The Retail Summit 2019 spotlights Dubai’s fast- Business forum in Dubai
Dayofdubai Inaugural summit held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum Vice President and Prime Minister of UAE and Ruler of Dubai United Arab Emirates, 14 February 2019: UAE Business Media outlook for Dubai’s growing ecommerce sector is looking bright as consumers in the emirate continue to turn to digital platforms to access services and products, according to retail leaders and experts speaking
on the first day of The Retail Summit 2019 in Dubai. Online Media in Dubai is being organised under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in partnership with Dubai Chamber of Commerce and Industry and Meydan One. The high-level event, taking place February 13th-14th, is gathering more than 900 industry leaders and experts from around the world who are representing some of the world’s most prominent retail brands. Business forum in Dubai global and regional speakers at the summit are sharing their insights and perspectives on key challenges and opportunities facing retailers, as well as their outlook for the future of the global retail sector.
Addressing delegates at the two-day summit, H.E. Hamad Buamim, President and CEO of Dubai Chamber, noted that the summit offered valuable insights into the realities of the global retail sector and a platform to share knowledge and best practices among prominent industry leaders. Business Directory in Dubaidestination to host the international event, given its reputation as one of the world’s most sought-after shopping destinations, as well the strong presence of international retail brands that are present in the emirate. “Daily News in Dubai retail commerce are primary economic engines for Dubai, contributing to nearly 27% of the emirate’s GDP, while e-commerce stands out as a sector with massive potential for growth, poised to expand at a CAGR of 12% in the 2018-2023 period to reach AED 9.7 billion in sales volume by 2023,” Business News in Dubai startups are a major source of innovation for Dubai, as they
are often the early adopters of disruptive technologies such as blockchain, artificial intelligence and 3D printing.