Now is the time to be bold’, Emaar chairman Alabbar tells UAE retailers – The National

Now is the time to be bold’, Emaar chairman Alabbar tells UAE retailers – The National

'Now is the time to be bold', Emaar chairman Alabbar tells UAE retailers. Retailers in the UAE need to be 'bold', accelerate the diversification of their businesses and enhance their digital capabilities, as the country's economy slowly emerges from a pandemic-inflicted slowdown, the chairman of Emaar Properties said.. Malls in the country have opened at reduced capacity.. The Dubai Mall has now re-opened along with many of its entertainment activities, it is important for Emaar to work closely with its partners to navigate through the months ahead, Mr Alabbar told the retail sector representatives during the conference call.. "We have been listening and learning from retailers, so we can continue to lead in the right way, as our partners," he said.. Mall operators including Emaar, who traditionally relied on customers' foot fall to drive business, are now looking to digitise operations to adapt to the new environment and compete with e-commerce giants like Amazon.. During the one-month closure of shopping malls between March 25 and April 25, some mall operators have helped stores migrate online.. Emaar Malls, set up a virtual Dubai Mall on noon.com and Majid Al Futtaim rolled out an online marketplace through carrefouruae.com.. Dubai Future Foundation on