In its Retail Focus Research Report for Autumn of 2015, Knight Frank (KF) noted that the IMF is looking for the UAE to achieve real economic growth of 3.4% for 2015 as a whole. Growth should accelerate to 4.6% in 2020, in spite of the past fall in oil prices: this is thanks to private investment in the run-up to Expo 2020 and a rise of nearly 20% in the UAE’s population. The wholesale and retail sector of Dubai accounts for an estimated 39% of the Emirate’s GDP and one quarter of the workforce.

Source : December 2015/KF/Dubai/RET