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FINANCIAL NEWS
Saudi sports and fitness sector’s imports reach USD1b
08 May 2015
(MENAFN) Saudi Arabia’s sport and fitness sector current imports reached USD1 billion, with demands yet to increase and reach USD20 billion by the year of 2020, Saudi Gazette reported.
Currently, Saudi Arabia is witnessing an increase in the total number of private fitness clubs, which seen a 16 percent growth when compared to the corresponding period a year ago.
In hopes of discussing the rising demands and to find means to overcome such an increase, Saudi’s only sports and fitness exhibition, dubbed Saudi International Sport & Fitness (ISF Saudi), was inaugurated.
“The industry needs to develop, and we have a long way to go and an exhibition like ISF Saudi can help this development. Once you have the infrastructure, the talent and the management you are in the position to advance,” Managing Director for Delta Fitness said.
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