EXPECTED NUMBER OF F&B OUTLETS IN SAUDI ARABIA 2016 PDF



Expected Number Of F&b Outlets In Saudi Arabia 2016 Pdf

Saudi Arabia Retail Foods 2015 apps.fas.usda.gov. Saudi Arabia spend around $70 billion food consumption in Saudi Arabia. Halal Food Market is expected to reach $ 6 billion. The total number of food retail outlets is projected to reach about 50,000 by 2019., retail trade outlets, such as supermarkets and convenience stores, which can carry a wider range of refrigerated products. As a result, value-added products proliferate at this middle stage in a country’s development. In the GCC, Kuwait and Saudi Arabia are emerging markets, with other GCC members not far ….

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Middle East Saudi Arabia — The World Factbook - Central. Saudi Arabia spend around $70 billion food consumption in Saudi Arabia. Halal Food Market is expected to reach $ 6 billion. The total number of food retail outlets is projected to reach about 50,000 by 2019., According to data from Fitch Ratings, over two years starting from May 2016 Saudi Arabia went from having zero debt to raising $68 billion in dollar-denominated bonds and syndicated loans—one of the fastest rates among emerging economies. Each year, about a quarter-million young Saudis ….

Saudi Arabia’s state censors control all publications ensuring they are in line with sharia law. Painting, folk art and sculpture are also popular in Saudi Arabia although paintings of people are considered practiced against Islamic teaching. Traditional dancing with swords is a very common sight at celebrations and events. "Rising investments in the T&D networks expected to drive GCC protective relay market" The GCC protective relay market size was valued at USD 237.7 million in 2015 and is expected to witness growth at a CAGR of 5.4% over the forecast period. Saudi Arabia Protective Relay Market, By End-Use, 2010 - 2024 (USD Million)

Arabian Oud Co continues to lead fragrances in Saudi Arabia primarily due to its large number of retail outlets, ongoing promotional campaigns, and diverse product range. Arabian Oud Co is continuously opening new branches and renovating old stores, as well as expanding its online presence through its e-commerce website and other key online retailers like souq. 22.04.2018 · JEDDAH: Saudi Arabia will be one of the most attractive countries for tourism because of its location, its unique tourist and historic elements and its hospitable and welcoming people, said Prince Sultan bin Salman. Prince Sultan, who is president of the Saudi Commission for Tourism and National

22.04.2018 · JEDDAH: Saudi Arabia will be one of the most attractive countries for tourism because of its location, its unique tourist and historic elements and its hospitable and welcoming people, said Prince Sultan bin Salman. Prince Sultan, who is president of the Saudi Commission for Tourism and National populous country in the GCC, Saudi Arabia has the highest demand share in the total F&B market, with more than 30,000 food outlets. Figure 1: The GCC F&B market by number of outlets under each category (2015) 43.3% 33.7% 22.8% QSR/Fast Foods Cafes and Bakeries Full Service Restaurants US$ 21.9 Bn Source: Euromonitor, Ardent Advisory

The Saudi-led intervention in Yemen, also called the Arab coalition (Arabic: التحالف العربي ‎), is an intervention launched by Saudi Arabia in 2015, leading a coalition of nine countries from West Asia and Africa, in response to calls from the internationally recognized pro-Saudi president of … The F&B market is extremely dynamic, with increasingly discerning consumers. Some F&B businesses have been forced to make tough— though much-needed—decisions, for example to close poorer performing outlets, and some have exited brands which struggled in the local market. While restauranteurs have worked to improve certain aspects of their

