New Market Study Published: Saudi Arabia Consumer Electronics Report Q3 2012
BMI View: projects that Saudi consumer electronics spending will grow by about 7% in US dollar terms during 2012, Youthful population demographics, a regional economic boom and a buoyant real estate sector will all drive retail growth. In 2012, wake hikes and government largesse should continue to provide a boon for consumer electronics sales. Demand will be supported by a favourable trading environment with Saudi King Abdullah's US$93bn in handouts, including wage increases, supporting spending on big-ticket lifestyle products such...
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