{"id":17302,"date":"2021-09-08T14:40:45","date_gmt":"2021-09-08T11:40:45","guid":{"rendered":"https:\/\/ye.mashroo3k.com\/studies\/%d9%85%d8%b9%d8%b1%d8%b6-%d8%a3%d8%ab%d8%a7%d8%ab\/"},"modified":"2025-03-22T15:27:52","modified_gmt":"2025-03-22T12:27:52","slug":"%d9%85%d8%b9%d8%b1%d8%b6-%d8%a3%d8%ab%d8%a7%d8%ab","status":"publish","type":"studies","link":"https:\/\/ye.mashroo3k.com\/en\/studies\/%d9%85%d8%b9%d8%b1%d8%b6-%d8%a3%d8%ab%d8%a7%d8%ab\/","title":{"rendered":"Furniture showroom"},"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=\"Furniture showroom\" class=\"responsive-element media-element \" data-src=\"https:\/\/ye.mashroo3k.com\/wp-content\/uploads\/2021\/12\/\u0645\u0639\u0631\u0636-\u0623\u062b\u0627\u062b-\u0645\u0646\u0632\u0644\u064a-\u0648\u0645\u0643\u062a\u0628\u064a.png\"><\/a>\n        <\/div>\n        <!-- Content -->\n        <div class=\"col-12 col-m-7 rich-content\">\n            <h2>Furniture showroom<\/h2>\n                        <p>It is an exhibition for office and home furniture, where the exhibition sells ready-made home furniture, accessories, kitchen equipment, living room sets and bedrooms by offering a wide range of home furniture products with distinctive designs and reasonable prices, while ensuring the quality and efficiency of the furniture.<\/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=\"1000000\" data-sign=\" YER\"><\/strong><\/h3>            <!-- Item -->\n            <h3 class=\"info-item col-auto\">Rate of return <strong data-counter=\"41\" data-sign=\"%\"><\/strong><\/h3>            <!-- Item -->\n                        <!-- Item -->\n                        <!-- Item -->\n                        <!-- Item -->\n            <h3 class=\"info-item col-auto\">Payback period <strong >Two and a half years<\/strong><\/h3>        <\/div>\n        <!-- Info Bar -->\n    <\/div>\n    <!-- \/\/ Grid -->\n<\/div>\n\n\n\n<div class=\"wp-block-tornado-description-sec 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\/2021\/12\/\u0645\u0639\u0631\u0636-\u0623\u062b\u0627\u062b-\u0645\u0646\u0632\u0644\u064a-\u0648\u0645\u0643\u062a\u0628\u064a.png\" alt=\"Furniture Showroom Project Description\" class=\"fluid\"\/><\/div><div class=\"col-12 col-m-8 rich-content\"><h2>Furniture Showroom Project Description<\/h2><p>The Furniture Showroom Project provides home and office furniture sales services at competitive prices. Home and office furniture are popular commodities that have witnessed significant demand in recent years in Yemen. Therefore, Mashro3ak Company&#8217;s consultants develop several plans to enhance the project&#8217;s competitive advantages.<\/p><p>Mashroo3k Economic Consulting Company provides investors interested in investing in a furniture showroom project in Yemen with a set of specialized feasibility studies based on updated databases specific to the Yemeni market. This helps ensure the project&#8217;s success, achieves the highest return on investment, and provides the best payback period. This is achieved through a series of in-depth studies of the size of the Yemeni market, an analysis of the strategies of local and foreign competitors, and the ability to provide competitive pricing.<\/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\/2021\/12\/\u0645\u0639\u0631\u0636-\u0623\u062b\u0627\u062b-\u0645\u0646\u0632\u0644\u064a-\u0648\u0645\u0643\u062a\u0628\u064a-1.png\" alt=\"Furniture Showroom Services\" class=\"fluid\"\/><\/div><div class=\"col-12 col-m-8 rich-content\"><h2>Furniture Showroom Services<\/h2><p class=\" desc1\">Ready-made home furniture.&lt;br>Accessories.&lt;br>Kitchen furnishings.&lt;br>Sitting rooms.&lt;br>Bedrooms.<\/p><\/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\/2021\/12\/\u0645\u0639\u0631\u0636-\u0623\u062b\u0627\u062b-\u0645\u0646\u0632\u0644\u064a-\u0648\u0645\u0643\u062a\u0628\u064a.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>The imported materials used are of high quality.<br \/>Durability is derived from the materials used.<br \/>The product&#8217;s ability to withstand the conditions it encounters during use is enhanced.