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2014 Food Service
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 12/1/2014 GAIN Report Number: SA1416 Saudi Arabia Food Service - Hotel Restaurant Institutional 2014 Approved By: Hassan F. Ahmed, U.S. Embassy, Riyadh Prepared By: Hussein Mousa, U.S. Embassy, Riyadh Report Highlights: The hotel, restaurant and institutional (HRI) food service sector in Saudi Arabia has been rapidly growing in the past decade. Major changes in the Saudis’ work and life styles as well as in their consumption patterns have led to increased frequency of Saudis eating outside their homes and doing more in-country travel. The annual revenue derived from food services, restaurants and cafés in Saudi Arabia has been rapidly growing, and is forecast to reach $18 billion by 2016. Revenues from the food catering is the leading sector due to a huge number of foreign workers and more than 7 million visitors to the Kingdom to perform Hajj and Umrah every year. The Saudi HRI food service sector relies heavily on imports, with more than 80 percent of the sector’s needs comes from outside the Kingdom. Information included in this report is mostly unchanged from last year. SECTION I. MARKET SUMMARY Although there are no precise estimates of the contribution of the hotel, restaurant and institutional (HRI) food service sector to the overall Saudi economy, experts put the annual revenues for the HRI food services at about $15 billion in 2012 and project them to reach $18 billion by 2016. -
A Case Study About Accelerating Expansion of Restaurants Industry in Saudi Arabia
Business Management and Strategy ISSN 2157-6068 2018, Vol. 9, No. 1 A Case Study About Accelerating Expansion of Restaurants Industry in Saudi Arabia Maroua M. Bouznif (Corresponding author) College of Business Administration, King Saud University, P.O. Box: 51049, Riyadh 11543, Saudi Arabia E-mail: [email protected] Jawahir AlMudbel College of Business Administration, King Saud University, Riyadh, Saudi Arabia E-mail: [email protected] Shadden Almarshed College of Business Administration, King Saud University, Riyadh, Saudi Arabia E-mail: [email protected] Ibtissem Mohamed Ben Ajmi Institut des Hautes Etudes Commerciales (IHEC) - Cartage University. Tunis, Tunisia E-mail: [email protected] Received: May 11, 2018 Accepted: May 25, 2018 Published: June 14, 2018 doi:10.5296/bms.v9i1.13283 URL: https://doi.org/10.5296/bms.v9i1.13283 Abstract Restaurants have recently witnessed a fast growth in Saudi Arabia. Though this growth considers being relatively recent, it is widely observed by everyone. This case study illustrates the progress of restaurants in Saudi Arabia, factors influencing restaurants www.macrothink.org/bms 173 Business Management and Strategy ISSN 2157-6068 2018, Vol. 9, No. 1 expansion, some strategic and tactical issues in managing restaurants, restaurants classification. Besides, it describes the key players’ restaurants, presents some new trends and challenges attached to their growth and finally where the restaurants are heading to. Keywords: Case study, Saudi Arabia, Restaurants, Cafe, Managing restaurants, Restaurant expansion www.macrothink.org/bms 174 Business Management and Strategy ISSN 2157-6068 2018, Vol. 9, No. 1 1. Introduction The culture of eating out at the restaurants in Saudi Arabia is still relatively new. -
Poultry Market in the UAE 2012-21March-Final
THE POULTRY MARKET IN THE UAE 2012 IMES CONSULTING (MENA) FZ LLC Loft Building 1, Office 206 Dubai Media City PO Box 500594 Dubai, United Arab Emirates Tel: +971 4 367 2177 Fax: +971 4 367 8609 Email: [email protected] Website: www.imesconsulting.com July 2012 ©COPYRIGHT by IMES Consulting, July 2012 "The Poultry Market in UAE 2012" All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of the Copyright owner. Every effort has been made to ensure that the information given herein is accurate, but no legal responsibility is accepted for any errors or omissions in that information and no responsibility is accepted in regard to the standings of any firms or companies or individuals mentioned. The Poultry Market in the UAE 2012 TABLE OF CONTENTS Page PART A: MARKET ENVIRONMENT 1 1. ECONOMIC ENVIRONMENT 1 2. POPULATION AND DEMOGRAPHICS 2 3. LOCAL POULTRY INDUSTRY CAPABILITY AND STRUCTURE 3 3.1 Production Cost 4 3.2 Quality 5 3.3 Disease 5 3.4 Government Support 6 4. DISTRIBUTION OF POULTRY PRODUCTS IN THE UAE 7 4.1 Retail Environment 7 4.2 Foodservice Environment 7 5. KEY SUPPLIER PROFILES 9 5.1 Emirates Modern Poultry Company (EMPCO) 10 5.2 Al Ain Poultry 11 5.3 Arab Poultry Breeding and Production Company (TASIL) 11 5.4 Ras Al Khaimah Poultry & Feeding Company 12 5.5 Federal Foods LLC 12 5.6 EMKE Group 13 5.7 Al Islami Foods 13 5.8 IFFCO-Emirates National Poultry Farm 14 6. -
2015 Food Service
