Retail a Dynamic Industry
IMT Dubai – Empowering your next move
The UAE retail industry is poised for solid growth over the next four years, owing to a lot of macro economic factors including non-oil sector boost, population boom, tourism and massive economic growth in the country, said a report.
Considering Arabian economies, UAE economy has witnessed spectacular growth in past few decades. This growth is majorly attributed to oil sector of the economy which not only contributes to national income but is also an important source of foreign direct investment (FDI), stated Ken Research in its latest publication on “The Future of Retailing in the UAE to 2020.”
Construction and tourism sector has also contributed to significant improvements in the economy. And in last three decades, retail sector has observed spectacular growth and development, said the report, which provides a snapshot of major retail sales and distribution channels gaining popularity in recent years.
The Retail Management concentration offered to the Bachelor students at IMT Dubai helps students with a practical know-how along with a theoretical understanding of retail management. It caters to the needs of the booming retail sector within the region and provides students with the appropriate knowledge and skills to take up responsibilities in various aspects of the retail industry.
According to Ken Research, the food and grocery sector received a maximum share of the industry. In today’s dynamic retail environment, we as a university understand the importance of innovative new strategies and ensure to improvise the program and train our students for the future of Retail in Dubai.
To help our students get there, we partner with big business hubs in the GCC and organize in company projects; internships and industry speaker who enlighten our students for current trends in the industry. We also make them corporate ready so that they can respond, and deliver the technology, solution, and expertise needed to stay one step ahead while staying in touch with constantly changing needs of the market.
March 8, 2018