Press releases 2017

PwC Middle East Total Retail Survey 2017: Online retail disruption is revolutionising the way we shop in the region

Will the development and advancement of online retail surpass traditional retail and transform the region’s consumers’ shopping experience? According to PwC Middle East’s latest report, released today, Retail Disruption - what’s the outlook for the Middle East?, the sector is witnessing game-changing developments with industry players coming into the Middle East’s retail market.

Volatile oil prices and geopolitical uncertainties continue to take centre stage, the region witnessed a record year in sovereign bond issuance eclipsing a sluggish IPO performance

IPO activity in the Gulf Cooperation Council (“GCC” or the “Gulf”) remained lacklustre during Q4 2016. Investors sentiment continue to be affected by ongoing geopolitical uncertainty, government’s additional austerity measures accompanied by further spending cuts, whilst regional stocks indexes remained bearish throughout the year a late rally in oil prices helped ease the pressure on regional budget constraints.

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