PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: BIZ COM - PRoactive Communications

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Fusion Will Highlight Dubai’s Status As Prime Regional Retail Hub - Hectic development to spur UAE retail spending to $10.20 billion.
Fusion Will Highlight Dubai’s Status As Prime Regional Retail Hub

 

NewswireToday - /newswire/ - Dubai, UAE, United Arab Emirates, 2006/07/12 - Hectic development to spur UAE retail spending to $10.20 billion..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Consumer/Shopping Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Fusion 06, an industry platform that will resemble a contemporary lifestyle festival, will reflect Dubai’s status as the premier hub for fashion and textile export in the Middle East and the near-term growth potential the region offers.

Organised by IIR Middle East, the show is scheduled to take place at the Airport Expo Dubai from September 21 to September 23, 2006.

“The multifaceted new generation marketing platform will underscore the tremendous growth the region has achieved in terms of the retail industry and the fashion and textiles sector,” said Adam Taylor, Event Manager of Fusion. “Middle East retail developments rank as the second largest growth sector after the residential real estate sector,” he added.

According to a Retail International study, massive increases in tourist activity and heightened retail and commercial development in Dubai have resulted in projected estimates of retail spending crossing AED27.89 billion by 2009.

Retail activities in shopping centres are expected to contribute about 50% to Dubai's GDP. By the same time, Abu Dhabi's retail spending is expected to touch AED7.19 billion and in Sharjah it is forecast to exceed AED2.36 billion. In total, retail spending in the UAE is estimated to reach nearly US$ 10.20 (AED37.44 billion) a year by 2009, if the current projections are an indication, says Retail International.

Driving this momentum is the continuing economic growth across the region. According to a recent IMF report GCC member countries are forecast to continue strong growth in 2006 due to high oil prices. Real GDP of the GCC grew by 6.8% in 2005, and is estimated to grow by 6.4% in 2006.

“Dubai could possibly be on course to become one of the most ‘densely shopped city’ in the world considering the number of malls and other retail units coming up,” remarked Mr. Taylor.” Thus long-term growth prospects are bright for the retail industry even if the current economic trends continue moderately,” he added.

Some global brands that have already strategically positioned themselves to tap the region’s vast business potential include Tommy Hilfiger, Phard, Gap, Banana Republic, Neck & Neck, and Mont Blanc among others. These brands will be targeting the 18 to 30 year age group with their various wares at Fusion 06, which will have a progressive and contemporary clothing culture.

Besides mega brands, Fusion 06 will offer focused features for each industry segment. Special features including Fashion Shows, Make Over Zone, Fusion Chill Out Lounge, Chic Market Bazaar and Daily Competitions will cater to the requirements of industry segments and visitors alike.

Fusion 06 is expected to present completely unorthodox settings to participants and exhibitors while creating the right environment to make it a profitable and worthwhile experience.

Besides Fusion, IIR’s portfolio includes flagship events like Cityscape, Arab Health, PALME (Pro Audio Light Middle East), The Bride Show Dubai & Ambiente Al Bayt Al Arabie.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Consumer/Shopping Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: BIZ COM - PRoactive Communications

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Consumer/Shopping articles,
CATCH Visitors via Your Competitors Announcements!


Fusion Will Highlight Dubai’s Status As Prime Regional Retail Hub

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: BIZ COM 
+971 4 332-0888 info[.]bizcom.ae
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BIZ COM - PRoactive Communications securities in any jurisdiction including any other companies listed or named in this release.

Consumer/Shopping via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From BIZ COM - PRoactive Communications / Company Profile


Read Consumer/Shopping Most Recent Related Newswires:

Katya Candles Participates in the First Annual GBK Charity ‘Giving’ Lounge
Leviton Introduces Five New Architectural Edition Powered by JBL® Speakers
Samsung SmartThings and Leviton Manufacturing Co., Inc. Announce Strategic Partnership to Offer Whole House Automation through Distribution Channel
OrbSense Technologies Introduces New Smart Kitchen Timer
Tie National, LLC Introduces their Sound Suite Portal As A Month to Month Packaged Solution
DealsBro.com Launches its Price Comparison Website
Den Of Goods Introduces Portable Safe Vault to Protect 'Your Valuables on the Move'
Weve Launches 'Smart Scanner' Mobile Coupons
Datalogic Announces the Joya Touch Multi-purpose Device
You Design, We Print - Prinfab® Launches An Online Fabric Marketplace
Method Lights Launches the Next Evolution in Picture Lights
The Crowder Launches New Online Service to Connect Crowdsourcers
Echo-Xpats Adds Bvlgari to its Luxury Brand Clientele
FUSS Introduces the Smart Fashion Shopping Solutions for Modern Women
JUNTO, LLC Introduces Reusable Beer Cooler Made with NASA Technology and Certified by the Space Foundation

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)