Posts Tagged "Middle East"

The Factors Affecting the UAE Restaurant Industry

The United Arab Emirates (UAE), a federation of seven states, combines a rich history with thriving metropolitan areas — making it one of the Middle East’s most important economic centers. The owners, operators, and investors in UAE restaurant chains have reaped the rewards of its shifting demographics and its thriving economy has historically been linked to oil production and high…read more →Read more...

Who’s Who Among Public GCC Restaurant and Hospitality Companies

A slew of headlines have plagued the GCC in recent months — many related to poor economic conditions brought on by political issues and sagging oil prices. GCC restaurant stocks have been impacted but, despite the recent problems, the region (and the hospitality sector in particular) continues to experience growth, making it a burgeoning location for both homegrown concepts and…read more →Read more...

How Macroeconomic Conditions Will Impact Qatar’s Restaurant Industry

Once one of the poorest Gulf states, today, Qatar is one of the richest countries in the GCC. But it hasn’t been without its struggles, particularly recently. First, there were sagging oil prices, which have plagued the GCC in recent years. But the country most recently made headlines for its alleged support of terrorist organizations (including the Palestinian Hamas faction…read more →Read more...

Factors Affecting The Kuwait Restaurant Industry

The Kuwait restaurant industry is shaped by a number of factors, including macroeconomic conditions, technological trends, and the investment/M&A climate. As incomes rise and the tourism sector is set to expand, the country’s F&B sector is set for further growth. Below, a few of the factors affecting the Kuwait restaurant industry: POPULATION AND GDP CONTINUE TO GROW Kuwait’s population continues…read more →Read more...

Saudi Arabia’s Fast Food Segment Continues to Grow

Eating out and shopping are the main entertainment activities in Saudi Arabia, making the region a hotbed of potential for restaurant operators and investors looking to get in to the F&B sector. High disposable incomes mean that consumers can trade up, eat out and order food more often; increased travel and the rising use of social media have exposed a…read more →Read more...

What GCC Restaurant Operators Can Expect In 2017

Thanks to sagging oil prices, last year was challenging for the GCC region. Fortunately for operators in the region — who’ve had to deal with increased saturation brought on by competition, as well as poor sales due to, again, oil — 2017 is already showing a few glimmers of hope. Here’s what the region’s macroeconomic conditions could mean for the…read more →Read more...

What the Current Economic Climate Will Mean for UAE Restaurant Operators

The Gulf Cooperation Council is facing a set of challenges brought on by sagging oil prices, and the UAE is no exception. Fortunately, financial experts predict non-oil growth in the region will increase some 3% to 3.5% on the back of greater Expo 2020 projects. Below, we’ll take a look at the challenges facing UAE restaurant operators, plus some opportunities on…read more →Read more...

Private Equity Deals Make Their Mark On the Middle East Restaurant Industry

As countries around the Middle East expand their identities and economies beyond oil production, the world has taken note. This has been seen through a regional construction boom, increased tourism and an uptick in Western-style consumerism — and private equity has found a home in the region’s restaurant industry, as a result. Activity in the food and beverage (F&B) industry…read more →Read more...