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KSA’s GDP is currently 40% reliant on oil exports: Colliers International 

“In terms of the retail sector, Colliers unveiled that the everchanging retail landscape is showing no signs of steadying as demand emerges for new retail types” writes Nihal Samir for In retail, for example, millennials favour more experiential and lifestyle retail over conventional retail,” he added.Colliers revealed that in the next 10 years, the population of Saudi will grow by 5m to almost 40m, of which almost 70% will be under the age of 44.It also highlighted that the growth of regional websites such as and Amazon’s is catalysing the already increasing online purchases.

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