<br \/>Modern designs.<\/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:\/\/mashroo3k.com\/Test\/wp-content\/uploads\/2018\/02\/\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                    <h2 class=\"\" data-start=\"0\" data-end=\"71\">The Service Sector in the Gulf Cooperation Council (GCC) Countries<\/h2>\r\n<p class=\"\" data-start=\"73\" data-end=\"172\">According to the macroeconomic theory of sectors, the economy is divided into three main sectors:<\/p>\r\n<ol data-start=\"173\" data-end=\"699\">\r\n<li class=\"\" data-start=\"173\" data-end=\"338\">\r\n<p class=\"\" data-start=\"176\" data-end=\"338\"><strong data-start=\"176\" data-end=\"198\">The Primary Sector<\/strong> \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 class=\"\" data-start=\"342\" data-end=\"478\"><strong data-start=\"342\" data-end=\"366\">The Secondary Sector<\/strong> \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 class=\"\" data-start=\"482\" data-end=\"699\"><strong data-start=\"482\" data-end=\"522\">The Tertiary Sector (Service Sector)<\/strong> \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 class=\"\" 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<h3 class=\"\" data-start=\"988\" data-end=\"1010\"><strong data-start=\"992\" data-end=\"1008\">Saudi Arabia<\/strong><\/h3>\r\n<p class=\"\" 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 class=\"\" data-start=\"1343\" data-end=\"1422\">The service sector contributes approximately <strong data-start=\"1388\" data-end=\"1397\">48.2%<\/strong> to Saudi Arabia\u2019s GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"1423\" data-end=\"1512\">\r\n<p class=\"\" data-start=\"1425\" data-end=\"1512\">The <strong data-start=\"1429\" data-end=\"1473\">wholesale, retail, restaurant, and hotel<\/strong> sector contributes <strong data-start=\"1493\" data-end=\"1502\">10.8%<\/strong> to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"1513\" data-end=\"1617\">\r\n<p class=\"\" data-start=\"1515\" data-end=\"1617\">The <strong data-start=\"1519\" data-end=\"1579\">transportation, storage, information, and communications<\/strong> sector contributes <strong data-start=\"1599\" data-end=\"1607\">6.6%<\/strong> to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"1618\" data-end=\"1722\">\r\n<p class=\"\" data-start=\"1620\" data-end=\"1722\">The <strong data-start=\"1624\" data-end=\"1684\">financial, insurance, real estate, and business services<\/strong> sector contributes <strong data-start=\"1704\" data-end=\"1712\">6.4%<\/strong> to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"1723\" data-end=\"1812\">\r\n<p class=\"\" data-start=\"1725\" data-end=\"1812\">The <strong data-start=\"1729\" data-end=\"1774\">social, collective, and personal services<\/strong> sector contributes <strong data-start=\"1794\" data-end=\"1802\">2.5%<\/strong> to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"1813\" data-end=\"1881\">\r\n<p class=\"\" data-start=\"1815\" data-end=\"1881\">The <strong data-start=\"1819\" data-end=\"1842\">government services<\/strong> sector contributes <strong data-start=\"1862\" data-end=\"1871\">21.9%<\/strong> to GDP.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p class=\"\" data-start=\"1883\" data-end=\"2259\">In the last year alone, Saudi Arabia issued <strong data-start=\"1927\" data-end=\"1960\">100,944 new business licenses<\/strong>, bringing the total number of issued business licenses to <strong data-start=\"2019\" data-end=\"2030\">348,173<\/strong>. The wholesale and retail trade sector, along with vehicle repair, dominated new licenses with <strong data-start=\"2126\" data-end=\"2136\">48,242<\/strong> issued, followed by accommodation and food services with <strong data-start=\"2194\" data-end=\"2204\">16,531<\/strong> licenses, and construction with <strong data-start=\"2237\" data-end=\"2247\">11,521<\/strong> licenses.