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Passages and West Asian shopping centers that are suitable for foreign investment

THE SHOPPING CENTER INDUSTRY IS CHANGING

In West Asia, a few countries that are suitable for investing in commercial real estate (malls, arcades and shops) are:The United Arab Emirates, especially cities such as Dubai and Abu Dhabi, are known as international business and tourism centers

The large shopping centers of the Middle East have large and crowded markets

The large shopping centers of the Middle east have large and crowded markets. This means more customers and higher sales opportunities. These shopping centers include international stores and famous brands. This allows foreign investors to rent commercial space in these shopping centers and introduce their brands to local customers. In addition to stores, large shopping centers in the Middle East also offer other facilities and services, including restaurants, cinemas, clubs, gardens, etc. These facilities and services improve the shopping and entertainment experience of users and provide foreign investors with more diverse business opportunities.

The shopping center industry is changing. To compete in the market and attract customers, shopping centers must respond to innovation and rapid changes. This may require investment and proportionate changes that may pose challenges for foreign investors. Any foreign investment naturally comes with political and economic risks. Political changes, changes in laws and regulations, economic fluctuations and currency value can affect investment in foreign shopping centers. In West Asia, a few countries that are suitable for investing in commercial real estate (malls, arcades and shops) are:

  1. The United Arab Emirates, especially cities such as Dubai and Abu Dhabi, are known as international business and tourism centers. These countries have excellent infrastructure, advanced transportation system, suitable commercial and financial facilities and dynamic markets.
  2. Saudi Arabia, with its large population and powerful economy, is known as a large and dynamic market in the Middle East region. Cities such as Riyadh and Jeddah have large shopping centers and arcades that offer investors valuable opportunities in commercial real estate.
  3. Qatar, especially its capital, Doha, is known as a financial and commercial center in the Persian Gulf. With the development of modern infrastructure, advanced transportation system and diverse markets, this country has the attraction of investing in commercial real estate.
  4. Amman, the capital of Oman and one of the main cities of Oman, is famous as a commercial and tourist center. Due to economic growth and business organization policies, there is an opportunity to invest in commercial real estate in this country.
  5. Despite the economic problems in recent years, the trade and retail sector in Lebanon is still active. Cities like Beirut have shopping malls and arcades that are attractive for commercial real estate investment.

Malls and arcades attract a large number of customers due to the attractiveness and variety of stores. Presence in these places allows foreign companies to reach more customers and thus increase their sales and income. Presence in shopping centers gives foreign companies the opportunity to establish direct contact with customers. This direct communication can help companies better understand the needs and desires of customers and improve their products and services based on them. Large shopping centers in the Middle East usually face fierce competition. This means the presence of similar and direct and indirect competitive brands that may reduce the company's revenue and market share.

To invest in the large shopping centers of the Middle East, there are high costs to enter and attend these places. This includes space rental cost, equipment cost, advertising cost and maintenance and repair cost. These costs may be large for foreign investors. Every country and city has specific rules and regulations about investment and construction. Foreign investors should familiarize themselves with the local laws and ensure that they can operate legally and safely in these shopping centers by observing these laws and regulations. In the Middle East countries, some famous and large shopping centers that are suitable for foreign investment are:

  • The Dubai Mall is the largest shopping center in the world and is located in the heart of Dubai. It has an area of ​​more than 1200,000 square meters and includes more than 1200 shops, restaurants, cinemas and other facilities. Attracting millions of local and foreign visitors annually, the mall offers many commercial real estate investment opportunities.
  • Mall of the Emirates is one of the most important shopping centers in Dubai. With an area of ​​more than 650,000 square meters, the complex includes top international stores, e-commerce, cinemas and luxury hotels. Mall Avenue is known as a famous tourist destination and place for shopping and entertainment.
  • Emirates Mall is located in Riyadh, the capital of Saudi arabia , and is known as one of the famous shopping centers in the Middle East. With an area of ​​more than 360,000 square meters, Amiral includes famous international stores, restaurants, cinema and other entertainment facilities.
  • Al Abdali Mall is located in the heart of Amman and is considered one of the most important shopping centers in Jordan . With an area of ​​more than 130,000 square meters, Al Abdali includes famous brand stores, restaurants, cinemas and other commercial spaces.
  • Al Hamra Mall is located in Doha, the capital of Qatar , and is known as one of the most important shopping centers in the Middle East. This complex has an area of ​​more than 71,000 square meters and includes famous brand stores, restaurants, cinema and entertainment facilities.

Presence in shopping malls and arcades allows foreign companies to access new markets and local customers. These malls serve as popular shopping destinations for local people and offer foreign investors an opportunity to promote and sell their products. Presence in famous shopping malls allows foreign companies to enjoy a sign of power. Being in a reliable and popular place gives customers confidence and makes foreign companies to be considered as a reliable and quality brand.

Presence in shopping malls and arcades creates an opportunity for foreign companies to connect with other local merchants and producers and expand the cooperation network. This cooperation network can help companies in sourcing raw materials, distributing products and obtaining market information. Malls and arcades often serve as popular entertainment and business venues for locals. A presence in these locations allows foreign companies to improve the customer experience. They can act as point of sale, showroom, agency or customer service center and provide better services to customers.

Ask Your Marketing Questions About West Asian Middle east West asian West asia Jordan Lebanon United arab emirates Saudi arabia Oman Qatar Garden Trade In West Asia

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