14 Hrs
Source:
الاقتصادية
Gulf Cup 27 raises sales by 50 percent
During Jeddah's hosting of the Gulf 27 Championship, the historic "Al-Balad" district experienced notable economic activity. Sales at shops increased between 20% and 50%, driven by the influx of fans who shifted from sports cheering to shopping and cultural purchases. Spending activities were concentrated in the market, cafes, and restaurants, with a rising demand for traditional products such as incense, oud, and souvenirs, especially among visitors from Gulf countries. Additionally, the event extended visitors' stays, boosting trade and tourism. Retail rents rose to approximately 100,000 SAR annually, and the economic activity expanded beyond the stadium to include historic sites and old landmarks.
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