The global urbanisation rate is also expected to rise to 68 per cent from 58 per cent during the period, resulting in about 1.9 billion people moving to cities by 2050, Opec said.

The luxury car market is expected to reach USD 662.3 billion by 2033, exhibiting a CAGR of 3.9% during 2025-2033. • Luxury ...

Leading European and other global brands are pivoting away from China; however, till recently, they were not able to find a ...

A new report shows how visitor preferences across the Gulf Region are currently undergoing a fundamental shift.

The luxury car market is projected to reach $1.30 trillion by 2034, growing at a CAGR of 9.3%. Key players like Mercedes-Benz and BMW are acceleratin ...

In March, consultancy Bain & Co slashed its outlook for global luxury sales, saying it now expects the figure to decline ...

The luxury retail landscape in the Middle East is undergoing a dramatic transformation, led by the UAE and Saudi Arabia, ...

PARIS :With Middle East airspace reopening and the U.S.-brokered ceasefire between Israel and Iran appearing to hold, the luxury sector is still counting on the region's wealthy shoppers to help ...

[PARIS] With Middle East airspace reopening and the US-brokered ceasefire between Israel and Iran appearing to hold, the luxury sector is still counting on the region’s wealthy shoppers to help offset ...

According to the Savills Global Luxury Retail Outlook 2025, the Middle East is now firmly on the radar of international brands seeking to expand their footprints beyond traditional Western hubs.

The Middle East is rapidly emerging as a key expansion market for international luxury brands, driven by record wealth ...

With the UAE recording the world’s highest net inflow of HNWIs in 2024, Savills highlights the region as the fastest-growing opportunity for luxury brands ...