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    Retail sector one of the key pillars for growth of the UAE economy

    06 Dec 2019

    WTS Dhruva Consultants, a boutique tax advisory firm and FTA registered Tax Agent with presence in the UAE, Saudi Arabia and Bahrain, has published another comprehensive guide on ‘Impact of Indirect Taxes on Retail Sector

    Japan retail sales tumble as tax increase hits demand

    28 Nov 2019

    Japan’s retail sales tumbled at their fastest pace in more than 4-1/2 years in October as a sales tax hike prompted consumers to cut spending, raising a red flag over the strength of domestic demand.

    Jumbo invests over Dhs10m for expansion in Abu Dhabi

    25 Nov 2019

    Officials from Abu Dhabi Department of Economic Development (DED) have inaugurated a new branch of Jumbo Electronics, the leading OmniChannel retailer in the region, at The Galleria Al Maryah Island in Abu Dhabi.

    GGC retail’s market projected to reach $50 billion by 2025

    14 Jul 2021

    According to Dubai Chamber’s latest forecast E-commerce sales in Dubai are forecasted to jump 23 per cent to reach $27 billion in 2022, driven by the COVID-led digital shift and changing consumer demands, which are levelling the playing field.

    Sharjah retail sector marches ahead despite global COVID-19 challenges

    11 Jun 2021

    Sharjah is a leading destination for local and global retailers despite the worst global COVID-19 challenges. The 2nd edition of the Big Shopper Sale, which recently concluded at the Expo Centre Sharjah,

    Sound management key to survival in $20.3tr retail sector

    27 Nov 2021

    The 10th Middle East Retail Forum held on Nov.24 witnessed the confluence of the region’s top retail leaders to discuss the unveiling of tomorrow’s retail experiences.

    India’s retail inflation accelerates in October

    12 Nov 2021

    India’s annual retail inflation rose to 4.48 per cent % in October compared with 4.35 per cent in the previous month, government data released on Friday showed.

    India’s retail inflation accelerates to 7 per cent year-on-year in August

    12 Sep 2022

    India’s retail inflation accelerated to 7 per cent year-on-year (Y/Y) in August, driven by a surge in food prices, adding pressure on the central bank to further hike interest rates later this month.

    US retail sales above estimates in September; outlook cloudy

    17 Oct 2020

    US retail sales accelerated in September, rounding out a strong quarter of economic activity, but the recovery from the COVID-19 recession is at crossroads as government money runs out and companies continue to layoff workers.

    UK’s retail sales beat estimates to cap record quarter of growth

    23 Oct 2020

    British retail sales beat expectations in September to cap a record quarter of growth that took total sales volumes further above their pre-pandemic level, but rising COVID cases risk crimping demand going forward.

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