Gulf's Most Promising Organised Retail Market Set For Strong Growth

BMI expects Saudi Arabia's mass grocery retail (MGR) industry to register strong growth to 2014 with average annual headline sales growth forecast at 6.62%. Sitting well with our view that Saudi consumer spending will lead the Gulf region long term (see 'Saudi Consumer Spending To Lead Gulf Region', in our online service), we expect leading retailers to continue taking on significant expansion projects.

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