, Oman to strengthen financial ties with new agreement

, Oman to strengthen financial ties with new agreement
Oman’s non-oil exports to have more than doubled since 2020, surpassing 1 billion Omani rials ($2.6 billion) by the end of 2023. Shutterstock
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Updated 13 January 2025

, Oman to strengthen financial ties with new agreement

, Oman to strengthen financial ties with new agreement
  • Saudi Minister of Finance Mohammed Al-Jadaan and his Omani counterpart, Sultan Al-Habsi, signed deal to enhance cooperation in financial affairs
  • Areement underscores commitment of Riyadh and Muscat to collaborate on advancing shared financial sector goals

JEDDAH: and Oman are set to strengthen financial ties with a new agreement aimed at enhancing cooperation and facilitating the exchange of information and expertise. 

The deal, signed during the board of governors’ retreat of the Islamic Development Bank Group in the city of Madinah, aims to improve financial policies, governance in the public sector, and joint coordination on regional and international issues. 

Saudi Minister of Finance Mohammed Al-Jadaan and his Omani counterpart, Sultan Al-Habsi, signed a memorandum of understanding to enhance cooperation in financial affairs between the two countries, according to a statement from the Saudi Finance Ministry. 

This comes as Oman’s non-oil exports to have more than doubled since 2020, surpassing 1 billion Omani rials ($2.6 billion) by the end of 2023, according to Oman’s National Center for Statistics and Information. Non-oil imports from also grew, reaching 1.84 billion rials in the same period. 

Al-Jadaan said “this MoU represents a significant step in the ongoing efforts to deepen financial collaboration between the two brotherly nations,” 

He added: “it will pave the way for the exchange of financial expertise, the promotion of knowledge-sharing, and the fostering of closer economic ties.” 

Al-Habsi underscored the importance of the MoU as “a cornerstone for enhancing bilateral relations.” 

He said that “it will facilitate the exchange of financial information and expertise while strengthening coordination between and Oman on regional and international financial issues of mutual interest.” 

The agreement underscores the commitment of Riyadh and Muscat to collaborate on advancing shared financial sector goals, further strengthening the ties between the two nations, the release added. 

In October 2024, the two countries signed a deal to enhance economic and planning cooperation, focusing on medium and long-term strategies, monetary policies, and economic studies. 

The five-year agreement was finalized by Saudi Minister of Economy and Planning Faisal Al-Ibrahim and Omani Minister of Economy Said bin Mohammed Al-Saqri. 

Earlier in April 2024, another MoU was signed during a meeting between Al-Habsi and Sultan bin Abdulrahman Al-Marshad, the CEO of the Saudi Fund for Development. 

The agreement centered on joint development projects, including initiatives in infrastructure, higher education, vocational training, and key industries, including mining, transportation, communications, and energy. 


tops GCC projects market in Q3: report  

 tops GCC projects market in Q3: report  
Updated 7 sec ago

tops GCC projects market in Q3: report  

 tops GCC projects market in Q3: report  

RIYADH: led the Gulf Cooperation Council’s projects market in the third quarter of 2025 with $28.1 billion in contract awards, a new report showed.    

According to Kamco Invest, this represented 51.3 percent of total GCC awards — just over half of regional activity.  

Across the region, total GCC contract awards fell 27 percent year on year to $54.8 billion in the third quarter, with nine-month awards down 30.5 percent to $154.4 billion.  

In its report, Kamco stated: “Contract awards are expected to gain momentum in the fourth quarter of the year, driven primarily by recoveries in and the UAE.”   

It added: “However, despite a strong project pipeline, overall project awards in 2025 in the GCC are expected to decline and fall short of the 2024 record contract awards.”   

Sectorally, six of the GCC’s eight industries recorded year-on-year declines in the third quarter. Construction dropped 62.4 percent to $11.1 billion and power decreased 13.3 percent to $17.1 billion, while gas and oil were the only sectors to post growth.    

Within , power led with $9.8 billion in awards, compared with $17.1 billion a year earlier, while construction totaled $5.2 billion; there were no chemical sector awards and oil stood at $3.9 billion.     

Notable awards included an $853 million road package for Almabani General Contractors and a $167 million contract for a Pirelli tyre plant in King Abdullah Economic City. Over the first nine months, awards nearly halved to $61.5 billion from $116.6 billion.    

