• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Monday, April 20, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

Pakistani Firms Make Strides at Jeddah Hospitality Expo Amid Saudi Tourism Boom

by Web Desk
August 24, 2024
in Business, New, News, Pakistan
0
Pakistani Firms Make Strides at Jeddah Hospitality Expo Amid Saudi Tourism Boom

Pakistani Firms Make Strides at Jeddah Hospitality Expo Amid Saudi Tourism Boom

46
SHARES
4.6k
VIEWS
Share on FacebookX

Eleven Pakistani companies showcased their textile products at the Hotel Supply and Hospitality Exhibition in Jeddah, held from August 19-21, 2024, receiving a positive response and securing promising business leads in Saudi Arabia’s expanding travel and tourism sector.

The three-day event attracted participants from around the world, with Pakistani firms presenting bed linen, towels, home furnishings, and hotel supplies. Muhammad Asim Shah, President of the All Pakistan Bedsheet and Upholstery Manufacturers Association, highlighted the strong interest from Saudi companies, expecting the leads to mature into business deals after further discussions.

Saudi Arabia’s booming tourism sector, driven by Vision 2030, has led to increased demand for hotel supplies. The World Travel and Tourism Council reported that the sector grew by over 32% in 2023, contributing $118.4 billion to the kingdom’s GDP. Saudi Arabia welcomed 100 million tourists last year, surpassing its Vision 2030 target early. This has led to plans for 20,000 new hotels and 500,000 rooms, presenting significant opportunities for Pakistani businesses.

Shah emphasized that the expo laid the groundwork for future deals through meetings and sample sharing, noting the potential to convert these opportunities into tangible orders. He praised the Pakistani mission in Jeddah for facilitating business-to-business (B2B) meetings.

Pakistani firms, which have traditionally focused on European and Western markets, are now recognizing the vast opportunities in Saudi Arabia. Trade Consular Fahad Chaudhry confirmed that several business deals were initiated, and trial orders are being placed for the Saudi hotel industry. Chaudhry emphasized the long-term impact of Pakistan’s participation in the exhibition, which is expected to significantly boost the country’s exports to Saudi Arabia’s hospitality sector, a market worth approximately $11 billion in textile imports, compared to Pakistan’s $350 million share.

Tags: latestPakistan
Web Desk

Web Desk

Related Posts

Aurangzeb lauds Beijing’s support for Pakistan’s IMF programme during meeting with Chinese counterpart

Aurangzeb lauds Beijing’s support for Pakistan’s IMF programme during meeting with Chinese counterpart

by Web Desk
April 17, 2026
0

Finance Minister Muhammad Aurangzeb met with China’s Finance Minister Lan Fo’an on the sidelines of the World Bank–IMF Spring Meetings...

Saudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028

Saudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028

by Web Desk
April 15, 2026
0

WASHINGTON: Saudi Arabia has pledged an additional $3 billion in deposits for Pakistan and extended its existing $5 billion facility...

Aurangzeb says ‘all options on table’ to replace UAE’s $3.5bn loan, weighs strategic fuel reserve

Aurangzeb says ‘all options on table’ to replace UAE’s $3.5bn loan, weighs strategic fuel reserve

by Web Desk
April 14, 2026
0

Pakistan is exploring multiple financing options, including Eurobonds, loans from friendly countries, and commercial borrowing, to replace a $3.5 billion...

Fitch affirms Pakistan’s credit rating at ‘B-’

Fitch affirms Pakistan’s credit rating at ‘B-’

by Web Desk
April 13, 2026
0

ISLAMABAD: Fitch Ratings has affirmed Pakistan’s long-term foreign currency Issuer Default Rating (IDR) at ‘B-’ with a stable outlook, citing...

Aurangzeb arrives in Washington for IMF, World Bank spring meetings

Aurangzeb arrives in Washington for IMF, World Bank spring meetings

by Web Desk
April 13, 2026
0

Finance Minister Muhammad Aurangzeb arrived in Washington on Monday to participate in the World Bank Group and International Monetary Fund...

Pak-Turkiye relations rapidly moving towards economic partnership: PM

Pak-Turkiye relations rapidly moving towards economic partnership: PM

by Web Desk
April 7, 2026
0

Prime Minister Muhammad Shehbaz Sharif has said the centuries-old brotherly relations between Pakistan and Turkiye are rapidly moving towards a...

Next Post
Indian Cricket Star Shikhar Dhawan Announces Retirement from International and Domestic Cricket

Indian Cricketer Shikhar Dhawan Announces Retirement from International and Domestic Cricket

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.