UAE Apple stores: MoE, Yas Mall confirmed, claims source

The launch of two Apple stores in the UAE could be delayed.

The openings, that were originally scheduled for September, could be moved by a month or two, sources have confirmed.

The news comes amidst conflicting reports of ownership pattern of Apple’s retail business in the UAE.

According to sources involved in setting up the two stores, Apple has been pushing for completion at least by September.

Sources also confirmed to Emirates 24Z7 the two store locations.

“There will be no store in Dubai Mall. The only two stores are located in Yas Mall in Abu Dhabi and Mall of the Emirates. We have our men in both the locations,” the source said.

Commenting on the progress of work, the source said: “Apple has been pushing them  to complete the work by September. But the pace at which work is progressing, it is going to be challenging,” he said.

Read: Dubai Apple store in September?

Earlier media reports speculated that Apple will open the store by August 2015.

Meanwhile, media is abuzz with the ownership pattern of stores.

An initial report by Bloomberg said that Apple could be allowed to retain 100 per cent ownership of its retail operations.

Apple has two registered entities in the UAE, one at the Jebel Ali Free Zone, which is 100 per cent owned by Apple and another branch at Downtown Dubai.

Local media reports quoting the Ministry of Economy denied the Bloomberg report and said that all companies in the mainland have to follow existing local laws.

 

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