A report in Gulf News claimed that a deal by the retailer is '99 per cent sealed with only small details to clarify'. It added that it was unclear whether this would be a full-line department store or whether the retailer would opt for a variation on its upscale 102 convenience format.
However, a Harrods spokesman dismissed the news as speculation and said: 'Dubai is one of a handful of international opportunities that we are evaluating and we wouldn't be anywhere near deciding on a particular format.'
If a shop were to open, Harrods would be following in the footsteps of its competitor Harvey Nichols, which opened a store in Dubai's Mall of the Emirates earlier this year following a Dh100 million (£14.5 million) joint venture with the Al Tayer Group.
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