’s lead comes as contracts awarded under its giga-projects surged 20 percent in 2025 to $196 billion, according to Knight Frank.     

The report said the increase reflects a clear shift from planning to execution across major developments, particularly in real estate, tourism, and infrastructure, signaling steady progress in the Kingdom’s Vision 2030 diversification drive.    

Kamco’s report stated: “Overall project activity in has been sluggish throughout 2025. However, the Kingdom’s broader economic performance has been better than previously expected.” 

In the UAE, third-quarter awards fell 65.8 percent year on year to $6.7 billion, moving the country from the GCC’s largest projects market in the second quarter to third place in the third quarter.   

Over the first nine months, awards declined 18.0 percent to $59.7 billion. Construction led with $5.4 billion despite a 56.2 percent slide, and there were no oil and gas awards in the quarter.    

Major announcements included a $593 million contract for Sharjah’s Madar Mall and a $300 million award for the Erisha Smart Manufacturing Hub in Ras Al-Khaimah.   

Qatar was a bright spot, with contract awards jumping 115.9 percent year on year to $13.6 billion in the third quarter and rising 27.6 percent to $20.5 billion over the first nine months, supported by preparations for the 2030 Asian Games.   

Oil and gas led sector allocations, and China Offshore Oil Engineering won roughly $4 billion of contracts for the Bul Hanine offshore field.   

Kuwait’s market improved, with third-quarter awards up 33.8 percent year on year to $4.3 billion and first-nine-months awards up 25.3 percent to $7 billion.   

The quarter was dominated by the $4 billion Al Zour North IWPP phases two and three, alongside an $84 million upstream oil contract and a $65 million public-buildings package in Al Mutlaa Residential City.   

Looking ahead, Kamco expects awards to gain momentum in the fourth quarter on recoveries in and the UAE, although full-year 2025 awards are still seen finishing below 2024’s record.   

The GCC’s pre-execution pipeline totals about $1.78 trillion, led by construction with $624.2 billion, transport with $300 billion and power with $294.2 billion.   

accounts for roughly $887 billion of upcoming projects and the UAE $434.0 billion; Saudi Aramco plans 99 projects over the next three years and currently has about $50 billion of engineering, procurement, and construction contracts under execution. 


Oman’s banking sector credit surpasses $88.69bn by end of August 

Oman’s banking sector credit surpasses $88.69bn by end of August 
Updated 12 October 2025

Oman’s banking sector credit surpasses $88.69bn by end of August 

Oman’s banking sector credit surpasses $88.69bn by end of August 

JEDDAH: Oman’s banking sector continued its steady growth in August 2025, with total credit rising 8.6 percent year on year to 34.1 billion Omani rials ($88.69 billion), while private sector lending increased 6.5 percent, official data showed. 

Sectoral distribution data indicated that non-financial corporates accounted for the largest share at 46.7 percent, followed by households at 44.7 percent, according to a statement from the Central Bank of Oman.  

The remaining portion was allocated to financial corporations at 5.7 percent and other sectors at 2.9 percent. 

Oman’s robust banking sector, coupled with strong performance from listed companies, reflects the nation’s steady progress toward Vision 2040, which emphasizes economic diversification, private sector growth, and financial resilience. 

Rising credit flows, particularly to non-financial corporates and households, are fueling the development of small and medium-sized enterprises and domestic investment, supporting efforts to reduce reliance on hydrocarbons and build a more diversified economy. 

“Total deposits held with ODCs registered a Y-o-Y significant growth of 7 percent to reach 33.3 billion rials at the end of August 2025. Total private sector deposits increased by 7.5 percent to OMR 22.4 billion,” CBO said in a release. 

In terms of sectoral composition, households held the largest share of private sector deposits at 50 percent, followed by non-financial corporates at 30.6 percent, financial corporations at 17.2 percent, and other sectors at 2.2 percent. 

The combined balance sheet of conventional banks showed a 7.3 percent year-on-year growth in total outstanding credit by the end of August. Credit to the private sector rose 4.5 percent to 21.4 billion rials, while overall investments in securities increased 3.2 percent to 6.1 billion rials. 

Investments in government development bonds grew 12 percent to 2.2 billion rials, whereas foreign securities declined 7 percent to 2.3 billion rials, according to the CBO report. 

