Saudi Arabia To Grow Faster Than UAE In Food Retail

BMI expects Saudi Arabia's mass grocery retail (MGR) industry to register very strong growth through to 2015, with average annual headline sales growth forecast at 10.5%, which is quicker than the UAE (see first chart). It is the Gulf's most promising long-term retail market with Saudi Arabia accounting for about two-thirds of the region's population. We expect leading retailers in the country to continue taking on significant expansion

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