Saudi Arabia: 350 thousand women entered the workforce in the last 3 years
Lama Al Sulaiman, Board Member of Rolaco and Vice Chairwoman of Jeddah Chamber of Commerce talks about women participation in the Saudi Economy.
imported 2024-03-17 17:43:07
Lama Al Sulaiman, Board Member of Rolaco and Vice Chairwoman of Jeddah Chamber of Commerce talks about women participation in the Saudi Economy.
In 2013, RICEC was able to attract more than 1 million visitors, 3,200 exhibitors – 60% of whom were international exhibitors. As for the outlook, Alomran optimistically states: “We expect from now until 2017 to have growth of around 10 to 17%, mainly in Riyadh. There will be more projects happening and venues opening around the Kingdom. Overall, there will definitely be growth of over 10% here.”
Riyadh is the capital city and is one of the most important and populated cities in Saudi Arabia. We have more than 5 million people living in Riyadh. With the launch of the Riyadh International Convention and Exhibition Centre (RICEC) in 2009, the MICE sector started to grow more and more as this centre encouraged more people to come to Saudi Arabia for such purposes.
One of the pioneering companies in the business tourism segment is Riyadh International Convention and Exhibition Centre (RICEC). Business tourism is booming with the total revenue generated by conference and exhibition visitors to the Kingdom of Saudi Arabia in 2012, reaching USD 2.3 billion and 3.2 million exhibition and conferences visitors.
Riyadh Chamber of Commerce and Industry discusses Foreign Direct Investment (FDI). While foreign direct investment weakened to Saudi Arabia in 2013, the Kingdom remains the most attractive destination for foreign investment in the Arab world according to the United Nations Conference on Trade and Development (UNCTAD) and “World Investment Report 2013.”
Saudi Arabia ranked 26th in the ease of doing business, and it’s one of the easiest places to do business in the Middle East while the UAE was 23rd. Riyadh Chamber of Commerce and Industry discusses doing business in Saudi Arabia from the perspective of the private sector.
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Doing business in Libya: General business outlook
Part of the Libyan business picture involves—among others—abound investments, with the state-owned Libya Africa Investment Portfolio (LAP) having an estimated $5 billion in assets, thought the fair value amount is still being estimated.
Mohamed Raied, Chairman of Al-Naseem Food Industries
“Everyone knows it was difficult for 40 years, especially difficult for the private sector in Libya. I had started with a food stuff trade in 1989 on a small scale with one shop in Misrata, then had an ice cream factory in 1993 and first I had only a basic ice cream machine that would produce 2,000 pieces/cups,” recalls Mohamed Raied. Today, Al Naseem is trying to be number one in Libya in producing dairy products.
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Libyan infrastructure sector to meet local demands and set conditions for foreign businesses
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Ahmed Maiteeg, General Manager of Thobacts Hotel and Managing Director of DAA Construction & Engineeringg
Ahmed Maiteeg is a successful Libyan businessman. The main advantage of the company’s hotels in Tripoli is the staff; they are very friendly and kind and they treat people as though they were guests in their own homes. The group focuses on business hospitability and provides excellent services for business travellers to Tripoli. Apart from the hospitability, Mr Maiteeg is also involved in the construction sector in Libya with the construction company DAA Construction & Engineering.