https://arab.news/nx9yc
Cenomi Centers, the largest owner, operator and developer of contemporary lifestyle centers in Saudi Arabia, has announced a refreshed and renewed strategic partnership with the 2025 RLC Global Forum, supporting the platform for another year.
Taking place on Feb. 4-5 in Riyadh, the highly anticipated event brings together global powerhouses, innovators and leaders across the retail sector to discuss the most important issues affecting the industry today.
This year’s gathering takes place as Saudi Arabia’s retail market shows remarkable resilience and growth, totaling SR37.4 billion ($9.97 billion) in Q3 2024, against a backdrop of global economic uncertainty. Furthermore, the Saudi retail sector is expected to increase by a compound annual growth rate of 7.2 percent to 2028, reaching a total value of $142 billion; Cenomi Centers is at the forefront of this progress.
Across the two-day event, there will be more than 100 speakers and over 600 companies present, alongside influential media analysts and partners. Regional and global leaders, CEOs and entrepreneurs will debate how to deliver growth and development across the sector, discussing strategy, innovation and key industry trends. Other distinguished partners to be involved include Diriyah Company, Apparel Group, Chalhoub Group and Panda Retail Company
Alison Rehill-Erguven, CEO of Cenomi Centers, said: “Our strategic partnership with the RLC Global Forum comes at an exciting time of expansion for Cenomi Centers, with our groundbreaking Jawharat Jeddah and Riyadh retail developments set to launch in 2025, changing the shape of the Saudi retail sector. We are thrilled to once again be championing the global retail industry at this leading event and look forward to some lively discussion on how what we do informs economies on both a local, national and international level.”
Panos Linardos, chairman of the RLC Global Forum, said: “Our partnership with Cenomi Centers reflects a shared ambition to shape the future of retail in Saudi Arabia and beyond. Together, we are not only addressing today’s challenges but also driving meaningful conversations and actions that will define the next era of retail. This collaboration empowers Saudi Arabia’s retail sector to set new global benchmarks in resilience, growth, and innovation.”