Riyadh, Saudi Arabia – 22 March 2022: Hosted in partnership with the Saudi Conventions and Exhibitions General Authority (SCEGA), the Retail Leaders Circle MENA Summit, the world's foremost strategic forum for the global retail industry, opened today for a successful day of talks, workshops and networking at the Hotel Fairmont Riyadh.
Commenting on the opening of the Summit, Mr. Amjad Shacker, acting CEO of SCEGA, said "The hosting of the Retail Leaders Circle MENA Summit in Riyadh this week is a testament to the strong potential of the retail market in the Kingdom. Today we have welcomed public officials, retailers, start-ups and emerging brands to discuss how we can build together responsible and inclusive growth within the Kingdom, and beyond."
"This year, Saudi Arabia's retail market is expected to grow by 20% while the value of ecommerce is expected to more than double, driven by our young, dynamic, and tech-savvy population. Therefore, it is crucial to host leading international conferences such as The Retail Leaders Circle MENA Summit to ensure the sustainable growth of this key sector, aligned with the Saudi Vision 2030," added Shacker.
Joining the opening of the summit with a keynote speech was the Deputy Minister of Industry and Mineral Resources, H.E. Eng. Osama bin Abdulaziz Alzamil.
Commenting on the event, the Chairman of the Retail Leaders Circle, Panos Linardos, said: "We chose Riyadh as the location for the 8th edition of the Retail Leaders Circle MENA Summit because of the phenomenal growth and resilience demonstrated by the retail industry within the Kingdom in recent years. We launched this international business event to facilitate learning, collaboration at scale and watching the discussions today between government officials, market leaders and regional start-ups, I believe we are delivering on our promise to reinvent the industry norms in real-time."
The 2022 Summit introduced new and ground-breaking programs, on-site initiatives and live experiences aimed to facilitate learning, collaboration and partnerships at scale and reinvent the industry norms in real-time.
To learn more about the summit, visit https://mena.retailleaderscircle.com/
