{"id":17250,"date":"2021-08-26T11:23:35","date_gmt":"2021-08-26T08:23:35","guid":{"rendered":"https:\/\/ye.mashroo3k.com\/studies\/%d8%b4%d8%b1%d9%83%d8%a9-%d9%85%d8%b9%d8%a7%d8%b1%d8%b6-%d9%85%d9%81%d8%b1%d9%88%d8%b4%d8%a7%d8%aa\/"},"modified":"2025-03-23T00:51:17","modified_gmt":"2025-03-22T21:51:17","slug":"%d8%b4%d8%b1%d9%83%d8%a9-%d9%85%d8%b9%d8%a7%d8%b1%d8%b6-%d9%85%d9%81%d8%b1%d9%88%d8%b4%d8%a7%d8%aa","status":"publish","type":"studies","link":"https:\/\/ye.mashroo3k.com\/en\/studies\/%d8%b4%d8%b1%d9%83%d8%a9-%d9%85%d8%b9%d8%a7%d8%b1%d8%b6-%d9%85%d9%81%d8%b1%d9%88%d8%b4%d8%a7%d8%aa\/","title":{"rendered":"Furniture Exhibition Company"},"content":{"rendered":" <div class=\"content-card study-summary\">\n    <!-- Grid -->\n    <div class=\"row no-gutter\">\n        <!-- Media -->\n        <div class=\"col-12 col-m-5\">\n                    <a href=\"#\" data-title=\"Feasibility study for a furniture showroom company\" class=\"responsive-element media-element \" data-src=\"https:\/\/ye.mashroo3k.com\/wp-content\/uploads\/2022\/01\/\u0645\u0639\u0627\u0631\u0636-\u0645\u0641\u0631\u0648\u0634\u0627\u062a_.png\"><\/a>\n        <\/div>\n        <!-- Content -->\n        <div class=\"col-12 col-m-7 rich-content\">\n            <h2>Feasibility study for a furniture showroom company<\/h2>\n                        <p>It is a modern furniture exhibition organized using the latest display methods, including the latest furniture and accessories. The exhibition displays bedrooms, living rooms, tables, and accessories.<\/p>\n            <p><\/p>\n        <\/div>\n        <!-- Info Bar -->\n        <div class=\"col-12 col-m-7 info-bar flexbox\">\n            <!-- Item -->\n            <h3 class=\"info-item col-auto\">Capital <strong data-counter=\"1500000\" data-sign=\" YER\"><\/strong><\/h3>            <!-- Item -->\n            <h3 class=\"info-item col-auto\">Rate of return <strong data-counter=\"45\" data-sign=\"%\"><\/strong><\/h3>            <!-- Item -->\n                        <!-- Item -->\n                        <!-- Item -->\n                        <!-- Item -->\n            <h3 class=\"info-item col-auto\">Payback period <strong >Second year<\/strong><\/h3>        <\/div>\n        <!-- Info Bar -->\n    <\/div>\n    <!-- \/\/ Grid -->\n<\/div>\n\n\n\n<div class=\"wp-block-tornado-components-project alignfull content-card study-subjects\"><div class=\"row row-reverse\"><div class=\"col-12 col-m-5\"><img decoding=\"async\" src=\"https:\/\/ye.mashroo3k.com\/wp-content\/uploads\/2022\/01\/\u0645\u0639\u0627\u0631\u0636-\u0645\u0641\u0631\u0648\u0634\u0627\u062a_.png\" alt=\"Project description\" class=\"fluid\"\/><\/div><div class=\"col-12 col-m-7 rich-content\"><h2>Project description<\/h2><p class=\" desc1\">It is a modern furniture exhibition organized according to the latest display methods, including the latest models of furniture and accessories. The exhibition displays (bedrooms &#8211; living rooms &#8211; tables &#8211; and accessories). The exhibition aims to satisfy customers by providing a unique product in terms of design, materials, quality and prices. The exhibition displays the latest furniture designs and models (Turkish, Italian, German, French models, and also American-style models) at competitive prices with high-quality products and materials. The exhibition uses accessories such as zippers, drawer pulls, doors, and hinges of the highest and best types and brands available in the market, using the best technology and the highest quality levels. This enables it to compete with local competitors&#8217; products and meet the increasing demand and consumption of furniture, as the exhibition&#8217;s products are available in every modern home.