JEDDAH: Passenger traffic at King Abdul Aziz International Airport (KAIA) set a new record in 2017. The number reached 34 million passengers, rising by 9.4 percent compared with 2016, in which there were 31 million. The statistical report of KAIA revealed that flight traffic in 2017 witnessed a growth of 3.46 percent in 2017 compared with 2016. retail trade outlets, such as supermarkets and convenience stores, which can carry a wider range of refrigerated products. As a result, value-added products proliferate at this middle stage in a country’s development. In the GCC, Kuwait and Saudi Arabia are emerging markets, with other GCC members not far …

purchasing power is expected to increase, and with it, more Egyptians will be able to purchase imported food products. According to the Economist Intelligence Unit, food, beverage and tobacco sales in 2016 were estimated at US $92 billion, or approximately US $999 per capita. That number is expected to rise to US $114 billion by 2020. Saudi Arabia’s retail food market continues its rapid growth, with several leading Saudi as well as international retailers expanding operation in response to strong competition and rapidly changing consumers’ preferences. In 2014, the number of food retail outlets in Saudi Arabia was estimated at 42,378, an increase of 2.2 percent from 2013.

22.11.2018 · Market update: Saudi Arabia's hospitality sector is booming Bolstered by easing visa restrictions and new entertainment developments, hoteliers are … Saudi Arabia is expected to have a SAR 221 billion In 2014, the total number of food retail outlets in Saudi Arabia was estimated by Euromonitor at 42, Saudi Arabia Food Retail Market 2016-2020 - Saudi Arabia Imports About 80% of its Food Requirements, Worth Approx $24 Billion.

SAUDI ARABIA Knight Frank

expected number of f&b outlets in saudi arabia 2016 pdf

Saudi Arabia Franchising export.gov. Saudi Arabia is expected to have a SAR 221 billion In 2014, the total number of food retail outlets in Saudi Arabia was estimated by Euromonitor at 42, Saudi Arabia Food Retail Market 2016-2020 - Saudi Arabia Imports About 80% of its Food Requirements, Worth Approx $24 Billion., Number of outlets The UAE’s food & beverage market 2015 2020 2015 2020 16,234 19,053 52,399 81,960 1.2x 1.6x Source: Euromonitor Although the overall market outlook may be positive, these are challenging times for F&B businesses. Most operators we spoke to, which includes some of the largest F&B brands in the UAE, have been affected by.

Saudi Arabia Franchising export.gov. Saudi Arabia is the largest retail market in the Gulf with an estimated 83 percent of the population living in urban areas, where most of franchise outlets are located. The franchise market in Saudi Arabia has witnessed remarkable growth in the past decade with many successful American, European and local franchise concepts taking root., According to data from Fitch Ratings, over two years starting from May 2016 Saudi Arabia went from having zero debt to raising $68 billion in dollar-denominated bonds and syndicated loans—one of the fastest rates among emerging economies. Each year, about a quarter-million young Saudis ….

UAE 2018 Food & Beverage report

expected number of f&b outlets in saudi arabia 2016 pdf

Overview Poverty in Saudi Arabia. 4 It’s now six years since the Arab Spring, a period which shone a light on the rise of social media in the Middle East and North Africa (MENA).1 Since then, the region has continued to undergo a … Saudi Arabia is the largest retail market in the Gulf with an estimated 83 percent of the population living in urban areas, where most of franchise outlets are located. The franchise market in Saudi Arabia has witnessed remarkable growth in the past decade with many successful American, European and local franchise concepts taking root..

expected number of f&b outlets in saudi arabia 2016 pdf


Purchase the Tobacco in Saudi Arabia country report as part of our tobacco market research for July 2019. Euromonitor International is the leading provider of strategic market research reports. Access to the internet continued to be a challenge for Sudanese citizens in 2015-2016 as a result of economic challenges, increasing costs, and declining quality of services. Mobile phone penetration declined slightly from the previous year, while technical issues with submarine cables disrupted internet access for a number of subscribers.

Saudi Arabia is the largest retail market in the Gulf with an estimated 83 percent of the population living in urban areas, where most of franchise outlets are located. The franchise market in Saudi Arabia has witnessed remarkable growth in the past decade with many successful American, European and local franchise concepts taking root. purchasing power is expected to increase, and with it, more Egyptians will be able to purchase imported food products. According to the Economist Intelligence Unit, food, beverage and tobacco sales in 2016 were estimated at US $92 billion, or approximately US $999 per capita. That number is expected to rise to US $114 billion by 2020.

