Middle East Luxury Decline: Causes, Trends & 2026 Outlook
The Middle East luxury scene wasn’t just fading-it collapsed. Picture this: a private yacht docked in Abu Dhabi’s marina in 2023, packed with Rolex-watch buyers and gold-swipe transactions that cleared $500,000 per table. Now? The same yacht hosts corporate retreats with half the price tags and none of the old glamour. That’s not a blip-it’s […]
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