Our malls are designed to attract a multitude of different clients, but are in form, fairly similar to each other. They differentiate through brand mix, in particular the local ‘Mom’s and Pop’s’ traders that add the local retail flair and diversity of product.Our target has been the Saudi family, which is indicative of the region, reflecting the majority of consumers. Jeddah and Al Khobar are more tourist- driven, although this tends to be local tourism, but with a ‘Pan Gulf’ flavour.
Saudi Arabia is undoubtedly the power house market in the Gulf Region. Despite the media drive behind the UAE, the size and growth of the indigenous population in Saudi ensures sustainable growth. The retail sector, both development and retail, continues to expand. The
blip of 2009 we need to put down to experience and focus on development as this market is far from saturated and offers significant opportunities. Our retail partners, in particular Al Hokair Fashion Retail, have been experiencing growth ahead of the Gulf Market, and are aggressively pursuing further expansion.
Our success lies in social awareness and development; we have been assisting
commercial and urban development in both primary and tertiary city developments,
along with new job creation and career development for our youth.
Our
progress, evolving retail landscape, is innovative and spirited. Advancing
beyond developing mere functional property space, our aspiration is to create
living, vibrant and integrated communities for shoppers and tenants alike. The
driving force and ultimate goal is to make all shopping malls owned and operated
by Arabian Centres, the undisputed destination of choice for retailers and
shoppers
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