Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equ...
Saudi Arabia Catering Services Market Contractual services acquired the largest share in Saudi Arabia Catering Services Market -6Wresearch The number of Hajj pilgrims is expected to increase to 5 million by 2020, while the number of Umrah pilgrims would increase to 15 million due to which the tourism sector of Saudi Arabia is rising rapidly. Additionally, government steered its focus towards the non-oil sectors for the diversification of the economy. This in turn, would boost the demand for catering services in the country over the coming years. According to 6Wresearch, Saudi Arabia Catering Services Market size is projected to grow at a CAGR of 2.7% during 2019-2025. Increased investment in travel and tourism sector to boost the arrival of pilgrims at Mecca and Madinah would eventually increase the demand for catering services in Saudi Arabia. In addition to this, outsourcing of catering services is gaining popularity as a result of an increase in spending by large ...