Source: Al Bayan

A Remarkable Increase in Mall Openings in New Urban Areas

Attracting Investment in Various Sectors, Including Real Estate, Retail, and Entertainment

Dubai, UAE:

The UAE is witnessing a significant increase in the opening of shopping malls across various regions, with the continued growth of the national economy and the expansion of new urban areas. New shopping malls are not only shopping destinations, but also places for entertainment and community activities, contributing to the enhancement of local economy.

A number of experts confirmed to the media that the expansion of shopping malls in new areas encourages investment in various sectors, including real estate, retail, and entertainment.

The experts indicated that the expansion of shopping malls enhances the UAE’s position as a leading global commercial and tourism destination.

Mr. Mohamed Al Hashemi, CEO of Union Coop, believes that the expansion of the popular retailer across Dubai reflects our commitment to enhancing our contribution to the economy and providing integrated services that keep pace with modern developments and meet consumer aspirations. He emphasized that Union Coop operates according to a strategic vision aimed at expanding its geographical reach to various residential areas, meeting the needs of residents of all cultures, making it easier for community members to fulfil their daily needs, while maintaining high standards.

Mr. Al Hashemi pointed out Union Coop’s commitment to introducing innovative concepts and new services to the retail sector, enhancing the shopping experience and keeping pace with the renaissance witnessed across the emirates in various fields.