Luxury brand dealers in the Dubai Airport Freezone are attempting to increase sales among oil rich Gulf states to lessen the impact of the global financial crisis. The Middle East is less affected by the credit crunch than other states, and luxury brand dealers are optimistic about increasing demand for high end brands in the Gulf market.
A study released by the global consulting firm Bain & Company said “In luxury goods markets, once thought to be immune to the ebbs and flows of economic fluctuation, the impact is felt, though marginally.” It said that the Middle East has responded to the downturn by using new marketing tactics and a variety of different products to open new markets. It forecasts a 7% fall in the sale of luxury goods around the world during 2009, based on constant exchange rates.
This is the largest mosque in Southeast Asia and the Cathedral Church is located right in front of it. ...
Built around 160 A.D. this is a magnificent theatre. Tourists can get tickets to watch ballet performances, theatrical performances and comedies staged here. Timings: Only during performances Address: Dionyssiou Areopagitou Admission: 2 EUR [for entry into both the Odeon & theatre] Tel: 210-323-2771 ...
This is the site where emperors belonging to the Ming and Qing dynasties made sacrifices to their dead ancestors. Unfortunately many of the features that made this temple unique and beautiful were destroyed during the Cultural Revolution. These included the ancient wooden tablets that symbolized past rulers. Nevertheless it is still worth going to especially to catch a glimpse of the beautif...
Norrmalm is the major commercial district of the city with plenty of shops and is a great place to shop for pretty much anything. ...