WorldWatchReport™ Featured in Forbes Middle East
July-August 2013 Issue – According to luxury watch experts, the WorldWatchReport™, Saudi Arabia ranks amongst the top 20 export markets for luxury watches. The country lays in 19th place, hot on the heels of the UAE in 18th place and one spot ahead of Qatar. Meanwhile, though the Saudi market experienced weak growth of -18% from 2011 to 2012, sub-par performance which also applies to the region at large, does not spell disaster. “The drop is artificial…on the basis that between 2010 and 2012, a certain number of brands opened mono-brand boutiques in the region,” explains Omar Chaoui, General Manager …