DUBAI: The homages to Pharaonic Egypt, ice rinks and shark-filled aquariums in Dubai’s many malls still attract crowds, but retail in the Gulf Arab boomtown is looking fragile as luxury-lovers turn into bargain-hunters.
More than 40 malls in the region’s capital of consumerism stock everything from cheap Chinese imports to designer goods: their extravagant features are designed to lure tourists who account for a significant chunk of business.
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