<\/p>\r\n<h3 class=\"\" data-start=\"2261\" data-end=\"2276\"><strong data-start=\"2265\" data-end=\"2274\">Qatar<\/strong><\/h3>\r\n<ul data-start=\"2277\" data-end=\"3598\">\r\n<li class=\"\" data-start=\"2277\" data-end=\"2374\">\r\n<p class=\"\" data-start=\"2279\" data-end=\"2374\">The wholesale and retail trade sector in Qatar is valued at <strong data-start=\"2339\" data-end=\"2371\">50,083 million Qatari riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2375\" data-end=\"2486\">\r\n<p class=\"\" data-start=\"2377\" data-end=\"2486\">There are <strong data-start=\"2387\" data-end=\"2412\">11,139 establishments<\/strong> operating in wholesale and retail trade, employing <strong data-start=\"2464\" data-end=\"2483\">213,954 workers<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2487\" data-end=\"2597\">\r\n<p class=\"\" data-start=\"2489\" data-end=\"2597\">Employee compensation in the wholesale and retail sector amounts to <strong data-start=\"2557\" data-end=\"2594\">11,288,877 thousand Qatari riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2598\" data-end=\"2710\">\r\n<p class=\"\" data-start=\"2600\" data-end=\"2710\">The <strong data-start=\"2604\" data-end=\"2634\">hospitality and restaurant<\/strong> sector consists of <strong data-start=\"2654\" data-end=\"2678\">2,396 establishments<\/strong> employing <strong data-start=\"2689\" data-end=\"2707\">78,194 workers<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2711\" data-end=\"2818\">\r\n<p class=\"\" data-start=\"2713\" data-end=\"2818\">Employee compensation in the hospitality and restaurant sector is <strong data-start=\"2779\" data-end=\"2815\">2,947,431 thousand Qatari riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2819\" data-end=\"2952\">\r\n<p class=\"\" data-start=\"2821\" data-end=\"2952\">There are <strong data-start=\"2831\" data-end=\"2867\">976,015 mobile phone subscribers<\/strong> in Qatar with standard subscriptions and <strong data-start=\"2909\" data-end=\"2949\">2,941,556 prepaid mobile subscribers<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"2953\" data-end=\"3015\">\r\n<p class=\"\" data-start=\"2955\" data-end=\"3015\"><strong data-start=\"2955\" data-end=\"2975\">2,224 kilometers<\/strong> 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 class=\"\" data-start=\"3018\" data-end=\"3071\"><strong data-start=\"3018\" data-end=\"3046\">242,923 driving licenses<\/strong> were issued last year.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3072\" data-end=\"3196\">\r\n<p class=\"\" data-start=\"3074\" data-end=\"3196\">Compensation for employees in the <strong data-start=\"3108\" data-end=\"3140\">transport and communications<\/strong> sector reached <strong data-start=\"3156\" data-end=\"3193\">24,338,223 thousand Qatari riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3197\" data-end=\"3261\">\r\n<p class=\"\" data-start=\"3199\" data-end=\"3261\"><strong data-start=\"3199\" data-end=\"3229\">715,897 insurance policies<\/strong> were issued in the past year.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3262\" data-end=\"3440\">\r\n<p class=\"\" data-start=\"3264\" data-end=\"3440\">The <strong data-start=\"3268\" data-end=\"3289\">business services<\/strong> sector comprises <strong data-start=\"3307\" data-end=\"3331\">4,973 establishments<\/strong>, employing <strong data-start=\"3343\" data-end=\"3362\">215,285 workers<\/strong>, with employee compensation totaling <strong data-start=\"3400\" data-end=\"3437\">15,347,819 thousand Qatari riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3441\" data-end=\"3598\">\r\n<p class=\"\" data-start=\"3443\" data-end=\"3598\">The <strong data-start=\"3447\" data-end=\"3487\">private social and personal services<\/strong> sector employs <strong data-start=\"3503\" data-end=\"3521\">80,569 workers<\/strong>, with employee compensation reaching <strong data-start=\"3559\" data-end=\"3595\">6,127,645 thousand Qatari riyals<\/strong>.