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 12/14/2015 GAIN Report Number: SA1518 Saudi Arabia Food Service - Hotel Restaurant Institutional 2015 Approved By: Hassan F. Ahmed, U.S. Embassy, Riyadh Prepared By: Hussein Mousa, U.S. Embassy, Riyadh The hotel, restaurant and institutional (HRI) food service sector in Saudi Arabia has been rapidly growing in the past decade. The total revenue generated by restaurants and cafés operating in the Kingdom was estimated at $12.1 billion in 2012, and is forecast to exceed $20 billion by 2020. Revenues from the food catering sector were estimated at $5 billion and steadily growing, with a huge number of foreign workers and more than 8 million visitors to Saudi Arabia to perform Hajj and Umrah every year. The Saudi HRI food sector relies heavily on imports, with more than 80 percent of its food needs coming from outside the Kingdom. Booming hotel construction sector is expected to add more than 100,000 additional rooms in the Kingdom’s hotel capacity by 2020, thus boosting demand for high quality food services. SECTION I. MARKET SUMMARY The latest available data issued by the Saudi Commission for Tourism and Antiquities (SCTA) puts the total revenue generated from sales of food and beverages by consumer food service (restaurants and cafés) at more than $12.1 billion in 2012, an increase of 68 percent compared to 2006. In 2012, the total number of restaurants and cafés were estimated at 24,738 units and 5,355 units, respectively. -
Annual Report 2020
Annual Report 2020 الصعود بثبات... ...Steady Rising Dear valued shareholders of Alandalus Property Company May peace, mercy and blessings of Allah be upon you The Chairman and members of the Board of Directors of Alandalus Property- Company are pleased to present to the shareholders of the company the annu- al report for the fiscal year ending on December 31, 2020. The report has been prepared in accordance with the requirements of the Governance Regulations issued by the Capital Market Authority, the Companies Law, and the Company’s articles of association. The report provides information on the Company’s activities, financial results, performance, achievements, and future plans, during the fiscal year ending on December 31, 2020. 2 Annual Report 2020 Annual Report 2020 3 Custodian of the Two Holy Mosques His Royal Highness Prince King Salman bin Abdulaziz Mohammed bin Salman bin Al Saud Abdulaziz Al Saud May God protect him the Crown Prince, Deputy Prime Minister and Minister of Defense Table of contents: 06 Corporate communication 52 01 Human capital 52 53 Chairman statement 08 Saudization and employment Social responsibility 54 Transactions with related parties 56 02 CEO statement 10 07 Financial results and business data 60 03 Income statement 62 Executive summary 12 Revenue analysis 64 Balance sheet Economic impact of Corona pandemic (Covid 19) 13 66 Accounting standards Strategic Objectives 14 68 Islamic Tawarruq (securitization) Facilities Company Achievements 2020 15 68 Regulatory payments Existing projects 16 69 Future projects -
Our Valued Customers and Partners
Our Valued Customers and Partners, First of all, allow me to extend the sincerest gratitude to you for your continued belief and trust in UPB. On behalf of the entire team, I can tell you that we are inspired and driven by the opportunities that you give us every day to help us succeed. Since UPB’s inception and to this day, our sole focus has always been on delivering results that exceed your expectations. We understand that the diversity of our talent is essential to creating high-quality solutions that are aligned with the key objectives of our customers. We are committed to providing a workplace that our employees take pride in. Being the leading provider of building mechanical systems including air conditioning, bathrooms, heating, sanitary , firefighting , renewable energy solutions,industrial systems and water saving in Jordan and the region, United Pioneering Business “UPB” stays true to its name by partnering with the industry’s most renowned technology providers to make sure that you have a variety of solutions that will fulfill your specific needs. To maintain UPB’s leading position in the market, we are highly driven to cultivate a culture of innovation by introducing top-notch technologies and state of the art brands that have a strong market share and presence. We always make sure that we maintain an open dialogue with our customers so that we continue to introduce and deliver products and services that exceed their expectations. Ultimately, our job is to be of value to our clients, and we are committed to fulfill this mission in the most cost-effective and time-efficient manner. -
Company Pre Qualifications HVAC Testing and Commissioning
