Atqan Procurement’s Post

In the heart of Saudi Arabia’s bustling F&B landscape, a seismic shift is underway. With restaurant sales soaring by 13.66% in 2023 and the market on course to eclipse SAR 150 billion by 2030. The ambitious targets of برنامج جودة الحياة | Quality of Life Program and the Saudi Vision 2030 paint a future brimming with opportunity. This surge has catalyzed an unprecedented demand for innovative supply chain and financial solutions. Enter nomu group: a trailblazer empowering mid-market F&B operators with AI-driven fulfillment and liquidity solutions. Nomu stands at the forefront, revolutionizing how F&B operators can unlock working capital for sustained growth whilst minimizing fulfillment cost for manufacturers, and generate healthy returns for our finance partners. In today’s competitive arena, nomu group is not just a service but a strategic ally for F&B operators aiming for unparalleled success. Read more on the link in comment #SaudiArabia #FandB #SupplyChain #Finance #AI #LiquiditySolutions #SustainableGrowth #SaudiVision2030 #QualityOfLife #Innovation #StrategicPartnership

The food and beverage (F&B) industry in the Middle East and Africa (MEA) region, particularly in the United Arab Emirates (UAE) and Saudi Arabia, has been seeing remarkable growth and transformation. This growing market is driven by several factors, including the growing wealthy population, increasing disposable incomes, and a thriving tourism industry. Read our insightful blog to explore current trends, opportunities, and reasons for investing in the UAE, Saudi Arabia, and the broader MEA F&B market. https://lnkd.in/gMbSB_qw #foodnbeverageindustry #fnbindustry #foodandbeverage #foodandbeveragemarket

Opening a restaurant or café in Saudi Arabia comes with its set of hurdles. High upfront costs, local regulations, tough competition, and daily expenses can result in losses if not handled well. From my experience, financial missteps and not targeting the right audience are common mistakes. Building trust, understanding local tastes, and staying ready for market shifts are crucial. Success requires deep market research and a flexible financial approach. #RestaurantBusiness #FinancialPlanning #MarketChallenges #SaudiArabia #FoodAndBeverage #BusinessGrowth #HospitalityIndustry #TargetAudience #BusinessStrategy #LessonsLearned

The approval of the first alcohol shop in Riyadh after over 70 years marks a significant shift in Saudi Arabia's approach towards diversification and economic development. This move has several potential impacts on the economy, including diversification, job creation, and growth in the hospitality and tourism sectors. Opening an alcohol shop aligns with Saudi Arabia's efforts to diversify its economy, moving away from heavy reliance on oil. This will create job opportunities within the retail and hospitality sectors, benefiting candidates with expertise in these industries. The availability of alcohol will also attract more international visitors, boosting the hospitality sector and creating a demand for skilled professionals in areas such as hospitality management, customer service, and event planning. The approval of an alcohol shop reflects the changing cultural attitudes and a more open approach, which has contributed to a more inclusive and diverse society. Additionally, the alcohol industry itself will contribute to government revenue through taxes and licensing fees, providing additional financial resources for infrastructure projects and public services. This change in policy has the potential to shape Saudi Arabia's economic landscape, presenting new opportunities for businesses and professionals in various sectors. Candidates with skills in hospitality, retail management, and related fields are going to find an evolving job market with increased diversity in job offerings. At Culture Recruitment, we are actively working in Saudi Arabia to align the brightest talent with the best opportunities. Contact us to find out more about how we can help you. #SaudiArabia #EconomicDiversification #Hospitality #Tourism #CultureRecruitment

We all know how Data is the most important asset and when utilized to it’s full potential it can take your business to new heights. It’s equally important to have the right data sets to work on and that’s what Mingora is doing for the MENA region for F&B field. I had an interesting conversation about the recent rising trends in F&B landscape at my recent visit at voco® Riyadh for (FFCC) Fast Food & Cafe Convention Saudi with the founder of Mingora- Ali Muhammad Syed. Watch for an insightful tip, and share a rising trend that you see rising in this region? #wahidroute #ffcc #mohammadfahad Mini Jacob George Mohan Wahid Route

