Dubai – Mubasher: Mega shopping centers will enhance the growth of the retail market in the GCC states to nearly $300 billion by 2018, business experts said on Wednesday.
It is expected that GCC’s retail market will jump 15% to $290 billion in 2018 from $253 billion a year earlier.
This hike is attributed to the growing mega malls in the GCC's capitals such as Mall of the World in Dubai, Al Maryah Central in Abu Dhabi, Mall of Saudi in Riyadh, as
well as mega-events like Expo 2020 Dubai that in return drive tourism growth, according to Ardent Advisory & Accounting report.