Number of outlets The UAE’s food & beverage market 2015 2020 2015 2020 16,234 19,053 52,399 81,960 1.2x 1.6x Source: Euromonitor Although the overall market outlook may be positive, these are challenging times for F&B businesses. Most operators we spoke to, which includes some of the largest F&B brands in the UAE, have been affected by not, however, support Saudi Arabia’s sizable migrant worker community, nor does it target the increasing number of Saudis attempting to enter a tight job market. To address the housing crisis, in 2011, the government reportedly earmarked 67 billion USD to construct 500,000 homes in

Saudi Arabia is the largest retail market in the Gulf with an estimated 83 percent of the population living in urban areas, where most of franchise outlets are located. The franchise market in Saudi Arabia has witnessed remarkable growth in the past decade with many successful American, European and local franchise concepts taking root. 4 It’s now six years since the Arab Spring, a period which shone a light on the rise of social media in the Middle East and North Africa (MENA).1 Since then, the region has continued to undergo a …

c) More Retail Outlets: In 2016, the total number of food retail outlets in Saudi Arabia was estimated at 43,987, an increase of approximately 2.3 percent over 2015 (Euromonitor). The total number of food retail outlets is projected to reach more than 47,509 by 2020, an increase of approximately 8 percent over 2016. 11.09.2017 · The food industry in Saudi Arabia, the largest economy in the Arab world, is expected to grow at a compound annual growth rate of 5.9 per cent from 2016 to 2020, driven by chocolate confectionery, frozen foods, chilled processed foods and snacks, according to the consultants Frost & …

"Rising investments in the T&D networks expected to drive GCC protective relay market" The GCC protective relay market size was valued at USD 237.7 million in 2015 and is expected to witness growth at a CAGR of 5.4% over the forecast period. Saudi Arabia Protective Relay Market, By End-Use, 2010 - 2024 (USD Million) Saudi Arabia’s state censors control all publications ensuring they are in line with sharia law. Painting, folk art and sculpture are also popular in Saudi Arabia although paintings of people are considered practiced against Islamic teaching. Traditional dancing with swords is a very common sight at celebrations and events.

expected number of f&b outlets in saudi arabia 2016 pdf

Saudi Arabia’s state censors control all publications ensuring they are in line with sharia law. Painting, folk art and sculpture are also popular in Saudi Arabia although paintings of people are considered practiced against Islamic teaching. Traditional dancing with swords is a very common sight at celebrations and events. Comprehensive Guide to Dubai News, Abu Dhabi, Middle East Business & Gulf Industry News including,Banking & Finance,Construction,Energy,Media & Marketing, Real Estate

SOCIAL MEDIA IN THE MIDDLE EAST

expected number of f&b outlets in saudi arabia 2016 pdf

Individual Tawuniya. In April 2016, the Saudi Government announced a broad set of socio-economic reforms, known as Vision 2030. Low global oil prices throughout 2015 and 2016 significantly lowered Saudi Arabia’s governmental revenue. In response, the government cut subsidies This entry gives the number of square kilometers of land area that is artificially, Rotana is the closest competitor with almost 7 percent as SoA and around 13 percent of all revenues. Lebanon is considered the least concentrated market where the top 10 channels account for 21 percent as SoA. Saudi Arabia is the most concentrated with the top ….

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irp-cdn.multiscreensite.com. Saudi Arabia. Nessma United Ltd. is the franchise company operating all Jollibee branches in Saudi Arabia. The first branch opened by the franchise company was at the Jeddah International Market in 2008. By December 2016 there are 12 Jollibee branches in the kingdom with presence in the cities of Al Khobar Jeddah, Jubail, Riyadh, Taif and Yanbu., The F&B market is extremely dynamic, with increasingly discerning consumers. Some F&B businesses have been forced to make tough— though much-needed—decisions, for example to close poorer performing outlets, and some have exited brands which struggled in the local market. While restauranteurs have worked to improve certain aspects of their.