On the liabilities side, aggregate deposits with conventional banks rose 5.5 percent year on year to 26.1 billion rials at the end of August. Government deposits increased 9.6 percent to 5.9 billion rials, while public enterprise deposits fell 7.8 percent to 1.7 billion rials. Private sector deposits, representing 67 percent of total deposits, grew 6.1 percent to 17.5 billion rials. 

The CBO also noted that the total assets of Islamic banks and windows grew 15.1 percent year on year to 9.1 billion rials, representing about 19.7 percent of the banking system’s total assets at the end of August. 

“Islamic banking entities provided financing of OMR 7.3 billion at the end of August 2025, recording a growth of 13.5 percent over that a year ago. Total deposits held with Islamic banks and windows increased by 12.9 percent to OMR 7.2 billion,” it added. 


Egypt’s credit rating upgraded by S&P to ‘B’; Fitch affirms stable outlook 

Egypt’s credit rating upgraded by S&P to ‘B’; Fitch affirms stable outlook 
Updated 12 October 2025

Egypt’s credit rating upgraded by S&P to ‘B’; Fitch affirms stable outlook 

Egypt’s credit rating upgraded by S&P to ‘B’; Fitch affirms stable outlook 

RIYADH: Egypt’s credit rating was raised by S&P Global to ‘B’ from ‘B-’, while Fitch reaffirmed its ‘B’ rating, citing reform progress and macroeconomic stability. 

S&P said the upgrade reflects reforms implemented over the past 18 months, including the liberalization of the foreign exchange regime, which boosted competitiveness and fueled a rebound in growth.  

In September, Egypt’s Ministry of Planning, Economic Development and International Cooperation reported that the economy expanded 4.4 percent in fiscal year 2024/25, driven by a strong fourth quarter when gross domestic product growth hit a three-year high of 5 percent. 

Welcoming the move, Egypt’s Prime Minister Mostafa Madbouly said: “Both S&P and Fitch have confidence, despite all challenges, that the Egyptian government will continue implementing its economic reform program, and that the returns from this program will grow further in the coming period.”  

According to S&P, economic reforms in the country have also boosted tourism and inward remittances and improved external and fiscal metrics.   
Since March 2024, the Egyptian pound has traded under a more flexible regime, helping stabilize the balance of payments and restore investor confidence. 

“The stable outlook balances our view of Egypt’s improving growth prospects and improving balance of payments trends against continued high government deficits and debt, including external commercial obligations,” said S&P Global. 

The agency said Egypt’s economy has benefited from the $8 billion loan program provided by the International Monetary Fund in March 2024, which helped stabilize the currency and support policy reforms. It also noted more than $10 billion in additional funding from other multilateral donors. 

“The government’s reform efforts, supported by the IMF, have attempted to reduce key structural constraints to growth. These include the large informal sector; relatively weak, albeit improving, governance and transparency of state-owned enterprises; and barriers to competition that prioritized public and military-owned companies and restricted private-sector activity,” said the report.  

In March 2024, the EU announced a €7.4 billion ($8.1 billion) financial and investment package for Egypt over four years, comprising about €5 billion in concessional loans, €1.8 billion in investments, and €600 million for bilateral projects. 

S&P Global said it could consider raising Egypt’s credit rating if the country’s net government and external debt positions improve significantly faster than currently expected. 

The ratings could also be upgraded further if economic diversification progresses steadily and the government opens key sectors to foreign investment, thereby benefiting the broader economy. 

On the downside, S&P Global warned that it could revise Egypt’s outlook to negative if the government’s commitment to macroeconomic reforms — including exchange rate flexibility — weakens, or if economic imbalances such as foreign currency shortages reemerge. 

In a separate report, Fitch Ratings affirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating at ‘B’ with a stable outlook, citing the country’s large economy, relatively high potential GDP growth, and strong support from bilateral and multilateral partners. 

However, Fitch noted that these strengths are offset by weak public finances, including exceptionally high debt interest-to-revenue ratios, sizable external financing needs, a record of volatile commercial financing flows, elevated inflation, and geopolitical risks. 

According to Fitch, Egypt’s gross international reserves rose by $2.1 billion in the first nine months of 2025 to reach $47 billion. 

The Central Bank of Egypt’s net foreign asset position stood at $10.7 billion in August, remaining broadly stable this year, while the banking sector’s net foreign asset position improved by $13.7 billion during the first eight months of 2025. 

