Resources and Investment News
Corina Goetz
Middle Eastern Business and Culture Specialist | Senior Strategic Adviser | Board Member | Keynote Speaker
In Today's Issue for you...
RESOURCES you have to know about
???? Do you want to participate in the boom in Saudi Arabia but you are not someone who can or want to invest into luxury? There is a huge list of investment opportunities for midscale and budget tourism projects as well as any other sector on the Invest Saudi webpage. Each opportunity has its own accompanying info document which can be downloaded. You can find an overview of the almost 1,800 projects (as of 15.10.24)?under this link.
?? Find a list of all projects under?Vision 2030 HERE
Star-CaT Updates
??? Corina was featured on the CMEC podcast -?you can listen here
?? We finally have a new Website -?check it out?and let us know what you think
News from the Region UAE ????
???The next step for the Dubai air taxi service has been taken by the signature of an exclusive deal between Parkin and Skyports Infrastructure to develop so-called vertiports. The agreement brings together air travel and the last mile by car thanks to the expertise of both companies.
?? The highly anticipated opening of the Global Village in Dubai will take place on the 16th of October (by the time you read this, it took place). Season 29 got extended and will now cover 90 cultures with a focus on culinary treats. It will run until the 11th of May, 2025.
Qatar ???? ↗??Qatar Chamber and the Young Entrepreneurs Club have announced that they will organise the “Young Entrepreneurs Media Forum” from November 15 to 16.
Kuwait????? ?? Kuwait looks to AI to boost road safety after over 3.1m traffic violations were recorded in the first 6 months -?AI cameras have been installed to monitor seatbelt use as well as phone use while driving.
Oman ????
↗??Oman Future Fund has announced $2.2bn of investment projects in partnership with local companies and international investors.
Saudi ????
?? According to the Ministry of Tourism, the Kingdom is experiencing a 650% growth in lifestyle tourism. Those visitors arrive for entertainment and holidays. Saudi Arabia had set the goal of 100 Million tourists by 2030, but achieved this milestone in 2023, seven years ahead of schedule.
???We often get asked why a presence on Social Media is important for a brand. Here is a small example. According to a NielsenIQ report as many as 66 per cent of Saudi consumers search Social Media for product information before a traditional search engine. Saudi consumers still remain cautious due to the rising food prices but the outlook is positive. ?????We blogged about it?but it deserves a mention in the newsletter as well. Riyadh Season 2024 announced the opening of three zones for the public:
The zones are open from 4pm until midnight (or 1am, depending on the zone).
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The Gulf Overall
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Projects that make you go Ohhhhh...
Significant Investment News:
AI News:
According to PricewaterhouseCoopers here are the 5 factors why the Middle East getting ahead of the curve in terms of AI:
...
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Stats You Should Know To Become More Skilled in the Gulf In 2 Minutes…
???Saudi unemployment rate falls to 3.3%
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That is all for now and we will be back with more next month! Corina and The Star-CaT Team
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5 个月Thanks for sharing, Corina Goetz
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5 个月Just what I needed to read today
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5 个月Its amazing at all that is happening in the middle east Corina Goetz
??Helping Chinese Sales Directors and Their Teams Get International Customers by Improving Sales and Marketing Skills.
5 个月I like the 'News from the region' especially Corina Goetz - great way to start conversations Corina Goetz
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5 个月That's quite an informative and engaging Middle East Insights newsletter! You seem to cover all the latest happenings and opportunities in the region comprehensively. Looking forward to more insightful updates.