DUBAI / WAM Dubai’s retailing market size in 2015 is estimated to have reached US$35.4 billion, witnessing sustained annual growth rates of 3.5 per cent to 7.5 per cent since 2010, according to an analysis by the Dubai Chamber of Commerce and Industry based on data from Euromonitor International, prepared ahead of the World Retail Congress which will take place ...

DUBAI / WAM Ahmed bin Sulayem, executive chairman of the Dubai Multi Commodities Centre (DMCC), revealed on the sidelines of the 6th Global Dubai Tea Forum, the authority’s plans to introduce its own signature high-end tea brand, ‘Shay Dubai’. The new ‘Shay Dubai’ tea will be marketed under different flavours, including Dubai Spirit, Khaliji Blend, and Arabic Breakfast. DMCC is ...

DUBAI / WAM Nasdaq Dubai welcomed the listing of two Sukuk issued by the government of Indonesia with a total value of US$2.5 billion. The total nominal value of Sukuk currently listed on Dubai’s exchanges has now reached US$42.31 billion, strengthening its position as the largest centre globally for Islamic bond listings. The listings support the growth of Dubai as ...