“Our projection for broad stability in external finances partly reflects a steady narrowing of the current account deficit to 2.8 percent of GDP in FY27, following the 1.2 percentage points improvement in FY25 to 4.2 percent of GDP. This is driven by robust expansion of remittances which surged 66 percent in FY25 and tourism, offsetting a widening trade deficit,” said Fitch.  

The report further noted that Egypt’s foreign direct investment is expected to rise to an average of $15.5 billion in FY2026–2027, up from $13.2 billion in FY2025. 

According to Fitch, the country’s rating could be upgraded if Egypt strengthens its international reserves, narrows its current account deficit, and implements structural reforms that reduce the risk of renewed imbalances while improving access to international markets. 

Conversely, the rating could be downgraded if a further escalation of regional conflict heightens instability and security risks in Egypt, resulting in larger negative spillovers for tourism, Suez Canal revenues, or investor sentiment. 


GCC’s skincare market is just getting started

GCC’s skincare market is just getting started
Updated 12 October 2025

GCC’s skincare market is just getting started

GCC’s skincare market is just getting started
  • and the wider Gulf are witnessing a surge in homegrown skincare brands

RIYADH: In and across the region, skincare has gone from a small part of the beauty industry to a main focus, with new brands appearing in stores, beauty shops, and online far faster than anyone imagined a decade ago.

What’s behind the Gulf’s sudden obsession with this practice?

From pharmacists formulating serums in small labs to social media influencers building their own labels, and the wider Gulf are witnessing a surge in homegrown skincare brands.

This boom is driven by a growing appetite for ingredient transparency, locally relevant products, and halal-certified formulations — all while competing in an increasingly sophisticated beauty market.

According to the Chalhoub Group’s “GCC Personal Luxury 2024: Unstoppable” report, the GCC personal luxury market reached $12.8 billion in retail sales over the 12-month period, growing 6 percent year on year despite a 2 percent decline for the sector globally.

The beauty industry increased 12 percent across the region, with skincare leading at 17 percent growth, outpacing all other subcategories.

The report noted a strong start to the first quarter of 2025, with prestige beauty sales up 23 percent year on year, supported by robust consumer demand, new retail openings, and the boost from a favorable Ramadan calendar.

Charlotte Tilbury, founder of Charlotte Tilbury Makeup, told Arab News that the opportunity in the Gulf is as much cultural as it is commercial.

“The skincare market in the UAE and has seen extraordinary growth over the past few years and we believe this is only the beginning. There is a clear shift toward skincare becoming a central part of beauty rituals across the region, driven by a digitally savvy audience who value innovation, performance, and glow-boosting results,” she said.

In the Gulf, skincare is often treated as an indulgent, layered ritual rather than a quick routine. Tilbury said her brand has tailored its offerings accordingly. 

Partnering with the right distributor in the region has enabled us to launch with some of the best and the newest spas in the Middle East, most prominently in .

Stephen de Heinrich de Omorovicza, CEO and co-founder of luxury skincare house Omorovicza

“Charlotte Tilbury’s skincare strategy in the GCC is deeply rooted in understanding local beauty rituals and skin concerns, such as pigmentation due to prolonged sun exposure, sensitivity to dry climates, and the desire for radiant, glass-like skin even in high heat,” Tilbury said.

Speaking to Arab News, Stephen de Heinrich de Omorovicza, CEO and co-founder of luxury skincare house Omorovicza, said the region had become one of the company’s fastest-growing markets, leading to a focus on the growth of the company’s spa channel.

“Therefore, partnering with the right distributor in the region has enabled us to launch with some of the best and the newest spas in the Middle East, most prominently in ,” he said.

The brand’s upcoming openings include partnerships with Four Seasons AMAALA, Miraval Red Sea and the Red Sea EDITION, where curated treatment menus are designed for travelers to these new destinations.

A beauty ritual, not just a routine

Tilbury noted that GCC consumers are “incredibly beauty-forward” and embrace multi-step regimens that combine hydration, glow enhancement, anti-aging treatments, and pre-makeup prep in one session.

Omorovicza’s de Heinrich echoed the sentiment, observing that “consumers in and the Gulf favor luxurious, results-driven skincare with visible effects.” He added: Unlike the more minimalist, ingredient-focused approach seen in the UK or US, Gulf customers prioritize skin clarity, glow, and enjoy a multi-step routine.”

