Peak Selling Season of Saudi Shemagh

 A seller displays dozens of shemaghs, as sales reach their peak at the end of Ramadan. (Asharq Al-Awsat)
A seller displays dozens of shemaghs, as sales reach their peak at the end of Ramadan. (Asharq Al-Awsat)
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Peak Selling Season of Saudi Shemagh

 A seller displays dozens of shemaghs, as sales reach their peak at the end of Ramadan. (Asharq Al-Awsat)
A seller displays dozens of shemaghs, as sales reach their peak at the end of Ramadan. (Asharq Al-Awsat)

Experts in the manufacturing and import of the Saudi shemagh revealed that this traditional dress has reached the highest annual sales season, recording sales estimated at about 900 million riyals annually.

They pointed to new consumer trends, especially among the younger generation, as a number of international brands have joined the race to acquire the biggest share of the market.

The shemagh is a traditional garment for men in the Arabian Gulf region and some Arab regions in Iraq, Jordan, Syria and Yemen, where it is considered part of the culture men’s clothing, whether at work or during social events and others.

In remarks to Asharq Al-Awsat, CEO of Al-Imtiaz Company Ltd., Fahd bin Abdulaziz Al-Ajlan, said that the volume of the shemagh market ranged between 700 and 900 million riyals annually.

He added that between 9 and 11 million shemaghs and ghutras were sold annually, stressing that the percentage of sales during Eid al-Fitr season and other holidays represented nearly 50 percent of the annual sales volume.

Regarding market and consumer trends, Al-Ajlan indicated that the majority of consumers of the shemagh and ghutra belonged to the young generation born between 1997 and 2012.

He noted that international brands, such as Pierre Cardin, S.T. Dupont, Cerruti 1881 and others, have joined the shemagh and ghutra market, contributing to raising the quality and specifications of the product.

For his part, Nasser Al-Hamid, manager of a shemagh shop in Riyadh, explained that the sales increase in the last ten days of Ramadan every year and reach their peak in the last two nights before Eid al-Fitr.

Hamid also noted that the market has witnessed, in the last ten years, a variety of new designs and brands, paving the way for a greater competition between companies in terms of quality and price, and in marketing campaigns.



Saudi Real Estate Projects Surpass $40 Bn in 2024

Officials are seen at a panel discussion at the Real Estate Future Forum in Riyadh, Saudi Arabia. (Real Estate General Authority)
Officials are seen at a panel discussion at the Real Estate Future Forum in Riyadh, Saudi Arabia. (Real Estate General Authority)
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Saudi Real Estate Projects Surpass $40 Bn in 2024

Officials are seen at a panel discussion at the Real Estate Future Forum in Riyadh, Saudi Arabia. (Real Estate General Authority)
Officials are seen at a panel discussion at the Real Estate Future Forum in Riyadh, Saudi Arabia. (Real Estate General Authority)

Saudi Arabia’s real estate sector saw significant growth in 2024, with 192 licenses issued for projects valued at 147 billion riyals ($40 billion).

This growth is supported by new regulations and laws that reflect the government's focus on strengthening the market.

Speaking at the Real Estate Future Forum, held in Riyadh from January 27 to 29, Saudi Minister of Municipalities and Housing Majid Al-Hogail said the sector has introduced over 20 new real estate regulations in recent years. These changes aim to boost the sector's appeal, vitality and reliability.

“The real estate sector in Saudi Arabia is no longer just about urban development; it is now a key driver of economic and social change, as well as sustainability and innovation,” said Al-Hogail.

He also pointed out that the forum offers unique global opportunities to grow the real estate sector and improve quality of life by building sustainable cities with services that meet the needs of residents.

On the private sector, Al-Hogail explained it currently manages 39% of the real estate market and aims to increase this to 70%. He also noted that the sector’s revenue has grown fourfold in the past three years.

Abdullah Al-Hammad, CEO of the Real Estate General Authority, said that the real estate sector’s contribution to the gross domestic product reached 12%, reflecting its growing importance in the national economy.

“The real estate sector achieved the highest participation rate in the labor market, with 25% of the participants in the social insurance system,” Al-Hammad said, emphasizing the sector’s role in employment generation and economic diversification.

More than 1,130 licenses for foreign real estate investments were issued during the third quarter of 2024, demonstrating increased international interest in the Saudi market, he remarked.