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<h3 class=\"\" data-start=\"3600\" data-end=\"3616\"><strong data-start=\"3604\" data-end=\"3614\">Kuwait<\/strong><\/h3>\r\n<ul data-start=\"3617\" data-end=\"3999\">\r\n<li class=\"\" data-start=\"3617\" data-end=\"3726\">\r\n<p class=\"\" data-start=\"3619\" data-end=\"3726\">The wholesale and retail trade sector contributes <strong data-start=\"3669\" data-end=\"3703\">1,644.3 million Kuwaiti dinars<\/strong> to the national GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3727\" data-end=\"3821\">\r\n<p class=\"\" data-start=\"3729\" data-end=\"3821\">The hospitality and restaurant sector contributes <strong data-start=\"3779\" data-end=\"3811\">418.6 million Kuwaiti dinars<\/strong> to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3822\" data-end=\"3930\">\r\n<p class=\"\" data-start=\"3824\" data-end=\"3930\">The transport, storage, and communications sector contributes <strong data-start=\"3886\" data-end=\"3920\">2,554.5 million Kuwaiti dinars<\/strong> to GDP.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"3931\" data-end=\"3999\">\r\n<p class=\"\" data-start=\"3933\" data-end=\"3999\"><strong data-start=\"3933\" data-end=\"3961\">91,340,068 square meters<\/strong> of roads have been paved in Kuwait.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<h3 class=\"\" data-start=\"4001\" data-end=\"4037\"><strong data-start=\"4005\" data-end=\"4035\">United Arab Emirates (UAE)<\/strong><\/h3>\r\n<ul data-start=\"4038\" data-end=\"4907\">\r\n<li class=\"\" data-start=\"4038\" data-end=\"4178\">\r\n<p class=\"\" data-start=\"4040\" data-end=\"4178\">The wholesale and retail trade, vehicle repair, and motorcycle repair sector contributes <strong data-start=\"4129\" data-end=\"4138\">12.3%<\/strong> to GDP (<strong data-start=\"4147\" data-end=\"4174\">172,288 million dirhams<\/strong>).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4179\" data-end=\"4278\">\r\n<p class=\"\" data-start=\"4181\" data-end=\"4278\">The transportation and storage sector contributes <strong data-start=\"4231\" data-end=\"4239\">5.9%<\/strong> to GDP (<strong data-start=\"4248\" data-end=\"4274\">82,461 million dirhams<\/strong>).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4279\" data-end=\"4383\">\r\n<p class=\"\" data-start=\"4281\" data-end=\"4383\">The accommodation and food services sector contributes <strong data-start=\"4336\" data-end=\"4344\">2.3%<\/strong> to GDP (<strong data-start=\"4353\" data-end=\"4379\">32,357 million dirhams<\/strong>).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4384\" data-end=\"4487\">\r\n<p class=\"\" data-start=\"4386\" data-end=\"4487\">The information and communications sector contributes <strong data-start=\"4440\" data-end=\"4448\">2.9%<\/strong> to GDP (<strong data-start=\"4457\" data-end=\"4483\">41,347 million dirhams<\/strong>).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4488\" data-end=\"4582\">\r\n<p class=\"\" data-start=\"4490\" data-end=\"4582\">Financial services and insurance contribute <strong data-start=\"4534\" data-end=\"4542\">9.6%<\/strong> to GDP (<strong data-start=\"4551\" data-end=\"4578\">134,773 million dirhams<\/strong>).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4583\" data-end=\"4642\">\r\n<p class=\"\" data-start=\"4585\" data-end=\"4642\"><strong data-start=\"4585\" data-end=\"4617\">7,584,607 insurance policies<\/strong> were issued last year.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4643\" data-end=\"4740\">\r\n<p class=\"\" data-start=\"4645\" data-end=\"4740\">The wholesale and retail trade sector accounts for <strong data-start=\"4696\" data-end=\"4726\">13% of the total workforce<\/strong> in the UAE.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4741\" data-end=\"4823\">\r\n<p class=\"\" data-start=\"4743\" data-end=\"4823\">The transportation and storage sector employs <strong data-start=\"4789\" data-end=\"4820\">6.2% of the total workforce<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4824\" data-end=\"4907\">\r\n<p class=\"\" data-start=\"4826\" data-end=\"4907\">The hospitality and food services sector employs <strong data-start=\"4875\" data-end=\"4904\">5% of the total workforce<\/strong>.