Consultics Group

Saudi Arabia's non-oil sector has experienced a significant surge, with the PMI reaching a 5-month high of 57.2 in February, indicating a notable recovery in business activity. 🇸🇦 📈

This uptick, fueled by robust growth in output and new orders, particularly in the services and construction sectors, reflects the resilience of the Kingdom's non-oil activities.

Additionally, increased tourism activity, contributing to the highest reading since September 2023, further underscores the positive trajectory.

As the economy diversifies, Consultics leverages its expertise to navigate Saudi Arabia's dynamic landscape and identify opportunities in key growth sectors aligned with Vision 2030, such as energy, technology, healthcare, tourism, and infrastructure.

Our tailored solutions and strategic insights enable businesses to tap into Saudi Arabia's promising market, contributing to its transformation into a global innovation and economic hub.

Click here to read more on the blog: https://lnkd.in/drZ6BzyP

For expert guidance on market entry and expansion in Saudi Arabia, schedule a consultation with Consultics today.

Consultics wishes you and your family a blessed first day of Ramadan 🌙✨ May this holy month bring peace, prosperity, and spiritual growth.

Unlocking Middle Eastern Opportunities: A Decade of Expertise

Consultics Group has been at the forefront of connecting businesses with lucrative opportunities in the Middle East for over 10 years. As a result, we understand the nuances and intricacies of the Middle Eastern market landscape like no other.

Our extensive experience and deep-rooted presence in the region enable us to navigate complexities and unlock growth potential for our clients.

From market entry strategies to establishing partnerships, we've been instrumental in facilitating seamless expansion journeys.

Ready to take your business to new heights? Let's chart a course for your success together. Book a meeting with us today through the following link: https://www.consultics.co/book-now/

Qatar aims for 4% annual economic growth and diversification drive by 2030 🇶🇦

Qatar's latest National Development Strategy (NDS3) is a blueprint for sustainable progress towards the Qatar NatQatar's latest National Development Strategy (NDS3) is a blueprint for sustainable progress towards the Qatar Nat Vision 2030.

Led by Prime Minister H E Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, NDS3 focuses on competitiveness, innovation, and economic diversification.

Dive deeper into Qatar's growth narrative and visit our blog to read more about your business potential in this dynamic market: https://www.consultics.co/qatar-aims-for-4-annual-economic-growth-and-diversification-drive-by-2030/

Consultics stands ready to guide businesses through Qatar's growth narrative and explore your potential in this dynamic market. Seize the opportunity by scheduling a consultation with us today: https://www.consultics.co/book-now/

Qatar Chamber of Commerce & Industry Invest Qatar Qatar Ministry of Foreign Affairs Cyprus Qatar Business Association

Exciting News from Qatar Web Summit 2024 🌐

The highly anticipated Qatar Web Summit 2024 is one of the premier events in the tech industry. With over 12,000 participants, 1,000 startups from 80 nations, 500 investors, 200 speakers, and 100 partners in attendance, the summit promises a dynamic platform for knowledge exchange, networking, and collaboration.

Consultics will be present to explore the latest trends and innovations, we're excited to witness the robust lineup of speakers and partners spanning diverse sectors, shedding light on the future of technology and its societal impact.

We're thrilled to be part of this transformative gathering, fostering connections and insights that drive our commitment to technological advancement and innovation.

Our Founder and CEO Stefanos Nicolaou is currently in the vibrant city of Riyadh until 4th March 📍Connect and engage in meaningful conversations over a cup of coffee!

This time his schedule is limited and first come first serve basis. Don't miss out on the chance to schedule a meeting to discuss business opportunities and exchange ideas. Click here to book a meeting now: https://lnkd.in/djpPgyEv

Riyadh, get ready to continue to impact the country’s visions which we are working several different levels.

Visit the LIVE THIS WEEK page to keep track of where I’ll be going to next: https://lnkd.in/dGtsWbnp

Happy Founding Day to Saudi Arabia 🇸🇦

Consultics Founder & CEO Stefanos Nicolaou is will be attending the Big 5 Construct Saudi event, the largest construction event in Saudi Arabia in 2024! Join him from 26 – 29 February 2024.

Register to get your free badge now: https://rb.gy/f10z0m

Big changes are on the horizon in the Kingdom of Saudi Arabia, and it's not just about oil anymore 🇸🇦

The Saudi Arabian tourism and entertainment sectors are gearing up for a massive influx of investments in 2024, signaling a monumental shift in the country's economic landscape. This move away from heavy reliance on oil marks a strategic departure, hinting at a broader vision for the region's economic future.

Saudi Arabia's Vision 2030 is at the forefront of this transformation, aiming to draw millions of visitors and significantly boost the tourism sector's contribution to the GDP by 2030. But it's not just Saudi Arabia; the entire Middle East is moving towards economic diversification, with increased investments in non-oil sectors.

