Abu Dhabi / Emirates Business Abu Dhabi Duty Free set a new sales record in 2015, reaching AED 1.5 billion across its retail, food and beverage (F&B) and services sectors, according to its latest commercial figures. Sales were up 10.3% on 2014’s figures, despite increasing economic volatility worldwide. The retail category continued its upward growth trend, rising by 7% to …

Emirates Business Auto industry professionals in Abu Dhabi gathered in a recent event to discuss the cumulative prospects in UAE automotive aftermarket. The capital has witnessed a steady growth in the demand for spare parts and services. Auto spare parts demand in the Gulf region was valued at AED3.1 billion in 2015, up from AED2.9 billion in 2013; the aftermarket …

RITIKA SHARMA / Emirates Business Gone are the days when fashion was for grown-ups only. The little ones also rock, that’s what figures say. Kids-wear market is estimated to hit US$173.6 billion by 2017, growing at a stable compound annual interest rate (CAGR) of 4.2 percent. According to Reference for Business report, there are over 1,000 international children’s fashion brands …