Qatar most attractive retail market in Middle East

Qatar is emerging as one of the most attractive retail markets in the Middle East, according to a new index produced by AT Kearney.

Initially, Qatar was a new entry at fourth in the latest Global Retail Development Index (GRDI), ahead of the region's shopping hub of the UAE which boasts two of the world's largest retail hubs.

The GRDI placed a total of six Middle East countries in the top 30 most attractive markets for development opportunities in retail.

Following a year that saw oil prices drop, AT Kearney said the region has remained an attractive destination for retailers.

As well as Qatar (4) and the UAE (7 down 3 places on 2014), Saudi Arabia 17 (down 1), Oman 26 (down 9), and Kuwait 27 (down 19) all featured in the index.

The report said: "In the past year, the Middle East has faced substantial economic and political upheaval, and the ranking drops in this year's GRDI reflect the varied environment - market saturation (UAE), increased country risk (Jordan), and GDP slowdown from falling oil prices (Kuwait). [Read more on Arabian Business]

Photo by AAR PHOTOGRAPHY

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By friend_shaiju• 9 Jun 2015 09:07

seriously? someone please explain me what they meant with "retail market"

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Qatar most attractive retail market in Middle East

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