People stand in line for the grand opening of the Apple Store at a shopping mall in Dubai , United Arab Emirates, Thursday, Oct. 29, 2015. (AP Photo/Kamran Jebreili)
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Apple opened its first retail stores in the Arab world Thursday in the luxury malls of the United Arab Emirates, hoping to sell wealthy consumers on their new high-end smartwatches.Apple's two new stores, at Dubai's Mall of the Emirates and Abu Dhabi's Yas Mall, find themselves alongside other global luxury brands like Emporio Armani, Fendi and Burberry. The Apple stores in the Emirates have the sleek, modern look of many of the company's other 464 retail shops around the world.Microsoft Corp.'s Nokia mobile phones follow closely behind with a 31.5 percent share of the market while Apple ranks third with 14.2 percent.However, there have been reports Apple negotiated a 100 percent stake in its retail sales.Apple declined to say whether it had a local partner for its stores.
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