On this #WorldFoodDay, the Abu Dhabi Food Hub stands united with global efforts to strengthen food security and sustainability. As we continue our endeavor of building the region's leading #wholesale market, we are committed to building resilient food supply chains that connect producers to markets efficiently, reduce food waste, and ensure access to safe and nutritious food for all. Through collaboration with governments, private sectors, and global partners, we are driving innovative solutions to address food challenges and ensure that food systems are inclusive, sustainable, and capable of supporting future generations. Today, we honor the contributions of all those working to ensure that no one goes hungry and commit to continuing our work to build a food-secure world. Abu Dhabi Food Hub Empowering Global Food Security Ghassan Aboud Group AD Ports Group KEZAD Group #foodsupplychain #wholesalemarket #foodhub #foodsecurity #sustainability

The global F&B market is set to hit $9.2 trillion by 2027! New opportunities for growth and innovation are on the horizon. From food production to technology, the market is expanding fast. Are you prepared to seize your share of this rapidly evolving market? Meet industry leaders, discover breakthrough strategies, and explore the innovations that are shaping the future. Join us at the Future Food Forum on October 2-3. Register now at https://buff.ly/4d5LZJH Ministry Of Economy, UAE, وزارة التغير المناخي والبيئة Ministry of Climate Change and Environment, UAE Food & Beverage Manufacturers Group, Food Tech Valley, Dubai Chambers, DP World, Free From Food & Health Ingredients , Al Ain Farms, Emirates Macaroni Factory, IFFCO Group, Abu Dhabi Food Hub, SGS, BRF, Almarai - المراعي, Saigol & Gulf, Agthia Group PJSC, United Foods Company (PJSC), Yokogawa, Nutridor Dairy Manufacturing LLC, Pınar Süt, Tilda® | B Corp, Spinneys, Tetra Pak, Barakat , Tetra Pak, Al Islami Foods, Emirates Development Bank (EDB), Etihad Credit Insurance (ECI) #futurefoodseries #globalFnBmarket #foodinnovation #growthopportunities #registertoday #industryleaders

Gulfood Is Your Big Chance To Kickstart Your Food Business In The UAE. Don't Miss Out! Connect With Engage Experts To Ensure A Successful Launch Of Your Food Business In The UAE. #EngageExperts #EngageExpertsconsultancy #UAEAudit #FinancialServicesUAE #TaxationUAE #AccountingUAE #VATUAE #BusinessSustainabilityUAE #Gulfood

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The proliferation of distribution channels, market accessibility, rapid #urbanization , a surging level of disposable income, shifting consumer preferences, and sophisticated tastes are expected to drive Saudi Arabia #Ice_Cream Market during the #forecast period between 2024 and 2030. 🌐𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐭𝐨 𝐁𝐥𝐮𝐞𝐖𝐞𝐚𝐯𝐞 𝐅𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 "𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐈𝐜𝐞 𝐂𝐫𝐞𝐚𝐦 𝐌𝐚𝐫𝐤𝐞𝐭" ➖ https://lnkd.in/dT5dkYCu ▶ 𝐌𝐚𝐣𝐨𝐫 𝐩𝐥𝐚𝐲𝐞𝐫𝐬: ✔ Saudia Dairy & Foodstuff Company (SADAFCO) ✔ IFFCO Group ✔ The Saudi Ice Cream Factory Company Ltd. ✔ Arabian Food & Dairy Factories Company - Fadeco ✔ General Mills ✔ Cone Zone ✔ Unilever 📢 𝐁𝐲 𝐅𝐥𝐚𝐯𝐨𝐫: By flavor, #Saudi_Arabia_Ice_Cream Market is divided into Chocolate, Vanilla, and Fruit segments. The #vanilla segment holds the highest share in Saudi Arabia Ice Cream Market by #flavor due to its timeless popularity and widespread appeal. #BlueWeave #marketresearch #consulting #icecream #dessert #dairyindustry #foodprocessing #foodindustry #saudiarabia