<\/p><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-tornado-project-justifications alignfull content-card study-benifites\"><div class=\"row row-reverse\"><div class=\"col-12 col-m-4\"><img decoding=\"async\" src=\"https:\/\/ye.mashroo3k.com\/wp-content\/uploads\/2022\/01\/%D9%85%D8%B9%D8%A7%D8%B1%D8%B6-%D9%85%D9%81%D8%B1%D9%88%D8%B4%D8%A7%D8%AA.png\" alt=\"Project services\" class=\"fluid\"><\/div><div class=\"col-12 col-m-8 rich-content\"><h2>Project services<\/h2><ul class=\"chelist\"><li>bedrooms<\/li><li>Living rooms (sofas &#8211; corner seating)<\/li><li>dining rooms<\/li><li>Accessories (vases, chandeliers, table lamps, wall paintings, etc.)<\/li><\/ul><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-tornado-project-justifications alignfull content-card study-benifites\"><div class=\"row \"><div class=\"col-12 col-m-4\"><img decoding=\"async\" src=\"https:\/\/mashroo3k.com\/newweoryx\/wp-content\/uploads\/2019\/12\/01.png\" alt=\"Why Mashroo3k ?\" class=\"fluid\"\/><\/div><div class=\"col-12 col-m-8 rich-content\"><h2>Why Mashroo3k ?<\/h2><ul class=\"chelist\"><li><a href=\"https:\/\/mashroo3k.com\/\">Mashroo3k <\/a>has over 11 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.<\/li><li>Mashroo3k has offices in 7 international branches, located in <a href=\"\" target=\"\" rel=\"\">Saudi Arabia,<\/a> <a href=\"\" target=\"\" rel=\"\">the UAE<\/a>, <a href=\"\" target=\"\" rel=\"\">Egypt<\/a>, <a href=\"\" target=\"\" rel=\"\">Qatar<\/a>, <a href=\"\" target=\"\" rel=\"\">Oman<\/a>, <a href=\"\" target=\"\" rel=\"\">Yemen<\/a>, and <a href=\"\" target=\"\" rel=\"\">Iraq<\/a>, in addition to its agents in China, Singapore, and other countries.<br\/>Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.<\/li><li>Mashroo3k&#8217;s services are accredited and trusted by all financial institutions and funding entities across the Middle East.<\/li><li>The company\u2019s geographic reach spans 35 countries across all continents.<\/li><li>Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.<\/li><li>Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients\u2019 needs.<\/li><li>Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.<\/li><li>With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.<\/li><\/ul><\/div><\/div><\/div>\n\n\n<!-- Study Benifites -->\n<div class=\"content-card study-benifites tabs\">\n    <!-- Tabs Menu -->\n    <ul class=\"tabs-menu head\">\n                <li data-tab=\"tab-1\">Project features<\/li>                <li data-tab=\"tab-2\">Study contents<\/li>                <li data-tab=\"tab-3\">Sector indicators  <\/li>                <li data-tab=\"tab-4\">The project as an investment opportunity<\/li>    <\/ul>\n    <!-- Tabs Wraper -->\n    <div class=\"tabs-wraper\">\n        <!-- Tab Content -->\n                <div class=\"tab-content\" id=\"tab-1\">\n            <!-- Grid -->\n            <div class=\"row row-reverse\">\n                <!-- Media -->\n                <div class=\"col-12 col-m-4\">\n                    <img decoding=\"async\" src=\"https:\/\/sa.mashroo3k.com\/wp-content\/uploads\/2022\/01\/\u0645\u0639\u0627\u0631\u0636-\u0645\u0641\u0631\u0648\u0634\u0627\u062a_.png\" alt=\"\u0645\u0624\u0634\u0631\u0627\u062a \u0627\u0644\u0642\u0637\u0627\u0639\" class=\"fluid\">\n                <\/div>\n                <!-- Content -->\n                <div class=\"col-12 col-m-8 rich-content\">\n                    <p>Operating the showroom with the best capabilities and providing the finest types of furniture.<br \/>Creating new investment opportunities with good returns.<br \/>Achieving a good return for the project owner.<br \/>Employing the workforce and improving their economic and social standing.<br \/>Achieving good returns, cash flows, and added economic value.<br \/>Optimizing the project&#8217;s resources and assets.<br \/>Achieving a high level of quality.<br \/>Maintaining competitive prices that enable the project to achieve its target share.<\/p>                <\/div>\n                <!-- \/\/ Content -->\n            <\/div>\n            <!-- \/\/ Grid -->\n        <\/div>\n                <!