Saudi Arabia Industry Sectors: Oil and Gas. Saudi Arabia will account for 20.83% of the Middle Eastern regional oil demand by 2013, while providing 39.45% of the supply. Oil use is expected to increase to 12.17 million b/d by 2013, while oil production is expected to rise to 28.01 million b/d by 2013. According to data from Fitch Ratings, over two years starting from May 2016 Saudi Arabia went from having zero debt to raising $68 billion in dollar-denominated bonds and syndicated loans—one of the fastest rates among emerging economies. Each year, about a quarter-million young Saudis …

purchasing power is expected to increase, and with it, more Egyptians will be able to purchase imported food products. According to the Economist Intelligence Unit, food, beverage and tobacco sales in 2016 were estimated at US $92 billion, or approximately US $999 per capita. That number is expected to rise to US $114 billion by 2020. The Saudi-led intervention in Yemen, also called the Arab coalition (Arabic: التحالف العربي ‎), is an intervention launched by Saudi Arabia in 2015, leading a coalition of nine countries from West Asia and Africa, in response to calls from the internationally recognized pro-Saudi president of …

MARKETING AND SALES STRATEGY. There are very good prospects for companies who want to export their products to the Saudi Arabian market. However, there are certain marketing procedures and sales techniques which have to be observed in order to develop and … Saudi Arabia’s state censors control all publications ensuring they are in line with sharia law. Painting, folk art and sculpture are also popular in Saudi Arabia although paintings of people are considered practiced against Islamic teaching. Traditional dancing with swords is a very common sight at celebrations and events.

Comprehensive Guide to Dubai News, Abu Dhabi, Middle East Business & Gulf Industry News including,Banking & Finance,Construction,Energy,Media & Marketing, Real Estate Saudi Arabia’s retail food market continues its rapid growth, with several leading Saudi as well as international retailers expanding operation in response to strong competition and rapidly changing consumers’ preferences. In 2014, the number of food retail outlets in Saudi Arabia was estimated at 42,378, an increase of 2.2 percent from 2013.

Download the 2016 UNWTO Annual Report to learn more about what we did to promote and advance tourism’s contribution to sustainable development and inclusive economic growth in destinations around the world in 2016. Comprehensive Guide to Dubai News, Abu Dhabi, Middle East Business & Gulf Industry News including,Banking & Finance,Construction,Energy,Media & Marketing, Real Estate

22.04.2018 · JEDDAH: Saudi Arabia will be one of the most attractive countries for tourism because of its location, its unique tourist and historic elements and its hospitable and welcoming people, said Prince Sultan bin Salman. Prince Sultan, who is president of the Saudi Commission for Tourism and National Number of outlets The UAE’s food & beverage market 2015 2020 2015 2020 16,234 19,053 52,399 81,960 1.2x 1.6x Source: Euromonitor Although the overall market outlook may be positive, these are challenging times for F&B businesses. Most operators we spoke to, which includes some of the largest F&B brands in the UAE, have been affected by

31st May 2016. Mr. Raeed Al-Tamimi, Chairman of the General Committee for Insurance Companies and CEO of the Company for Cooperative Insurance (Tawuniya), has confirmed that during the last 5 years, the number of Saudi nationals working in the Kingdom’s insurance sector has increased by 44%, from 3,962 workers in 2011 to 5,706 workers in 2015. SAUDI ARABIA COMMERCIAL MARKET REVIEW Q1 2017 2016 however this is expected to increase over the next 12 to 24 months as more space is delivered to the market. supply completions throughout the year as a number of developers adopted a wait and see approach throughout 2016.

