Close Menu
The Oasis Report
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Market
  • Opinion
  • Saudi Arabia
  • Startups
What's Hot

Oil Falls Nearly 4% as Iran’s Retaliation Focuses on Regional US Military Bases

June 23, 2025

Real estate stocks bolster the Dubai market despite conflict

June 23, 2025

Oil markets react to Iran strikes: Nothing to see here – yet

June 23, 2025
Facebook X (Twitter) Instagram
Trending
  • Oil Falls Nearly 4% as Iran’s Retaliation Focuses on Regional US Military Bases
  • Real estate stocks bolster the Dubai market despite conflict
  • Oil markets react to Iran strikes: Nothing to see here – yet
  • EU Needs Rare Earths Strategic Reserves against China Threat
  • From JAECOO 7 to JAECOO 5: JAECOO revolutionizes Saudi Mobility Experience with a Comprehensive Product Matrix
  • Iran-Israel Tensions Threaten Global Trade, Energy Security
  • Special report: Sustainable finance in Egypt
  • Oman sovereign fund’s assets increased to $53bn in 2024
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
The Oasis ReportThe Oasis Report
Tuesday, June 24
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Market
  • Opinion
  • Saudi Arabia
  • Startups
The Oasis Report
Home » Riyadh Sees Surge in Business Activity Ahead of Eid al-Fitr

Riyadh Sees Surge in Business Activity Ahead of Eid al-Fitr

adminBy adminMarch 27, 2025 Startups No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


In the final ten nights of Ramadan, as Eid al-Fitr draws near, Riyadh transforms into a bustling hive of activity. Shops see an increase in foot traffic, and the streets become crowded, reflecting the anticipation and excitement of families preparing for the upcoming celebration.

As Eid approaches, families race to stores to purchase new clothes, decorations, gifts, and everything else that adds to the festive atmosphere.

In a familiar scene, many stores extend their working hours to 24 hours a day to accommodate the growing influx of shoppers, with merchants viewing this season as a golden opportunity to boost sales, particularly in textiles, footwear, home appliances, and sweets.

This bustling commercial activity not only benefits stores but also contributes to supporting the national economy.

Meanwhile, the transportation sector is also experiencing a surge in activity, as many families travel to their hometowns to prepare for the holiday. Hotel and rest house bookings are rising, especially with the growing demand to spend Eid vacation in these pleasant surroundings.

Eid preparations in Saudi Arabia go beyond shopping; they also include getting homes ready to welcome guests and preparing traditional dishes that define each household.

Eid in the kingdom is not only a religious occasion but also an opportunity to strengthen family bonds and connections, as relatives and friends come together to exchange greetings and celebrate.

Economic analyst Rowan bin Rubayan told Asharq Al-Awsat that Riyadh’s markets are witnessing an exceptional consumption season as Eid al-Fitr approaches.

Shoppers are flocking to a wide range of sectors, with the most notable being fashion, food, and sweets. The hospitality, restaurant, entertainment, and domestic tourism sectors are also benefiting from this boom, as are transportation and delivery services, which are experiencing significant growth due to increased demand.

Bin Rubayan highlighted that promotional offers play a key role in driving sales, with stores relying on discounts and free gifts to attract shoppers during the holiday season.

Economic expert and King Abdulaziz University academic Dr. Salem Baajaja told Asharq Al-Awsat that Riyadh experiences a significant commercial boom during the last ten days of Ramadan, leading to a noticeable surge in market activity.

Baajaja explained that, as the most populous city in the kingdom, Riyadh sees a sharp increase in demand for goods, prompting stores to operate around the clock to meet the ongoing influx of shoppers.

This surge has had a positive impact on commercial revenues, contributing to the overall growth of the national economy.

In conclusion, Eid al-Fitr is not just the end of the fasting month; it is a season of joy that strengthens family ties in a spirit of love and solidarity.

Streets are adorned with decorations, homes are lit up, and parks are filled with families, while entertainment events and festive shows add a special touch of happiness, completing the Eid celebration with a sense of unity and joy.



Source link

admin
  • Website

Keep Reading

Oil Falls Nearly 4% as Iran’s Retaliation Focuses on Regional US Military Bases

EU Needs Rare Earths Strategic Reserves against China Threat

Iran-Israel Tensions Threaten Global Trade, Energy Security

World Bank Warns of Long-Term Fallout from Regional Conflict

Yemen’s Fragile Economy Feels the Heat of Iran-Israel Conflict

Oil Prices Spike after US Strikes on Iran

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Real estate stocks bolster the Dubai market despite conflict

June 23, 2025

Special report: Sustainable finance in Egypt

June 23, 2025

Oman sovereign fund’s assets increased to $53bn in 2024

June 23, 2025

Kuwait to issue $6.6bn bonds despite regional conflict

June 23, 2025
Latest Posts

Where are investors putting money?

June 18, 2025

Oil prices on track for solid weekly gains as China and U.S. resume trade talks

June 6, 2025

Oil slips on U.S. stockpile build, Saudi Arabia price cuts

June 5, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to The Oasis Report, your trusted source for the latest news and insights on startups, markets, business, economy, and finance in Saudi Arabia. We are dedicated to providing timely, accurate, and in-depth coverage of the ever-evolving financial and business landscape in the region.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

© 2025 theoasisreport. Designed by TeraSolutions.io

Type above and press Enter to search. Press Esc to cancel.