-- Tab Content -->\n                <div class=\"tab-content\" id=\"tab-2\">\n            <!-- Grid -->\n            <div class=\"row\">\n                <!-- Content -->\n                <div class=\"col-12 col-m-6 rich-content\">\n                    <p><strong>Executive summary<\/strong><\/p>\r\n<ul>\r\n<li>About the project<\/li>\r\n<li>Financial indicators<\/li>\r\n<li>Justifications for establishing the project<\/li>\r\n<li>Government investment incentives in the project field<\/li>\r\n<li>Target markets<\/li>\r\n<li>Indicators and final results of the project<\/li>\r\n<\/ul>\r\n<p><strong>Study project services\/products<\/strong><\/p>\r\n<ul>\r\n<li>Project Description and All Its Products\/Services.<\/li>\r\n<li>Project Advantages and Production Requirements.<\/li>\r\n<\/ul>\r\n<p><strong>Market Size Analysis<\/strong><\/p>\r\n<ul>\r\n<li>Understanding Distribution Channels.<\/li>\r\n<li>Consumer Behavior, Preferences, and Habits.<\/li>\r\n<li>Competitors&#8217; Products or Services, and Their Strengths and Weaknesses.<\/li>\r\n<li>Market Nature and Characteristics.<\/li>\r\n<li>Demand Size for the Product or Service Offered.<\/li>\r\n<li>Available Market Share of the Target Market.<\/li>\r\n<li>The Optimal Marketing Method.<\/li>\r\n<\/ul>\r\n<p><strong>Risk Assessment<\/strong><\/p>\r\n<ul>\r\n<li>Risk Identification.<\/li>\r\n<li>Impact of Risks on the Project.<\/li>\r\n<li>Risk Mitigation Methods<\/li>\r\n<\/ul>                <\/div>\n                <!-- \/\/ Content -->\n                <!-- Content -->\n                <div class=\"col-12 col-m-6 rich-content\">\n                    <p><strong>Technical study<\/strong><\/p>\r\n<ul>\r\n<li>A detailed description of the project&#8217;s products, expected production capacity, and determination of investment costs.<\/li>\r\n<li>Determining the required electricity and water capacity.<\/li>\r\n<li>Determining the project&#8217;s labor requirements.<\/li>\r\n<li>Determining the project&#8217;s requirements.<\/li>\r\n<li>Calculating construction and building costs.<\/li>\r\n<li>Calculating the total capital<\/li>\r\n<li>Determining the annual operating costs.<\/li>\r\n<li>Determining the amount of working capital.<\/li>\r\n<\/ul>\r\n<p><strong>Financial study<\/strong><\/p>\r\n<ul>\r\n<li>Total investment costs required for the project.<\/li>\r\n<li>Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.<\/li>\r\n<li>Determine the expected annual revenues of the project in light of the specified operational capacities<\/li>\r\n<li>The optimal financing structure for the project in light of investors&#8217; capabilities and financing conditions.<\/li>\r\n<li>The project&#8217;s financial indicators and sensitivity analysis.<\/li>\r\n<\/ul>\r\n<p><strong>Organizational and administrative study<\/strong><\/p>\r\n<ul>\r\n<li>Project workforce.<\/li>\r\n<li>Organizational structure.<\/li>\r\n<li>Job responsibilities.<\/li>\r\n<\/ul>                <\/div>\n                <!-- \/\/ Content -->\n            <\/div>\n            <!-- \/\/ Grid -->\n        <\/div>\n                <!-- Tab Content -->\n                <div class=\"tab-content\" id=\"tab-3\">\n            <!-- Grid -->\n            <div class=\"row row-reverse\">\n                 <!-- Media -->\n                 <div class=\"col-12 col-m-4\">\n                    <img decoding=\"async\" src=\"https:\/\/sa.mashroo3k.com\/wp-content\/uploads\/2021\/09\/\u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629-\u0627\u0644\u0642\u0637\u0627\u0639-\u0627\u0644\u062e\u062f\u0645\u064a-1.jpg\" alt=\"\u0627\u0644\u0645\u0634\u0631\u0648\u0639 \u0643\u0641\u0631\u0635\u0629 \u0627\u0633\u062a\u062b\u0645\u0627\u0631\u064a\u0629\" class=\"fluid\">\n                <\/div>\n                <!