The data shows double-digit growth in e-commerce in both KSA and UAE, indicating a notable shift towards more convenient shopping habits
consumer confidence
Latest in consumer confidence
consumer confidence
US consumer confidence inches up in August in yet another data favouring an immediate rate cut
The Conference Board’s consumer confidence index increased to 103.3 this month, the highest level since February, from an upwardly revised 101.9 in July
consumer confidence
UAE holidays 2023: India, Pakistan, UK among top travel destinations
Searches for travel destinations are up 185% as compared to the previous year
consumer behaviour
UAE shoppers concerned by economy, plan to spend more anyway
Despite inflation worries and global market volatility, UAE consumers plan to spend big in 2023
Central Bank of the UAE
Will rising interest rates help avoid liquidity trap issues?
Current price index levels observed in the UAE along with their projections suggest the need to curb excessive inflation growth before it is too costly for households, companies, governments, while allowing for future expansionary policies, when needed
consumer confidence
Saudi Arabia’s e-commerce council empowers consumers with slew of measures to prevent fraud
Through these measures, the Saudi Ministry of Commerce aims to enhance confidence and integrity in e-commerce transactions
brick and mortar business
Predictions for 2022: 6 key consumer trends in the UAE
Consumers have assimilated to the “new normal” and businesses, particularly retailers, in the UAE are adapting to evolving circumstances through flexible operating models that are shaping future trends
business confidence
Saudi’s economic incentives, oil price improvements lift overall consumer confidence to 48.4 percent in Feb 2022: report
Saudi consumers appear to be optimistic about avoiding any fallout from current geopolitical conflict, while remaining confident in the Saudi government’s ability to control inflation
consumer confidence
How retailers can use their data to emerge stronger from the supply chain crisis
While reshaping business models and pivoting to digital-first strategies has required a lot of energy and a significant monetary investment at a time when both were in short supply, the good news is that these efforts were not wasted
Colliers
Hotel occupancy in the MENA region remains positive, as the market enters a road to recovery in 2022: report
The impact of Expo 2020, in particular, has had a positive effect on all markets in the UAE, while the FIFA World Cup Qatar 2022 is expected to result in overspill demand to the key transit hubs in Dubai and Abu Dhabi
consumer behaviour
The way we pay today can help us predict tomorrow
Regional digital payment trends brought on by social distancing and coronavirus will continue
commercial complaints
Dubai sees 17% drop in commercial complaints as ease of doing business improves
Department of Economy and Tourism unit says it received 414 commercial complaints last year compared to 500 in 2020
business activities
Consumer confidence in UAE private sector, Saudi economy hits 12-month high
The uptick was largely propelled by the trickle-down effect of higher oil prices, tourism activity driven by the enthusiasm around Expo 2020, and a series of public IPOs issued for the Saudi Arabia’s key infrastructure projects
consumer confidence
UAE consumer confidence recovers to highest level in 10 years, report reveals
UAE’s retail economy is showing ‘positive signs of recovery’ as consumer spending in Q3 exceeds 2019 levels, according to a new report by Majid Al Futtaim
consumer behaviour
Can you afford to lose nearly 40% of your consumers?
Businesses that manage to protect not only themselves but also their customers from rapidly evolving digital threats will be best placed to build consumer confidence in an increasingly interconnected, digital world and in turn benefit from returning customers
cash on delivery
Cash’s popularity subsides in UAE even as online fraud rises
Improved technology and security measures have boosted consumer trust and usage of digital payments in store and online, a survey from Visa, Dubai Police and Dubai Economy finds
consumer confidence
Dubai consumer confidence hits highest mark in a decade
Dubai Economy figures reveal big rebound in Q2 as confidence returns after impact of global pandemic