Company Pre Qualifications HVAC Testing and Commissioning TIME FOUR TECHNICAL SERVICES L.L.C HVAC Commissioning & Verification, Inspections P.O. Box 242572 Dubai U.A.E Tel:04-3850747, Mob:050-5975847 Company Pre Qualifications Time Four Technical Services LLC Main Office: Office No. 105, 2nd Floor Burhan Building Bur Dubai P.O. Box 242572 Dubai, UAE Contact: Mr. Muhammed MH – Manager Mob: +971-50 5975847 Account: Mr. Sidhiqu – Accountant Mob: +971- 568283930 Tel. No: 04-3850747 Email Address: [email protected] Website: www.timefourtechuae.com Gmail: [email protected] HVAC Commissioning & Verification, Inspections P.O. Box 242572 Dubai U.A.E Tel:04-3850747, Mob:050-5975847 Company Pre Qualifications Mission Statement Within TFT, our primary objective is to grow and achieve recognition and status for our commitment to deliver an unparalleled service, unequalled quality and always within time & budget philosophy, for both ourselves and our clients, whilst remaining dedicated towards the task, mission & core values. Vision Statement TFT are committed to being recognized as the natural choice to offer our services to Middle East and global construction project clients. TFT’s growing reputation for the services we offer our clients is unrivalled. We have created the organization structure and supporting processes to deliver optimal results. Our corporate culture fully understands that ultimately, this business is about how well We continue to serve our clients. HVAC Commissioning & Verification, Inspections P.O. Box 242572 Dubai U.A.E Tel:04-3850747, Mob:050-5975847 Company’s Introduction TFT was established to provide support to the construction activities within the Middle East, providing a range of expertise in engineering design and construction to various sectors of the industry. -
Consumer Loyalty in Fast-Food Restaurants in Saudi Arabia
Consumer Loyalty in Fast-Food Restaurants in Saudi Arabia By Sulafah Bukhari Thesis Supervisor: Professor Sadrudin Ahmed A Thesis Submitted to the Faculty of Graduate and Postdoctoral Studies in Partial Fulfillment of the Requirements for the Degree Master of Science in Electronic Business Technologies Electronic Business Technologies Faculty of Engineering University of Ottawa © Sulafah Bukhari, Ottawa, Canada, 2015 Table of Contents LIST OF TABLES ............................................................................................................................................................... IV LIST OF FIGURES .............................................................................................................................................................. VI LIST OF APPENDICES ...................................................................................................................................................... VII ABSTRACT ....................................................................................................................................................................... VIII ACKNOWLEDGMENTS ...................................................................................................................................................... IX CHAPTER 1: INTRODUCTION ................................................................................................................ 1 1.1 RESEARCH PROBLEM .......................................................................................................................................... -
Warta Kerajaan S E R I P a D U K a B a G I N D a DITERBITKAN DENGAN KUASA
M A L A Y S I A Warta Kerajaan S E R I P A D U K A B A G I N D A DITERBITKAN DENGAN KUASA HIS MAJESTY’S GOVERNMENT GAZETTE PUBLISHED BY AUTHORITY Jil. 55 23hb Jun 2011 TAMBAHAN No. 13 TMA No. 22 No. TMA 34. AKTA CAP DAGANGAN 1976 (Akta 175) PENGIKLANAN PERMOHONAN UNTUK MENDAFTARKAN CAP DAGANGAN Menurut seksyen 27 Akta Cap Dagangan 1976, permohonan-permohonan untuk mendaftarkan cap dagangan yang berikut telah disetujuterima dan adalah dengan ini diiklankan. Permohonan-permohonan untuk mendaftarkan dalam Bahagian A dalam Daftar ditandakan dengan Nombor Rasmi yang tidak diiringi dengan apa-apa huruf. Permohonan-permohonan untuk mendaftarkan dalam Bahagian B dikenali dengan huruf B yang ditambahkan kepada Nombor-nombor Rasmi. Jika sesuatu permohonan untuk mendaftarkan disetuju terima dengan tertakluk kepada apa-apa syarat, pindaan, ubahsuaian atau batasan, syarat, pindaan, ubahsuaian atau batasan tersebut hendaklah dinyatakan dalam iklan. Jika sesuatu permohonan untuk mendaftarkan di bawah perenggan 10(1)(e) Akta diiklankan sebelum penyetujuterimaan menurut subseksyen 27(2) Akta itu, perkataan-perkataan “Permohonan di bawah perenggan 10(1)(e) yang diiklankan sebelum penyetujuterimaan menurut subseksyen 27(2)” hendaklah dinyatakan dalam iklan itu. WARTA KERAJAAN PERSEKUTUAN 3874 [23hb Jun 2011 Jika keizinan bertulis kepada pendaftaran yang dicadangkan daripada tuanpunya berdaftar cap dagangan yang lain atau daripada pemohon yang lain telah diserahkan, perkataan-perkataan “Dengan Keizinan” hendaklah dinyatakan dalam iklan, menurut peraturan 37(2) Peraturan-Peraturan Cap Dagangan 1983 [P.U. (A) 355/1983]. Jika gambaran bagi sesuatu cap dagangan tidak termasuk dalam iklan, tempat di mana satu spesimen atau gambaran cap dagangan itu didepositkan hendaklah dinyatakan dalam iklan itu. -
Bright Future for Foodservice In
