Monday 23 May 2011

Dubai has ‘more than enough’ malls, says BinHendi - ArabianBusiness.com

Dubai cannot sustain any more mega-malls in an already glutted retail market, the head of one of the UAE’s largest retail conglomerates said Monday.

“[Dubai has] more than enough malls,” Mohi-Din BinHendi, president of BinHendi Enterprises, told the 4th Arabian Business Forum in Dubai.

“If anyone wants to add another mall, they need to visit a psychiatrist.”

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