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Retail

Tourists fuel billions in retail spending

Retailers and Ramadan have always been fast friends, but this year the 'Ramadan rush' has seen an exceptional surge in retail sales. The figures in the UK could surpass 2.4 billion pounds in sales this summer, with Middle Eastern shoppers spending 59 percent more over Eid, according to card service processor Worldpay. The weaker sterling quashed...

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