It is the creation of a commercial gallery for sale in bulk and retail for furnishings and home furniture that contains a group of departments – the section of rooms and home furniture, which includes (bedrooms, children’s bedrooms, living rooms, dining rooms, kitchen furniture, corner and external sessions)
It is a commercial showroom for wholesale and retail sale of home furnishings and furniture that contains a group of sections – the rooms and home furniture section, which includes (bedrooms, children’s bedrooms, living rooms, dining rooms, kitchen furniture, corners and outdoor seating.) and the lighting section, which includes (chandeliers, wall lights (lamps), vertical lights and side lights (lampshades)) and the carpets and rugs section, which includes (room carpets in different sizes (large, medium and small), longitudinal carpets (for corridors), rugs and carpet pieces in various shapes.) and the antiques and accessories section, which includes (sculptural antiques, candle holders, silver, frames, pendants, mirrors, crystals, wall clocks, ornamental plants, vases, decorative shelves (stands), rocking chairs and poufs.) and the mattresses and covers section, which includes bed mattresses (large, medium and small), bed furnishings of all kinds, various sofa furnishings and table furnishings of all sizes.) and the curtains section, which includes curtains In its various types (blackout, waterproof, chiffon/voile/organza/satin, velvet/linen/cotton, lace/silk). The idea of establishing the project aims to meet part of the increasing demand for furnishings and furniture, which is experiencing expansion and growth supported by the growth of the population, as well as being affected by the development of the tourism sector, the growth of tourist accommodation facilities, and also the increasing number of marriage contracts.
Executive Summary
Study of project services/products
Market size study.
Risk assessment study.
Technical study
Financial study.
Organizational and administrative study.
The service sector does not rely on raw materials or goods for sale; rather, its activities are centered around providing intangible services. Like this: Transportation services, hospitality services, healthcare services, and others. This sector is considered the main driver of major economies; for example, in the United States, the service sector accounts for 85% of the GDP. As for the service sector in Saudi Arabia, statistics and indicators confirm its contribution of about 48.02% to the GDP. This vital sector includes five main activities.
Namely:
The Gross Domestic Product (GDP) in Saudi Arabia reached 2,625,442 million SAR, with the “Wholesale and retail trade, restaurants, and hotels” sector contributing approximately 10.8% (284,579 million SAR).
Contributes approximately 6.6% (172,304 million SAR).
The Financial, Insurance, Real Estate, and Business Services sector contributes approximately 6.4% (SAR 377,725 million) to the Gross Domestic Product (GDP).
This sector contributes approximately 2.5% (SAR 65,729 million) to the Gross Domestic Product (GDP).
It contributes 21.9% (SAR 576,089 million) to the Gross Domestic Product (GDP).