Saudi Arabia. Nessma United Ltd. is the franchise company operating all Jollibee branches in Saudi Arabia. The first branch opened by the franchise company was at the Jeddah International Market in 2008. By December 2016 there are 12 Jollibee branches in the kingdom with presence in the cities of Al Khobar Jeddah, Jubail, Riyadh, Taif and Yanbu. Arabian Oud Co continues to lead fragrances in Saudi Arabia primarily due to its large number of retail outlets, ongoing promotional campaigns, and diverse product range. Arabian Oud Co is continuously opening new branches and renovating old stores, as well as expanding its online presence through its e-commerce website and other key online retailers like souq.

Saudi Arabia Industry Sectors: Oil and Gas. Saudi Arabia will account for 20.83% of the Middle Eastern regional oil demand by 2013, while providing 39.45% of the supply. Oil use is expected to increase to 12.17 million b/d by 2013, while oil production is expected to rise to 28.01 million b/d by 2013. Saudi Telecom is a leading provider of technology services required for businesses and organizations worldwide. Explore more at stc.com.s

populous country in the GCC, Saudi Arabia has the highest demand share in the total F&B market, with more than 30,000 food outlets. Figure 1: The GCC F&B market by number of outlets under each category (2015) 43.3% 33.7% 22.8% QSR/Fast Foods Cafes and Bakeries Full Service Restaurants US$ 21.9 Bn Source: Euromonitor, Ardent Advisory New Projects from Construction, Power & Energy, Oil & Gas, Infrastructure in Saudi Arabia.

populous country in the GCC, Saudi Arabia has the highest demand share in the total F&B market, with more than 30,000 food outlets. Figure 1: The GCC F&B market by number of outlets under each category (2015) 43.3% 33.7% 22.8% QSR/Fast Foods Cafes and Bakeries Full Service Restaurants US$ 21.9 Bn Source: Euromonitor, Ardent Advisory "Rising investments in the T&D networks expected to drive GCC protective relay market" The GCC protective relay market size was valued at USD 237.7 million in 2015 and is expected to witness growth at a CAGR of 5.4% over the forecast period. Saudi Arabia Protective Relay Market, By End-Use, 2010 - 2024 (USD Million)

not, however, support Saudi Arabia’s sizable migrant worker community, nor does it target the increasing number of Saudis attempting to enter a tight job market. To address the housing crisis, in 2011, the government reportedly earmarked 67 billion USD to construct 500,000 homes in SAUDI ARABIA COMMERCIAL MARKET REVIEW Q1 2017 2016 however this is expected to increase over the next 12 to 24 months as more space is delivered to the market. supply completions throughout the year as a number of developers adopted a wait and see approach throughout 2016.

Kingdom of Saudi Arabia Air Ambulance Market Industry

expected number of f&b outlets in saudi arabia 2016 pdf

Saudi Arabia Food Processing Ingredients 2018. Saudi Arabia is the largest retail market in the Gulf with an estimated 83 percent of the population living in urban areas, where most of franchise outlets are located. The franchise market in Saudi Arabia has witnessed remarkable growth in the past decade with many successful American, European and local franchise concepts taking root., Download the 2016 UNWTO Annual Report to learn more about what we did to promote and advance tourism’s contribution to sustainable development and inclusive economic growth in destinations around the world in 2016..

SOCIAL MEDIA IN THE MIDDLE EAST

expected number of f&b outlets in saudi arabia 2016 pdf

Saudi Arabia Culture Etiquette and Business Practices. Saudi Arabia’s retail food market continues its rapid growth, with several leading Saudi as well as international retailers expanding operation in response to strong competition and rapidly changing consumers’ preferences. In 2014, the number of food retail outlets in Saudi Arabia was estimated at 42,378, an increase of 2.2 percent from 2013. Rotana is the closest competitor with almost 7 percent as SoA and around 13 percent of all revenues. Lebanon is considered the least concentrated market where the top 10 channels account for 21 percent as SoA. Saudi Arabia is the most concentrated with the top ….