What does this mean for you? Well, if you're a business owner eyeing growth opportunities in the Middle East, now is the time to act. Visit our blog to read the full article: https://www.consultics.co/investments-in-saudi-tourism-to-accelerate-in-2024/

Unlocking Success in Saudi Arabia: Is Your Business Ready for the Opportunity?

What's Happening in Saudi Arabia:

In the evolving landscape of the Saudi market, opportunities for growth and expansion is drawing the attention of businesses worldwide. However, capitalizing on these opportunities demands a strategic approach that acknowledges both the promising potential and the unique challenges inherent in the region.

What’s the Impact on Diversifying Businesses:

Diversifying into the Saudi market can have a profound impact on businesses seeking new avenues for growth. The region's rapidly expanding economy and burgeoning consumer base offer immense potential for companies looking to scale & expand their footprint.

However, the unfamiliar cultural norms, regulatory requirements, and competitive landscape pose significant challenges for those entering the market unprepared. Without a comprehensive understanding of these factors, businesses risk encountering obstacles that could hinder their entry and success in the region.

What’s Consultics' Strategic Approach:

At Consultics, we recognize the importance of thorough preparation and strategic planning in achieving success in the Saudi market. Our approach allows us to identify and capitalize on opportunities while mitigating risks.

We offer tailored advisory and thought leadership solutions that address the specific needs and challenges of businesses venturing into the Saudi market, helping them navigate cultural sensitivities, regulatory complexities, and competitive pressures effectively.

From devising strategic market entry and expansion plans to forging robust partnerships with key local entities. Our holistic approach ensures seamless diversification and sustainable growth for your business in this dynamic market landscape.

We ensure that our clients are equipped with the knowledge, resources, tools, and strategies necessary to thrive in this dynamic and rapidly growing economy. For more information, visit [consultics.co/ ] to schedule your session.

At Consultics Group, we've noticed a surge in inquiries regarding Saudi Arabia's potential and interest in renewable energy.

Before reaching out for investments or exploring business opportunities in the country's renewable sector, we strongly advise conducting thorough research.
Saudi Arabia's engagement in renewable energy isn't merely about receiving; it entails investing as well.

The crucial question remains: Do you possess the capabilities required? If so, let's commence discussions.

Notably, Saudi Arabia is currently undertaking the construction of four solar projects, boasting a total capacity of 3.7 GW. To put this into perspective, the magnitude of this endeavor could power entire nations like Oman or Bahrain.

Yesterday in Nicosia, Cyprus, the University of Cyprus and King Saud University solidified their collaboration with the signing of a Memorandum of Understanding (MOU) by Professor Tassos Christofides, the Rector of the University of Cyprus, and Dr. Badran Al Omar, the President of King Saud University.

This signifies progress in the relations between Cyprus and Saudi Arabia! Congratulations to both parties.

Stay tuned for exciting news about scholarships sponsored by Consultics for students from Saudi Arabia and Cyprus to attend the University of Cyprus. Our efforts to expand businesses into Saudi Arabia are making strides every day, furthering our global impact."

Building Bridges Beyond Borders: Charting the Strategic Course at the Premier Cyprus Investment Event in Riyadh, Saudi Arabia 🇨🇾 🇸🇦

Invest Cyprus - C**A's strategic decision to intensify its presence in Saudi Arabia is a direct testament to the event's success and the growing anticipation for deeper, more integrated economic collaboration.

The foundations laid are not just for temporary partnerships but for sustained, mutual growth, paving the way for a future rich in bilateral prosperity.

Our focus at Consultics Group is steadfast: To harness and bridge and connect the dots between the Kingdom of Saudi Arabia and the Republic of Cyprus, and steer it towards shared prosperity and cross-border collaboration.

Click here to read the full article about the impact of the Invest Cyprus event:
https://lnkd.in/dgU5f5Uv

Evgenios Evgeniou, Marios Tannousis, Stephanie Panayi, Nikos Christodoulides, Ministry of Investment, Cyprus Chamber of Commerce & Industry, Stefanos Nicolaou, George Mikaelian, Zakia Baniabbassian, Nicholas Ktenas, FEER McQUEEN, Firas Mghames, Christelle Abou Jaoude Kanj, Cyprus Saudi Business Association

Consultics Group Founder & CEO, Stefanos Nicolaou is currently in the vibrant city of Doha, Qatar until Thursday 15th Feb!📍

If you're in Doha, he is currently open to connect and engage in meaningful conversations, collaborations, or just catch up over coffee.

Mr. Nicolaou's schedule is filling up fast, so drop us a comment or send over a direct message to arrange a meeting. Let's make the most of this opportunity to foster connections and create memorable experiences.

