Swiss watch imports to UAE growing


(MENAFN-Khaleej Times) Valued at 934

Cumulative 2013 figures released by the Federation of the Swiss Watch Industry have ranked the UAE as the primary Middle Eastern country to continue to factor in the top 10 list of importers of Swiss timepieces.


Valued at 934.1 million Swiss Francs, imports to the UAE are up 36 per cent since 2011 and nine per cent since 2012, reflecting the strengthening position of the UAE’s luxury retail market in 2013.


The UAE, followed by Saudi Arabia, Qatar and Kuwait were the leading watch markets among Middle Eastern markets.


Compiled from staff reports


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