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<h3 class=\"\" data-start=\"4909\" data-end=\"4923\"><strong data-start=\"4913\" data-end=\"4921\">Oman<\/strong><\/h3>\r\n<ul data-start=\"4924\" data-end=\"5304\">\r\n<li class=\"\" data-start=\"4924\" data-end=\"4978\">\r\n<p class=\"\" data-start=\"4926\" data-end=\"4978\">Oman\u2019s total GDP is <strong data-start=\"4946\" data-end=\"4975\">29.3 billion Omani riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"4979\" data-end=\"5082\">\r\n<p class=\"\" data-start=\"4981\" data-end=\"5082\">The wholesale and retail trade sector contributes <strong data-start=\"5031\" data-end=\"5037\">7%<\/strong> to GDP (<strong data-start=\"5046\" data-end=\"5078\">2,064.7 million Omani riyals<\/strong>).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"5083\" data-end=\"5186\">\r\n<p class=\"\" data-start=\"5085\" data-end=\"5186\">The hospitality and restaurant sector contributes <strong data-start=\"5135\" data-end=\"5143\">1.1%<\/strong> to GDP (<strong data-start=\"5152\" data-end=\"5182\">308.6 million Omani riyals<\/strong>).<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"5187\" data-end=\"5304\">\r\n<p class=\"\" data-start=\"5189\" data-end=\"5304\">The transport, storage, and communications sector contributes <strong data-start=\"5251\" data-end=\"5259\">5.9%<\/strong> to GDP (<strong data-start=\"5268\" data-end=\"5300\">1,721.2 million Omani riyals<\/strong>).<\/p>\r\n<\/li>\r\n<\/ul>\r\n<h2 class=\"\" data-start=\"5306\" data-end=\"5340\"><strong data-start=\"5309\" data-end=\"5338\">The Global Service Sector<\/strong><\/h2>\r\n<p class=\"\" data-start=\"5341\" data-end=\"5681\">The service sector is the largest contributor to global GDP, accounting for more than <strong data-start=\"5427\" data-end=\"5443\">three-fifths<\/strong> of total global output. Unlike the manufacturing sector, which produces tangible goods like automobiles and furniture, the service sector provides <strong data-start=\"5591\" data-end=\"5615\">intangible offerings<\/strong> 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 class=\"\" data-start=\"5685\" data-end=\"5758\">The global service market was valued at <strong data-start=\"5725\" data-end=\"5747\">$10,814.49 billion<\/strong> in 2020.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"5759\" data-end=\"5884\">\r\n<p class=\"\" data-start=\"5761\" data-end=\"5884\">By 2021, the market had increased to <strong data-start=\"5798\" data-end=\"5820\">$11,780.11 billion<\/strong>, achieving an annual compound growth rate (CAGR) of <strong data-start=\"5873\" data-end=\"5881\">8.9%<\/strong>.<\/p>\r\n<\/li>\r\n<li class=\"\" data-start=\"5885\" data-end=\"6075\">\r\n<p class=\"\" data-start=\"5887\" data-end=\"6075\">Following the recovery from the COVID-19 pandemic, experts predict that the global service market will reach <strong data-start=\"5996\" data-end=\"6018\">$15,683.84 billion<\/strong> by 2025, achieving a CAGR of <strong data-start=\"6048\" data-end=\"6054\">7%<\/strong> in the coming years.<\/p>\r\n<\/li>\r\n<\/ul>                <\/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":16133,"template":"","studies-categories":[57],"studies-tags":[794],"yst_prominent_words":[],"class_list":["post-17302","studies","type-studies","status-publish","has-post-thumbnail","hentry","studies-categories-service-and-commercial-sector","studies-tags---en"],"_links":{"self":[{"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies\/17302","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\/17302\/revisions"}],"predecessor-version":[{"id":17359,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies\/17302\/revisions\/17359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/media\/16133"}],"wp:attachment":[{"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/media?parent=17302"}],"wp:term":[{"taxonomy":"studies-categories","embeddable":true,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies-categories?post=17302"},{"taxonomy":"studies-tags","embeddable":true,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies-tags?post=17302"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/ye.mashroo3k.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=17302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}