More American shops looking to open in Dubai
Despite the gloom that shrouds the retail sector in the Western world, sales in Dubai’s shops are up 10% this year and consumer confidence is at its highest for 7 years. With potential for growth in the struggling US market limited, and disposable income in Dubai high, American chains are looking to expand into this [...]
Inflation
Inflation is a serious concern with any growing economy. In Dubai years of strong economic growth have been accompanied by rising inflation rates – inflation rose by over eleven percent in both 2007 and 2008. This is partially due to a near doubling of commercial and residential rental costs, substantially increasing the cost of living [...]
The growing population of Dubai
The population of the metropolitan area of Dubai is 2,261,995, the largest population of all the emirates. For the sake of comparison, the population of the metropolitan area of London is 13,063,441. The population density of Dubai is 408 people per square km (1,057 per square mile); London has a density of 4,761 people per [...]