spending index increased 8.5 per cent year-on-year (y/y) in June, supported by a pickup in the consumption of durables and non-durables, said the National Bank of Kuwait (NBK) in its latest Economic Update. More… |
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Kuwait consumer spending softens in MayWhile seasonal factors weighed on consumer spending in Kuwait during May, conditions remained strong compared to 2017, with the consumer spending index rising 7.5 per cent year-on-year (y/y), said the National Bank of Kuwait (NBK). More… |