Adapting to the climate

Tilbury said her product development takes into account harsh summer heat, air-conditioned interiors, and high humidity in coastal cities. “We’ve ensured our product textures and packaging are suitable for travel and daily wear in warm climates,” she told Arab News.

Omorovicza applies similar localization. “When thinking about the GCC, we consider the climate, of course, but also the lifestyle of our target market, their exposure to extreme heat, air conditioning, humidity, etc.,” said de Heinrich. “In turn, we select an appropriate portfolio of products and treatments to ensure that we can address the needs of every GCC customer we meet.”

Economics of a beauty boom

Tilbury’s decision to deepen investment in skincare was influenced by both sales data and community engagement.

“We’ve seen higher interest in our skincare-focused masterclasses and content, from an engaged community of creators and consumers eager to share results,” she said. “These indicators, coupled with a strong appetite for education and expert-driven beauty solutions, confirmed that the region is ready for deeper investment in the skincare category.”

The Chalhoub Group report shows that online sales of luxury goods — including beauty — now account for 13 percent of the GCC market, growing at 13 percent year on year, far outpacing the global average, which saw declines of up to 4 percent.

This signals a significant opportunity for skincare players investing in digital retail.

Omorovicza has also capitalized on the momentum. “Spa is the heart of Omorovicza, and the cornerstone of everything we do,” de Heinrich said. “Partnering with the right distributor in the region has enabled us to launch with some of the best and the newest spas in the Middle East.”

Innovation meets tradition

In the Gulf, beauty shopping now often starts on a smartphone screen.

Platforms like Instagram, TikTok and Snapchat have become the main stage for discovering products, with influencers, dermatologists and beauty creators demonstrating techniques, comparing ingredients, and showcasing results in real time. This has transformed skincare into an interactive, knowledge-driven experience.

Tilbury said that this digital culture has accelerated the region’s appetite for advanced skincare.

“Social media has played a key role in skincare knowledge, and the Gulf audience is highly tuned into global beauty trends,” Tilbury said, adding:

“There has been a huge skincare first shift in the region, with many eager to try layering techniques and glow-boosting ingredients like niacinamide, hyaluronic acid, and salicylic acid, consumers in the region are quick to adopt the best in international skincare.”

This rapid adoption is matched by a preference for luxury, high-performance products.

Omorovicza said the influence of global beauty has pushed the market toward hyper-personalization.

“Customers should not accept generic solutions,” he said, “but insist on products and treatments that target their skin’s needs at the relevant time and in the relevant circumstances.”

For Gulf consumers, this blend of international innovation and regional relevance is now the standard — and social media ensures the conversation never stops.

Looking ahead

With new luxury resorts, retail destinations, and wellness hubs opening across and the UAE, industry insiders expect the skincare segment to grow even more competitive. Chalhoub Group projects the GCC personal luxury market — with skincare as a key growth driver — to hit $15 billion by 2027.

As Tilbury summed up: “The region’s skincare journey is just getting started, and the demand for luxurious, high-performance products that deliver both instant glow and lasting results will only grow stronger.”


’s cloud kitchen evolution: from hidden kitchens to branded empires

’s cloud kitchen evolution: from hidden kitchens to branded empires
Updated 12 October 2025

’s cloud kitchen evolution: from hidden kitchens to branded empires

’s cloud kitchen evolution: from hidden kitchens to branded empires
  • Saudi entrepreneurs are rethinking how restaurants operate and how kitchens can do more with less

ALKHOBAR: With delivery now dominating the food game, Saudi entrepreneurs are rethinking how restaurants operate and how kitchens can do more with less. 

From asset optimization to rapid brand launches, the cloud kitchen playbook is getting sharper. For Saudi entrepreneur Faris Al-Turki, the move to cloud kitchens wasn’t about chasing a trend; it was about unlocking the full value of what already existed.

“We invested millions into the branch,” said Al-Turki, founder of Faris Breakfast. “But it was only used in the mornings. So, we asked: Why not turn it into a cloud kitchen the rest of the day?”

That shift, using idle kitchens to launch virtual brands and serve new segments, has opened up a path to increased revenue without new real estate.

“Even if it adds a bit of cost,” he said, “our fixed costs are already there. So we might as well expand — different meals, different audiences, same kitchen.”

