Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Businesswomen take expo-planning market by storm  Join our daily free Newsletter

MENAFN - Arab News - 25/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Saudi women have swept into the ever-expanding conference and expo-planning domain now owning around 35 percent of these organizational companies.

'we expect to witness significant growth in this market which is already expanding at a rate of more than 15 percent" said lamia al-ajaji owner of intilaq. 'such exhibitions are a marketing magnet for foreign companies wishing to promote their products in the area."

'i think women are overtaking men in this domain because they have better organizational skills" said al-ajaji.

'women have invested more than sr60 billion the saudi market which accounts for more than 20 percent of investments in the private sector. female participation is vital for enhancing the national economy. we have a lot of frozen wealth that must be activated and this is the perfect venue."

'we often face objections in holding our exhibitions from the commerce ministry" said al-anood al-fayez the owner of another such establishment.

'we have certain restrictions imposed on us such as being barred from engaging in buying or selling activity at the exhibition or face a sr10000 penalty."

'we are also forced to rent wedding halls or five-star hotels because there is no place for us to hold our exhibitions."

'another major problem we face is the lack of qualified saudi personnel" she said. 'the majority of companies in this sector are managed by foreign staff."

al-fayez suggests holding exhibitions every two months to attract female investors and motivate girls to take on this line of work. 'we must find an entity to unify conference and exhibition organizers in the kingdom and give it the attention it deserves" she said.

fadel abu al-einien an economist said the exhibition and conferences market in saudi arabia provides varied outcomes.

'the strength of the saudi market which accounts for more than 65 percent of the volume of the gulf market is a magnet for production and marketing.

'as such the gulf cooperation council (gcc) is expected to play a prominent role in this industry in coming years because of the current expansion of these markets. in fact this industry can serve as economic gateway to prosperity."


 


Arab News




  MENA News Headlines
 Jan 30 2015 - test from diaaAdvanced Currecy Markets [ACM]
(MENAFN - Advanced Currecy Markets [ACM]) ...

 Jan 29 2015 - HH the Emir Receives Phone Call from Ban Ki-moonQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani on Thursday received a phone call from the United Nations Secretary-General, Ban Ki-moon, during which he thanked HH the Emir on the ...

 Jan 29 2015 - Consumer spends on pharma products to increase to Dh5.03b by 2020Khaleej Times
(MENAFN - Khaleej Times) Dubai € Consumer expenditure on pharmaceutical products, medical appliances and equipment in the UAE has experienced a strong increase and is forecast to be valued around ...

 Jan 29 2015 - UAE- Time to put cyber security on top priorityKhaleej Times
(MENAFN - Khaleej Times) Kaspersky lab solutions block millions of attacks across the globe, which clearly indicates that cyber criminals are smart, but not smarter than security providers.This was ...

 Jan 29 2015 - Indian business council honours Emirati businessmenKhaleej Times
(MENAFN - Khaleej Times) Dubai - The Indian Business and Professional Council (IBPC) hosted a reception on the occasion of the 66th Republic Day of India at the Oberoi Hotel, Business Bay, on Sunday. ...

 Jan 29 2015 - UAE, Canada discuss ways to boost tradeKhaleej Times
(MENAFN - Khaleej Times) Abu Dhabi - Abdullah Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade, received a Canadian delegation led by Martin Zablocki, CEO of the Canadian ...

 Jan 29 2015 - Emirates NBD facilitates Stanbic in $85 million loan facilityKhaleej Times
(MENAFN - Khaleej Times) Al Ahli Bank of Kuwait and Standard Chartered Bank joined the transaction as mandated lead arrangers while Al Khalij Commercial Bank and The Commercial Bank of Qatar ...

 Jan 29 2015 - NBAD profit jumps 28% in 2014Khaleej Times
(MENAFN - Khaleej Times) Abu Dhabi - A strong growth in incomes from interest and non-interest based revenues bolstered the National Bank of Abu Dhabi (NBAD) profits to Dh1.372 billion in the quarter ...

 Jan 29 2015 - UAE pharma spend to hit Dh5 billion by 2020Khaleej Times
(MENAFN - Khaleej Times) It is also forecasted to increase at a compound annual growth rate (CAGR) of about 9.78 per cent from 2014 to 2020 as, by then, the value of consumer expenditure on ...

 Jan 29 2015 - Parents happy with children's educationKhaleej Times
(MENAFN - Khaleej Times) Abu Dhabi: A survey by the Abu Dhabi Education Council (Adec) has revealed that parents across the emirate are satisfied with their children's schools. The education ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help