-- Content -->\n                <div class=\"col-12 col-m-8 rich-content\">\n                    <div class=\"flex max-w-full flex-col flex-grow\">\r\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"b34d1815-dc55-4346-b1b1-e0926758f568\" data-message-model-slug=\"gpt-4o\">\r\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\r\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\r\n<p data-start=\"0\" data-end=\"71\"><strong>The Service Sector in the Gulf Cooperation Council (GCC) Countries<\/strong><\/p>\r\n<p data-start=\"73\" data-end=\"172\"><strong>According to the macroeconomic theory of sectors, the economy is divided into three main sectors:<\/strong><\/p>\r\n<ol data-start=\"173\" data-end=\"699\">\r\n<li class=\"\" data-start=\"173\" data-end=\"338\">\r\n<p data-start=\"176\" data-end=\"338\">The Primary Sector \u2013 which is based on collecting raw materials and includes industries such as mining, forestry, oil exploration, agriculture, and fishing.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"339\" data-end=\"478\">\r\n<p data-start=\"342\" data-end=\"478\">The Secondary Sector \u2013 which involves goods production and trade, such as automobile manufacturing, furniture, and clothing trade.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"479\" data-end=\"699\">\r\n<p data-start=\"482\" data-end=\"699\">The Tertiary Sector (Service Sector) \u2013 which is responsible for providing and producing services, focusing on intangible offerings such as entertainment, healthcare, transportation, hospitality, and restaurants.<\/p>\r\n<\/li>\r\n<\/ol>\r\n<p data-start=\"701\" data-end=\"986\">This theory suggests that as countries become more developed, their economies become more reliant on the service sector, whereas underdeveloped nations rely primarily on the primary sector. For instance, in the United States, the service sector accounts for 85% of the total economy.<\/p>\r\n<p data-start=\"988\" data-end=\"1010\"><strong>Saudi Arabia<\/strong><\/p>\r\n<p data-start=\"1011\" data-end=\"1340\">The service sector is vast, encompassing wholesale and retail trade, restaurants and hotels, transportation, storage, information and communications, financial and insurance services, real estate and business services, social and personal services, and government services. Key indicators of the sector in Saudi Arabia include:<\/p>\r\n<ul data-start=\"1341\" data-end=\"1881\">\r\n<li class=\"\" data-start=\"1341\" data-end=\"1422\">\r\n<p data-start=\"1343\" data-end=\"1422\">The service sector contributes approximately 48.2% to Saudi Arabia\u2019s GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"1423\" data-end=\"1512\">\r\n<p data-start=\"1425\" data-end=\"1512\">The wholesale, retail, restaurant, and hotel sector contributes 10.8% to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"1513\" data-end=\"1617\">\r\n<p data-start=\"1515\" data-end=\"1617\">The transportation, storage, information, and communications sector contributes 6.6% to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"1618\" data-end=\"1722\">\r\n<p data-start=\"1620\" data-end=\"1722\">The financial, insurance, real estate, and business services sector contributes 6.4% to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"1723\" data-end=\"1812\">\r\n<p data-start=\"1725\" data-end=\"1812\">The social, collective, and personal services sector contributes 2.5% to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"1813\" data-end=\"1881\">\r\n<p data-start=\"1815\" data-end=\"1881\">The government services sector contributes 21.9% to GDP.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p data-start=\"1883\" data-end=\"2259\">In the last year alone, Saudi Arabia issued 100,944 new business licenses, bringing the total number of issued business licenses to 348,173. The wholesale and retail trade sector, along with vehicle repair, dominated new licenses with 48,242 issued, followed by accommodation and food services with 16,531 licenses, and construction with 11,521 licenses.