For many years, millennials were in the spotlight for brands and marketers. But as the next demographic block comes of age and their buying power increases in the workforce, Gen Z will be the main target for brands as their purchasing power increases and is expected to overtake millennials this year accounting for 32% of the global population.
The GCC has been hailed the “medical tourism capital of the world” as all its member countries ranked on a new global index of leading destinations to seek treatment.
As lockdowns begin to ease and employees start returning to work slowly, the ‘always on’ culture among employees remains prevalent, according to 92 percent of the participants of the second round of Cigna’s COVID-19 Global Impact Study.
Midway sales reports from the two-month Unbox Amazing promotion, organised by Retail Abu Dhabi, the retail sector platform of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), point to the seasonal shopping promotion spurring a retail rebound across the emirate.
The International Air Transport Association (IATA) released data for global air freight markets in July showing air cargo demand is stable but at lower levels than 2019. While there is some month-to-month improvement, it is at a slower pace than some of the traditional leading indicators would suggest. This is due to the capacity constraint from the loss of available belly cargo space as passenger aircraft remain parked.
Two interrelated trends have combined to shape and define demand for office space at the global and regional level in recent years - the increased demand for flexible offices, and the growth in remote working and working from home (WFH).
