GCC. The retail sector will grow by 4% annually

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“In Saudi Arabia, the retail sector will rebound,” said Patrick Chalhoub, C.E.O. of the Chalhoub Group, during an interview with Arabian Business. “There is a real change in this country of 33 million. Saudi women are now working”. This move will encourage spending in the luxury and beauty sectors. According to Chalhoub, (who represents high-end fashion, beauty and lifestyle retailers in the Middle East with 8,500 employees and stores in 14 countries), several factors

will contribute

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