<\/p>\r\n<p data-start=\"2261\" data-end=\"2276\"><strong>Qatar<\/strong><\/p>\r\n<ul data-start=\"2277\" data-end=\"3598\">\r\n<li class=\"\" data-start=\"2277\" data-end=\"2374\">\r\n<p data-start=\"2279\" data-end=\"2374\">The wholesale and retail trade sector in Qatar is valued at 50,083 million Qatari riyals.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2375\" data-end=\"2486\">\r\n<p data-start=\"2377\" data-end=\"2486\">There are 11,139 establishments operating in wholesale and retail trade, employing 213,954 workers.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2487\" data-end=\"2597\">\r\n<p data-start=\"2489\" data-end=\"2597\">Employee compensation in the wholesale and retail sector amounts to 11,288,877 thousand Qatari riyals.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2598\" data-end=\"2710\">\r\n<p data-start=\"2600\" data-end=\"2710\">The hospitality and restaurant sector consists of 2,396 establishments employing 78,194 workers.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2711\" data-end=\"2818\">\r\n<p data-start=\"2713\" data-end=\"2818\">Employee compensation in the hospitality and restaurant sector is 2,947,431 thousand Qatari riyals.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2819\" data-end=\"2952\">\r\n<p data-start=\"2821\" data-end=\"2952\">There are 976,015 mobile phone subscribers in Qatar with standard subscriptions and 2,941,556 prepaid mobile subscribers.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2953\" data-end=\"3015\">\r\n<p data-start=\"2955\" data-end=\"3015\">2,224 kilometers of roads were paved in the past year.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3016\" data-end=\"3071\">\r\n<p data-start=\"3018\" data-end=\"3071\">242,923 driving licenses were issued last year.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3072\" data-end=\"3196\">\r\n<p data-start=\"3074\" data-end=\"3196\">Compensation for employees in the transport and communications sector reached 24,338,223 thousand Qatari riyals.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3197\" data-end=\"3261\">\r\n<p data-start=\"3199\" data-end=\"3261\">715,897 insurance policies were issued in the past year.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3262\" data-end=\"3440\">\r\n<p data-start=\"3264\" data-end=\"3440\">The business services sector comprises 4,973 establishments, employing 215,285 workers, with employee compensation totaling 15,347,819 thousand Qatari riyals.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3441\" data-end=\"3598\">\r\n<p data-start=\"3443\" data-end=\"3598\">The private social and personal services sector employs 80,569 workers, with employee compensation reaching 6,127,645 thousand Qatari riyals.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p data-start=\"3600\" data-end=\"3616\"><strong>Kuwait<\/strong><\/p>\r\n<ul data-start=\"3617\" data-end=\"3999\">\r\n<li class=\"\" data-start=\"3617\" data-end=\"3726\">\r\n<p data-start=\"3619\" data-end=\"3726\">The wholesale and retail trade sector contributes 1,644.3 million Kuwaiti dinars to the national GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3727\" data-end=\"3821\">\r\n<p data-start=\"3729\" data-end=\"3821\">The hospitality and restaurant sector contributes 418.6 million Kuwaiti dinars to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3822\" data-end=\"3930\">\r\n<p data-start=\"3824\" data-end=\"3930\">The transport, storage, and communications sector contributes 2,554.5 million Kuwaiti dinars to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3931\" data-end=\"3999\">\r\n<p data-start=\"3933\" data-end=\"3999\">91,340,068 square meters of roads have been paved in Kuwait.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p data-start=\"4001\" data-end=\"4037\"><strong>United Arab Emirates (UAE)<\/strong><\/p>\r\n<ul data-start=\"4038\" data-end=\"4907\">\r\n<li class=\"\" data-start=\"4038\" data-end=\"4178\">\r\n<p data-start=\"4040\" data-end=\"4178\">The wholesale and retail trade, vehicle repair, and motorcycle repair sector contributes 12.3% to GDP (172,288 million dirhams).