expected number of f&b outlets in saudi arabia 2016 pdf


22.04.2018 · JEDDAH: Saudi Arabia will be one of the most attractive countries for tourism because of its location, its unique tourist and historic elements and its hospitable and welcoming people, said Prince Sultan bin Salman. Prince Sultan, who is president of the Saudi Commission for Tourism and National Expansion of Retail Food Outlets: Urbanization in Saudi Arabia has increased the number of modern retail channels, mainly hypermarkets and supermarkets, throughout the Kingdom. According to recent data, the combined number of hypermarkets and supermarkets outlets increased by more than threefold from 300 in 2004 to more than 1,000 in 2015.

retail trade outlets, such as supermarkets and convenience stores, which can carry a wider range of refrigerated products. As a result, value-added products proliferate at this middle stage in a country’s development. In the GCC, Kuwait and Saudi Arabia are emerging markets, with other GCC members not far … not, however, support Saudi Arabia’s sizable migrant worker community, nor does it target the increasing number of Saudis attempting to enter a tight job market. To address the housing crisis, in 2011, the government reportedly earmarked 67 billion USD to construct 500,000 homes in

reasons for the dominance of bakalas in Saudi Arabia, another reason is that as women in Saudi Arabia are not allowed to drive, they naturally have a preference for the neighborhood bakalas over the hypermarkets and supermarkets that are more centrally located and require travelling. One of the major reasons for the emergence of Saudi Arabia Industry Sectors: Oil and Gas. Saudi Arabia will account for 20.83% of the Middle Eastern regional oil demand by 2013, while providing 39.45% of the supply. Oil use is expected to increase to 12.17 million b/d by 2013, while oil production is expected to rise to 28.01 million b/d by 2013.

Arabian Oud Co continues to lead fragrances in Saudi Arabia primarily due to its large number of retail outlets, ongoing promotional campaigns, and diverse product range. Arabian Oud Co is continuously opening new branches and renovating old stores, as well as expanding its online presence through its e-commerce website and other key online retailers like souq. Send E-mail to TSN@The-Saudi.Net with questions or comments about The Saudi Network. 1001 Arabian Network, Alrashid Cyber Mall and The Saudi Network are members of Nova* Stars* Information Services The Saudi Network, Trade and business information and links to Saudi Arabia, Arabian …

The F&B market is extremely dynamic, with increasingly discerning consumers. Some F&B businesses have been forced to make tough— though much-needed—decisions, for example to close poorer performing outlets, and some have exited brands which struggled in the local market. While restauranteurs have worked to improve certain aspects of their Retail Industry in GCC countries - Major trends, Growth and Opportunities (2016 - 2021) Standing of UAE during the period is most optimistic, with an expected CAGR of 9.78% followed by Saudi Arabia with a CAGR of 7.1%. Other GCC nations are expected to register a CAGR of 6% – 7%.

We have a number of opportunities for healthcare service providers. The Kingdom of Saudi Arabia with a current estimated population of approximately 32.6 million is the largest country which is expected to double, reaching 77.2 million by 2050, growing at 2.65% per annum. Saudi Arabia spend around $70 billion food consumption in Saudi Arabia. Halal Food Market is expected to reach $ 6 billion. The total number of food retail outlets is projected to reach about 50,000 by 2019.