It’s a hybrid model that keeps overhead low and output high and reflects a broader transformation underway in the Kingdom’s food scene.

But turning physical space into digital brands comes with new pressures, especially when there’s no street visibility or foot traffic.

“One of the biggest challenges is that you don’t have a physical store with a clear logo in a busy area,” Al-Turki said. “You’re completely dependent on ads, influencer marketing, paid placements inside apps.”

That means most customers only encounter the brand in-app, making marketing a survival tool. “If they don’t see your name on the list, they won’t even know your food exists, no matter how good it is.”

While Al-Turki is maximizing physical space, others are skipping it altogether.

Foodtech platform Kaykroo, which entered the Saudi market in 2021, is operating at a different scale. The Dubai-born company runs over 77 digital-first brands in alone, with a presence in Riyadh, Jeddah, Dammam and more.

“We’re well past the early rollout phase,” said Fawaz Al-Otaibi, co-founder and KSA CEO of Kaykroo. “Our platform model allows us to scale quickly while tailoring brands to local consumer demand.”

Instead of leasing kitchen space to outside operators, Kaykroo owns and runs its entire portfolio, combining culinary R&D, logistics, and data science under one umbrella. 

Our platform model allows us to scale quickly while tailoring brands to local consumer demand.

Fawaz Al-Otaibi, co-founder and KSA CEO of Kaykroo

Since launching, the company has sustained a double-digit CAGR in delivery orders, with a significant portion of sales coming from repeat customers. “That reflects the loyalty we’ve built in the Saudi market,” Al-Otaibi added.

For Kenzy Al-Harbi, the cloud kitchen model was a strategic gateway. At just 18 years old, the Madinah-based entrepreneur launched Earth Art, a delivery-only food brand inspired by visual aesthetics and high-end comfort food.

“I chose the cloud kitchen model because it’s much cheaper than a traditional restaurant,” Al-Harbi said. “It gave me a way to test the idea and build the brand without taking a big risk.”

With no storefront to rely on, she focused on packaging, social media, and storytelling to build loyalty. “I invested in visual branding and nice packaging. I wanted people to feel the brand experience even without visiting a branch.”

Still, Al-Harbi says platform commissions eat into margins, and make efficiency critical.

“The hardest part is managing costs, especially the commission that delivery platforms take,” she explained. “I had to create bundles and offers to increase order value, and optimize inventory so I wasn’t wasting money.”

While platforms like Jahez and HungerStation help reach customers, they also serve as gatekeepers. Visibility, rankings, and promotions all come at a cost. “You have to pay just to show up,” Al-Turki added. “And if you want to be near the top of the app, that usually means discounts or free delivery.”

For these operators, tracking performance is no longer optional; it’s built into the workflow.

“I noticed customers love seasonal items or dishes tied to occasions,” Al-Harbi said. “That insight pushed me to update my menu regularly. I also adjusted prices based on what was selling and when.”

Al-Turki agreed: “The market’s moving fast. People want variety, they want convenience, and they want speed. You have to adapt constantly — menus, marketing, even kitchen workflows.”

Kaykroo takes that even further, with teams monitoring customer behavior across all 77 plus brands to optimize offers, locations, and operating hours.

As cloud kitchens multiply, questions around regulation, consolidation, and long-term viability are beginning to surface. “There’s definitely growing competition,” Al-Harbi said. “And I think we’ll start seeing clearer regulations to protect both businesses and customers.” Al-Turki sees a shift already underway. “Dine-in traffic is going down. People want to eat where they are. At home, at work, with friends. That’s not a trend, that’s reality.”

Al-Otaibi, who plays a role in shaping policy frameworks for the sector, expects more structure. 

As the industry matures, strong operators will survive and grow, and weak ones will phase out or consolidate.

Al-Harbi’s advice to first-time founders: “Start small, test your concept, and don’t overspend. Focus on quality and the customer experience — and never stop improving.”

Al-Turki keeps it blunt. “It’s not easy; you’re in a constant fight to stay visible and stay relevant. But if you’re lean, creative, and persistent, the opportunity is there.” As the Kingdom’s F&B scene evolves, one thing is clear: In the race to capture the delivery-first consumer, the winners won’t just cook well, they’ll think fast, market smarter, and adapt without waiting for permission.