UAE SHOPPERS ARE INDULGING, BUT WITH A GOOD DEAL OF SMARTS: UAE consumers definitely are not holding back on the things they want to buy – and the experiences they want to be in on (in other words, travel). The latest status report on UAE consumer habits from Majid Al Futtaim affirms that mood among consumers. But rather than go all out on their spending, and worry about the credit card payments later, these consumers are doing so with a good deal of planning and foresight. Wait until the bumper promotions are on? Sure, why not? Travel anywhere outside of peak phases? You bet. More UAE consumers are learning how to stretch their dirhams – and at the same time, not cut back on what they feel like doing. Whether collecting a new fashion accessory or soaking in a life experience, UAE shoppers do so – with caution. (Manoj Nair, Business Editor)
Gulf News Archive