Companies / United Arab Emirates
Duty-Free Continues To Boom As Diageo Looks To Double MENA Sales
December 2010 | Company News AlertDuty-free retail is big business in Dubai, with Dubai Duty Free (DDF) thought to be responsible for nearly 50% of Middle East's estimated US$2.5bn duty-free market. Phenomenal passenger inflow growth into Dubai over the past decade has transformed it into arguably the region's leading transport hub, which has had a massive knock-on effect on DDF's sales. While Dubai's economy in particular slowed down over the past year, duty-free sales and passenger inflows into Dubai have continued to boom (see
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