We have a number of opportunities for healthcare service providers. The Kingdom of Saudi Arabia with a current estimated population of approximately 32.6 million is the largest country which is expected to double, reaching 77.2 million by 2050, growing at 2.65% per annum. the country’s retail business. At least 65% of tourists arrive from Saudi . Arabia, accounting for a dominant revenue share of retail business. As a result, the sector is vulnerable to upcoming transformations in Saudi Arabia, such as the liberalization of the tourism visa regime,

c) More Retail Outlets: In 2016, the total number of food retail outlets in Saudi Arabia was estimated at 43,987, an increase of approximately 2.3 percent over 2015 (Euromonitor). The total number of food retail outlets is projected to reach more than 47,509 by 2020, an increase of approximately 8 percent over 2016. 11.09.2017 · The food industry in Saudi Arabia, the largest economy in the Arab world, is expected to grow at a compound annual growth rate of 5.9 per cent from 2016 to 2020, driven by chocolate confectionery, frozen foods, chilled processed foods and snacks, according to the consultants Frost & …

populous country in the GCC, Saudi Arabia has the highest demand share in the total F&B market, with more than 30,000 food outlets. Figure 1: The GCC F&B market by number of outlets under each category (2015) 43.3% 33.7% 22.8% QSR/Fast Foods Cafes and Bakeries Full Service Restaurants US$ 21.9 Bn Source: Euromonitor, Ardent Advisory not, however, support Saudi Arabia’s sizable migrant worker community, nor does it target the increasing number of Saudis attempting to enter a tight job market. To address the housing crisis, in 2011, the government reportedly earmarked 67 billion USD to construct 500,000 homes in

Expansion of Retail Food Outlets: Urbanization in Saudi Arabia has increased the number of modern retail channels, mainly hypermarkets and supermarkets, throughout the Kingdom. According to recent data, the combined number of hypermarkets and supermarkets outlets increased by more than threefold from 300 in 2004 to more than 1,000 in 2015. Saudi Arabia’s retail food market continues its rapid growth, with several leading Saudi as well as international retailers expanding operation in response to strong competition and rapidly changing consumers’ preferences. In 2014, the number of food retail outlets in Saudi Arabia was estimated at 42,378, an increase of 2.2 percent from 2013.

11.09.2017 · The food industry in Saudi Arabia, the largest economy in the Arab world, is expected to grow at a compound annual growth rate of 5.9 per cent from 2016 to 2020, driven by chocolate confectionery, frozen foods, chilled processed foods and snacks, according to the consultants Frost & … Saudi Arabia spend around $70 billion food consumption in Saudi Arabia. Halal Food Market is expected to reach $ 6 billion. The total number of food retail outlets is projected to reach about 50,000 by 2019.

4 It’s now six years since the Arab Spring, a period which shone a light on the rise of social media in the Middle East and North Africa (MENA).1 Since then, the region has continued to undergo a … retail trade outlets, such as supermarkets and convenience stores, which can carry a wider range of refrigerated products. As a result, value-added products proliferate at this middle stage in a country’s development. In the GCC, Kuwait and Saudi Arabia are emerging markets, with other GCC members not far …

JEDDAH: Passenger traffic at King Abdul Aziz International Airport (KAIA) set a new record in 2017. The number reached 34 million passengers, rising by 9.4 percent compared with 2016, in which there were 31 million. The statistical report of KAIA revealed that flight traffic in 2017 witnessed a growth of 3.46 percent in 2017 compared with 2016. 31st May 2016. Mr. Raeed Al-Tamimi, Chairman of the General Committee for Insurance Companies and CEO of the Company for Cooperative Insurance (Tawuniya), has confirmed that during the last 5 years, the number of Saudi nationals working in the Kingdom’s insurance sector has increased by 44%, from 3,962 workers in 2011 to 5,706 workers in 2015.

The Kingdom of Saudi Arabia air ambulance market size was estimated at USD 60.2 million in 2016 and is estimated to expand at a CAGR of 10.4% over the forecast period. Increasing per capita healthcare expenditure and rising prevalence of chronic diseases are projected to boost market growth.In 2014, the per capita healthcare expenditure in the Arabian Oud Co continues to lead fragrances in Saudi Arabia primarily due to its large number of retail outlets, ongoing promotional campaigns, and diverse product range. Arabian Oud Co is continuously opening new branches and renovating old stores, as well as expanding its online presence through its e-commerce website and other key online retailers like souq.

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