TRENDS Bright future for foodservice in KSA The Saudi quick service and fast dining market is still relatively small but has potential for growth, given rising disposable incomes and changing food patterns and dining habits in the Kingdom, especially among the youth lasgow Consulting Group (GCG) estimates the Saudi market for Gquick service, fast casual and casual dining to be worth $3.3 billion, the per capita spend being around $115, a figure that rises to $147 if children aged under 10 years are excluded. The average is expected to reach $192 by 2017. Food operators are thus sanguine about the prospects of the Kingdom’s QSR and casual dining sector, which has been growing at a CAGR of 9.5% even during the global economic downturn of 2008-09. They see growth as having picked up to 12.7% in 2012, the current rate averaging 10-to-15%, catalysed by work and lifestyle changes that have led to changes in consumption patterns, more in-country travel and a higher frequency of eating out. But Saudi figures of average per capita spending on eating out are just a third or fourth of the world’s most developed QSR/casual dining market – the US, which range from $390 to $550. Clearly, / Shutterstock.com Studio Photo Yeko therefore, the size of the Saudi market growing numbers of teenagers familiar part of their sales accounted for by is still small by comparison so there are with international and local dining chicken burgers. good reasons to feel optimistic about its concepts. Table 4 gives a breakdown of the future growth potential, particularly since Arguably the key risk to the growth quick service and casual dining sector Saudi GDP per capita at $22,400 is still scenario is a collapse in oil prices, in 2012 by number of outlets and type of less than half that of the US ($48,100). -
A Unanimous Decision the Rejection of Mechanical Slaughter
Issue 13 | February 2010 the off icial newsletter of the Halal Monitoring Committee A Unanimous Decision The rejection of mechanical slaughter In this issue UK Muslim scholars unanimously reject mechanical slaughter KFC introduces controversial Halal HMC launches new annual certifi cate First HMC certifi ed school What’s in my donner kebab HMC logo abuse HMC continues it’s growth Fighting the Qurbani scam Fiqh corner Revert appalled by KFC Halal Monitoring Committee | Helping Muslims Choose We would like to wish all our readers a belated Eid UK Muslim Scholars Unanimously Mubarak and pray that the blessed months from Reject Mechanical Slaughter Ramadan through to Hajj came as a source of attaining In the largest independent survey of Muslim Scholars conducted in forgiveness and taqwa. the UK concerning Halal and Halal standards, there was a unanimous rejection of mechanical slaughter in the UK from all scholars. Alhamdulillah through the grace of the Almighty, HMC continues to In June 2009, an independent online survey was commissioned by HMC through Ajax help the Muslim community in an Consultants to understand the scholarly opinions on Halal in the UK. essential element of their deen and the awareness and demand for HMC is Responses were received from 282 imams and muftis from over 25 towns and cities increasing throughout the country. Since covering, London, Birmingham, Newcastle, Glasgow, Leicester, Manchester, Blackburn, its inception, the Muslim community Reading, Preston, Dewsbury and many more cities across the UK. is much more aware around the issues and challenges within the halal market and have expressed great satisfaction The survey asked several questions covering issues on the acceptance of mechanical to have an alternative available in slaughtering, stunning of animal prior to slaughter, recitation of tasmiyah, and views on comparison to the ‘unmonitored, the current exemptions in UK and European law. -
Towards Arab and Euro-Med Regional Integration
«Development Centre Seminars Towards Arab and Euro-Med Regional Integration INTERNATIONAL DEVELOPMENT Edited by Sébastien Dessus, Julia Devlin, Raed Safadi THE WORLD BANK © OECD, 2001. © Software: 1987-1996, Acrobat is a trademark of ADOBE. All rights reserved. OECD grants you the right to use one copy of this Program for your personal use only. Unauthorised reproduction, lending, hiring, transmission or distribution of any data or software is prohibited. You must treat the Program and associated materials and any elements thereof like any other copyrighted material. All requests should be made to: Head of Publications Service, OECD Publications Service, 2, rue André-Pascal, 75775 Paris Cedex 16, France. Development Centre Seminars Towards Arab and Euro-Med Regional Integration Edited by Sébastien Dessus, Julia Devlin and Raed Safadi DEVELOPMENT CENTRE OF THE ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT ECONOMIC RESEARCH FORUM FOR THE ARAB COUNTRIES, IRAN AND TURKEY THE WORLD BANK ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Co-operation and Development (OECD) shall promote policies designed: – to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus to contribute to the development of the world economy; – to contribute to sound economic expansion in Member as well as non-member countries in the process of economic development; and – to contribute to the expansion of world trade on a multilateral, non-discriminatory basis in accordance with international obligations.