Delicate Short-Term 'On-The-Ground' Consumer Spending Outlook

Consumer spending in the UAE, and in Dubai in particular, remains weak. While forecast real GDP growth of 4.8% for 2010 suggests support for a strong bounce in spending, growth will be driven by external forces - emphasised by the fact that we expect real private consumption to grow by just 1% in

To read the full article, please choose one of the following options: