Around the world, there are 250 top retailers that generate $4.4 trillion in revenue with a net profit of 3.2 percent. Two of these firms are in the retail market in the UAE, including Lulu Group with a 32 percent share of the market and 131 stores in GCC, Egypt, India, Indonesia, and Malaysia. Also in the retail market in the UAE is Majid Al Futtaim Holding. Both retailers are listed at number 141 and 151 respectively.
On 3rd October, Government and private sector leaders will gather in Dubai as the city hosts one of 45 live events around the world to celebrate Customer Experience (CX) Day. It will be the first time a Middle Eastern city has taken part in the annual global event which began in 2014, backed each year by international brands like Microsoft, Cisco and Dell. Officials from Dubai Economy will be joined by executives from key UAE sectors, including banking, telecommunications and airline industries, each with a shared focus on exceeding the growing expectations of consumers.