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Dubai shopping spree stalls, retailers tighten belts

Dubai : United Arab Emirates | about 1 month ago
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Some big Dubai retailers, accustomed to giddy spending in the Gulf Arab tax-free haven, are grappling with a drop in sales as consumers worry about the impact of the global financial crisis on their wallets. The Gulf has not been as heavily hit by the credit crisis as Europe and the United States, but the...

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