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4179\" data-end=\"4278\">\r\n<p data-start=\"4181\" data-end=\"4278\">The transportation and storage sector contributes 5.9% to GDP (82,461 million dirhams).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4279\" data-end=\"4383\">\r\n<p data-start=\"4281\" data-end=\"4383\">The accommodation and food services sector contributes 2.3% to GDP (32,357 million dirhams).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4384\" data-end=\"4487\">\r\n<p data-start=\"4386\" data-end=\"4487\">The information and communications sector contributes 2.9% to GDP (41,347 million dirhams).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4488\" data-end=\"4582\">\r\n<p data-start=\"4490\" data-end=\"4582\">Financial services and insurance contribute 9.6% to GDP (134,773 million dirhams).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4583\" data-end=\"4642\">\r\n<p data-start=\"4585\" data-end=\"4642\">7,584,607 insurance policies were issued last year.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4643\" data-end=\"4740\">\r\n<p data-start=\"4645\" data-end=\"4740\">The wholesale and retail trade sector accounts for 13% of the total workforce in the UAE.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4741\" data-end=\"4823\">\r\n<p data-start=\"4743\" data-end=\"4823\">The transportation and storage sector employs 6.2% of the total workforce.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4824\" data-end=\"4907\">\r\n<p data-start=\"4826\" data-end=\"4907\">The hospitality and food services sector employs 5% of the total workforce.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p data-start=\"4909\" data-end=\"4923\"><strong>Oman<\/strong><\/p>\r\n<ul data-start=\"4924\" data-end=\"5304\">\r\n<li class=\"\" data-start=\"4924\" data-end=\"4978\">\r\n<p data-start=\"4926\" data-end=\"4978\">Oman\u2019s total GDP is 29.3 billion Omani riyals.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4979\" data-end=\"5082\">\r\n<p data-start=\"4981\" data-end=\"5082\">The wholesale and retail trade sector contributes 7% to GDP (2,064.7 million Omani riyals).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"5083\" data-end=\"5186\">\r\n<p data-start=\"5085\" data-end=\"5186\">The hospitality and restaurant sector contributes 1.1% to GDP (308.6 million Omani riyals).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"5187\" data-end=\"5304\">\r\n<p data-start=\"5189\" data-end=\"5304\">The transport, storage, and communications sector contributes 5.9% to GDP (1,721.2 million Omani riyals).<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p data-start=\"5306\" data-end=\"5340\"><strong>The Global Service Sector<\/strong><\/p>\r\n<p data-start=\"5341\" data-end=\"5681\">The service sector is the largest contributor to global GDP, accounting for more than three-fifths of total global output. Unlike the manufacturing sector, which produces tangible goods like automobiles and furniture, the service sector provides intangible offerings such as banking, healthcare, transportation, and entertainment.<\/p>\r\n<ul data-start=\"5683\" data-end=\"6075\" data-is-last-node=\"\" data-is-only-node=\"\">\r\n<li class=\"\" data-start=\"5683\" data-end=\"5758\">\r\n<p data-start=\"5685\" data-end=\"5758\">The global service market was valued at $10,814.49 billion in 2020.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"5759\" data-end=\"5884\">\r\n<p data-start=\"5761\" data-end=\"5884\">By 2021, the market had increased to $11,780.11 billion, achieving an annual compound growth rate (CAGR) of 8.9%.