Despite the growing dominance of international retail giants, Middle Eastern operators are looking to seize the advantage with ambitious expansion plans, according to a recent report from Planet Retail. MODERN retailing throughout the Middle East is developing at a frenetic pace year-on-year, albeit at different speeds in varying markets, with the potential for further growth still very much on the cards. The Gulf region, in particular, has become increasingly attractive for international retailers keen to stamp their presence on a lucrative market. However, regional operators are not to be dismissed, accordingto Planet Retail, especially in the United Arab Emirates and Saudi Arabia where they are fighting back with extremely impressive formats.
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