REGIONAL ROUND UPFEATURE - QATAR
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QATAR LEAPS FORWARD With over twenty-two years of experience in the retail real estate industry, serving on a number of leadership roles across some of the most prominent corporates and shopping centres in the Middle East region, Rony Mourani leads Assets Properties Management, part of the Qatar based Power International Holding Group, as Chief Executive Officer. He holds degrees in Business Administration, specializing in Management and Marketing, and a double major in Accounting and Finance from the Lebanese University.
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atar’s visionary practices supported by assertive actions continue to place the country at the forefront with staggering developments. Since its launch in 2008, Qatar’s 2030 Vision provides a brilliant example of the progressive and evolutionary impact of wise leadership and inclusive professional and social practices. With a population of 2.8 million, Qatar still reigns at the top of the world with its GDP per capita that stood at US$62,500 in 2021 and is projected at approximately US$68,800 for 2022. Things continue to look favourable for Qatar as it is setting the stage to host the world’s second-biggest and most popular sports event, the FIFA World Cup 2022™, in November of this year. More than 1.5 million fans are expected to flock to Qatar to live the sensation.
RETAIL PEOPLE . MAY - JUL 2022
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RONY JOSEPH MOURANI
Chief Executive Officer ASSETS PROPERTIES MANAGEMENT
The vibrant retail sector in the country is preparing for yet another boost and is readying itself to offer its shoppers and guests across 1.3 million sq meters GLA by the top twenty malls, a unique and premium experience. Mall of Qatar’s vision was and shall continue to be perfectly aligned with the social, economic, and environmental vision of the country and its business landscape. With over 200,000 sq meters GLA, 500 outlets of a magnificent diversity of offerings, and a 360° in-mall revolving stage that continues to witness world-class shows and concerts. Mall of Qatar stands out with its visionary initiatives and embracive customer journey optimization practices. While we will still see E-commerce scoring substantial growth, retailers are devising several strategies to ensure the physical