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"5885\" data-end=\"6075\">\r\n<p data-start=\"5887\" data-end=\"6075\">Following the recovery from the COVID-19 pandemic, experts predict that the global service market will reach $15,683.84 billion by 2025, achieving a CAGR of 7% in the coming years.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<div class=\"mb-2 flex gap-3 -ml-2\">\r\n<div class=\"flex items-center justify-start rounded-xl p-1 absolute -mt-1 bg-token-main-surface-primary\">\r\n<div>\r\n<p class=\"flex items-center pointer-events-none opacity-0 transition-opacity group-focus-within\/turn:pointer-events-auto group-focus-within\/turn:opacity-100 group-hover\/turn:pointer-events-auto group-hover\/turn:opacity-100\">\u00a0<\/p>\r\n<\/div>\r\n<\/div>\r\n<\/div>                <\/div>\n                <!-- \/\/ Content -->\n            <\/div>\n            <!-- \/\/ Grid -->\n        <\/div>\n                <!-- Tab Content -->\n                <div class=\"tab-content\" id=\"tab-4\">\n            <!-- Grid -->\n            <div class=\"row\">\n                <!-- Media -->\n                <div class=\"col-12 col-m-4\">\n                    <img decoding=\"async\" src=\"https:\/\/mashroo3k.com\/Test\/wp-content\/uploads\/2022\/08\/\u0646\u0633\u0628\u0629-\u0645\u0633\u0627\u0647\u0645\u0629-\u0627\u0644\u0642\u0637\u0627\u0639-\u0627\u0644\u062e\u062f\u0645\u064a-\u0641\u064a-\u0627\u0644\u0646\u0627\u062a\u062c-\u0627\u0644\u0645\u062d\u0644\u064a-\u0627\u0644\u0625\u062c\u0645\u0627\u0644\u064a-\u0627\u0644\u0639\u0627\u0644\u0645\u064a.jpg\" alt=\"\u0645\u0624\u0634\u0631\u0627\u062a \u0627\u0644\u0645\u0634\u0631\u0648\u0639\" class=\"fluid\">\n                <\/div>\n                <!-- Content -->\n                <div class=\"col-12 col-m-8 rich-content\">\n                    <ul>\r\n<li><strong data-start=\"0\" data-end=\"34\" data-is-only-node=\"\">&#8220;Mashroo3k&#8221; Consulting Company<\/strong> recommends investing in the <strong data-start=\"63\" data-end=\"83\">service industry<\/strong>, as its contribution to the global GDP has increased from <strong data-start=\"142\" data-end=\"159\">62.8% in 2010<\/strong> to <strong data-start=\"163\" data-end=\"180\">65.7% in 2020<\/strong>. According to <strong data-start=\"195\" data-end=\"214\">World Bank data<\/strong>, this industry&#8217;s share in global GDP is expected to rise to <strong data-start=\"275\" data-end=\"292\">69.6% by 2030<\/strong>.<\/li>\r\n<\/ul>                <\/div>\n                <!-- \/\/ Content -->\n            <\/div>\n            <!-- \/\/ Grid -->\n        <\/div>\n                <!-- \/\/ Tab Content -->\n    <\/div>\n    <!-- \/\/ Tabs Wraper -->\n<\/div>\n<!-- \/\/ Study Subjects -->\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":16384,"template":"","studies-categories":[57],"studies-tags":[],"yst_prominent_words":[],"class_list":["post-17250","studies","type-studies","status-publish","has-post-thumbnail","hentry","studies-categories-service-and-commercial-sector"],"_links":{"self":[{"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies\/17250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies"}],"about":[{"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/types\/studies"}],"version-history":[{"count":2,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies\/17250\/revisions"}],"predecessor-version":[{"id":17487,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies\/17250\/revisions\/17487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/media\/16384"}],"wp:attachment":[{"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/media?parent=17250"}],"wp:term":[{"taxonomy":"studies-categories","embeddable":true,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies-categories?post=17250"},{"taxonomy":"studies-tags","embeddable":true,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies-tags?post=17250"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=17250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}