Riyadh Business Centre

· 4 min read
Riyadh Business Centre

The summer of 2018 has been extraordinary for aviation; in particular, it's been an exciting time for the Kingdom of Saudi Arabia. The country recently held its maiden international airshow, featuring the most advanced aircraft ever made in aviation history. It's also been an eventful year for the UK, with several important anniversaries that warrant celebration. One of the most notable is the 100-year anniversary of the Trenchless Technology, which provides a glimpse into the significant role that the UK has played in shaping modern-day development. As part of the centenary celebrations, Google Doodle honoured the life and legacy of John Trenchless, an English inventor who spent much of his career living and working in India. In 1918, Trenchless invented the mobile bathroom, a device that would prove to be indispensible in areas with no water supply, such as aircraft and naval ships at sea. The invention allowed soldiers to wash and clean themselves without stopping to don't waste time waiting for water to flow. Because of this significant contribution, Trenchless has been credited with being the "father of wearable toilets" that are now commonplace in first-world nations.

Why invest in a plumbing  ورشة سمكرة في الرياض  in Riyadh?

Whether you're an experienced plumber or have years of experience under your belt, every professional knows that setting up and running a successful plumbing business takes hard work, dedication and a strong work ethic. If you're looking to make a long-term business investment in Saudi Arabia, it's well worth considering setting up a plumbing shop there. The country is rich in natural resources, including oil and natural gas, which are valuable assets that can be monetised. Additionally, the construction and infrastructure industries in the country are growing at a phenomenal rate, meaning there's a lot of work for you to do. A plumbing workshop in Riyadh is a great place to start your own business, and with the right support network in place, you'll have little trouble attracting and retaining qualified staff.

Riyadh: a hub for business and trade

The summer of 2018 has seen massive unrest in various parts of the world, including the UK, with many businesses suffering as a result. The effects of the pandemic were compounded by Brexit uncertainty, which prompted many firms to shift their activities abroad in search of low-cost labour and more flexible working conditions. Riyadh is one of the most important cities in the Middle East for business and commerce, meaning there's an abundance of opportunities for those considering a move there. The Custodian of the Two Holy Mosques, King Salman, and the Governor of Riyadh, Prince Mohammed bin Salman, recently agreed to create a special economic zone within the country. Dubbed the Future Investment Initiative, the zone will feature a fully functioning free-trade area and an independent judiciary. In line with this, and in a bid to provide support and guidance to businesses looking to set up in the city, the Saudi British Business Council (SABIC) founded the Riyadh Business Centre (RBC) earlier this year.

The RBC is a leading UK-owned firm that provides business services to entrepreneurs and companies in the city. The business support services provided by the RBC include business guidance, networking opportunities, introductions to potential employees and partners, among other things. The aim of the RBC is to offer something for everyone who's considering making Riyadh their home, giving you the best of both worlds: the cosmopolitan attractions of the city coupled with the peace and security that comes with living and working in an Islamic country. The RBC is also committed to being as environmentally friendly as possible, striving for zero waste and recycling where possible. The organisation actively encourages employees to walk and cycle to work, and has a fully stocked communal fridge in the office, so employees can bring in their own food to eat. Needless to say, the environmental benefits of the zero-waste strategy are innumerable.

A Mecca for traders and bargain hunters

Mecca is often cited as the most important city in the world for pilgrimage, with a significant number of individuals travelling there from around the globe each year. Traditionally, the annual Hajj pilgrimage is held in September, with thousands of Muslims congregating in the city for the event. In 2019, however, the Hajj pilgrimage will be held later in the year, meaning you have a whole summer of shopping opportunities in the city. If you're looking for a bargain, Mecca is the place to be. The city's souq (marketplace) is a Mecca for traders who arrive from around the world every year for the annual bazaar. The souq features a huge variety of products, including clothing, shoes, jewellery and more, and you'll find everything at very affordable prices. Even more impressively, most of the vendors in the souq will offer good discounts to pilgrims, making the whole experience of a Muslim pilgrimage completely free of charge.

An investment opportunity to make a difference

The Kingdom of Saudi Arabia is a relatively new state, having gained its independence from the United Kingdom in 1932. In recent years, the country has undertaken a major redevelopment programme, focusing on providing essential infrastructure, including housing, roads and medical care. In 2018, Saudi Arabia's GDP growth was 3.2%, well above the global average of 1.7%. The country is also well-positioned to become a major investor in Europe, due to its significant petrochemical industry and growing demands for oil and gas. Much of the existing infrastructure in Europe could be upgraded and extended to accommodate growing oil and gas production in the country, providing valuable opportunities for investors.