Doha, get ready for some inspiring conversations! 🚀

Visit the LIVE THIS WEEK page to keep track of where he’ll be going to next: https://lnkd.in/dGtsWbnp

Congratulations to Qatar for their outstanding victory in the Asian Cup! 🏆⚽️

Change often occurs in waves, rippling through industries and societies, shaping the business landscape.

These waves can be spurred by technological advancements, cultural shifts, or global events. Embracing these waves of change is essential for businesses to thrive, requiring adaptability and foresight.

At Consultics, we exemplify this approach by helping businesses seize opportunities amidst the changing tides, particularly in the Middle East.

Through tailored strategies and thought leadership, Consultics enables businesses to ride the waves of change, capitalizing on emerging trends and untapped markets.

By embracing change as a catalyst for progress, we facilitate success in an era defined by constant flux and opportunity.

What factors should businesses consider when expanding into the Middle East?

At Consultics, our expertise lies in providing our clients with advisory services that includes strategic planning and thought leadership for business success.

Some key strategic considerations when diversifying to the Middle East include meticulous market research, competitive analysis, and cultural sensitivity. Our expertise extends to forging strong local partnerships and navigating regulatory landscapes, ensuring a smooth journey into new territories.

From financial feasibility to thought leadership, we empower businesses to thrive in the Middle East with confidence. Explore the full potential of this vibrant region and unlock growth opportunities with Consultics. Visit our website to learn more and embark on your journey to success today:

https://www.consultics.co/strategic-approach-on-what-matters-most-when-diversifying-to-the-middle-east/

In the dynamic landscape of consultancy, where knowledge meets innovation, the success of any firm hinges on its ability to assemble a team of individuals who not only possess the right skills but also share an unwavering passion and drive.

For Consultics Group, this combination is not just a hiring criterion but a fundamental ethos that fuels the engine of excellence.

In the world of consultancy, every project is a unique puzzle that demands creative problem-solving, strategic thinking, and an unyielding commitment to delivering exceptional results. At Consultics Group, the belief is that true excellence goes beyond qualifications alone; it lies in the unbridled passion and relentless drive of each team member.

Passion is the spark that ignites innovation. When individuals are genuinely passionate about their work, they bring a level of enthusiasm and creativity that is unparalleled.

The Consultics team understands that solving complex business challenges requires thinking outside the box, and passionate individuals are more likely to push boundaries, explore new ideas, and strive for continuous improvement.

Consultics Founder & CEO Mr. Nicolaou is currently in the vibrant city of Riyadh until tomorrow. Connect and engage in meaningful conversations, collaborations, or just sharing a cup of coffee.

His schedule is filling up fast, so don't miss out on the chance to schedule a meeting to discuss business opportunities and exchange ideas.

📍 So, if you're in the vicinity and would like to connect, drop a comment or send a direct message to arrange a meeting. Let's make the most of this unique opportunity to foster connections and create memorable experiences.

Riyadh, get ready for some inspiring conversations! 🚀 Visit the LIVE THIS WEEK page to keep track of where he’ll be going to next: https://lnkd.in/dGtsWbnp

Unveiling Opportunities: Saudi Business Expansion Surges in Q4 2023

In a dynamic display of economic strength, the business landscape in Saudi Arabia has experienced a remarkable surge in expansion during the final quarter of 2023.

Propelled by ongoing private sector reforms fostering innovation, the Ministry of Commerce reported a 16 percent increase in establishments gearing up for growth. The data revealed that 2,811 businesses adapted their organizational structures to accommodate expansion, a substantial rise from the 2,423 recorded by the end of September 2023.

This surge in business expansion not only speaks to the resilience of the Saudi economy but also signals an inviting environment for foreign investment. As the Kingdom continues to implement Vision 2030, it presents an opportune moment for businesses worldwide to explore the vast potential and contribute to the nation's growth story.

Click here to read the full article on our blog: https://www.consultics.co/unveiling-opportunities-saudi-business-expansion-surges-in-q4-2023/

Vista of Growth: Scale your business to New Heights in the Middle East

Now is the time! The GCC economic growth is set to rise threefold over the next two years amid diversifications. Based on research by PwC (2024), the non-oil sector will remain a key driver of economic prosperity in the region.

The sector is expected to grow by 4% in 2024, fueled by positive momentum in the retail and service sectors, supported by robust liquidity, ongoing reform initiatives, and a rapid surge in private businesses.

Consultics specializes in helping businesses seize growth opportunities, build investor relationships, and establish your business in the Middle East. Don't miss out on this chance to scale your business to new heights. Click here to book your consultation online: https://www.consultics.co/book-now/

“People are inspired by people. I look up to those who came before me and were able to achieve the impossible on my journey to do the same.” - Stefanos Nicolaou, Founder & CEO of Consultics

Cyprus Invest’s debut in the Saudi Market 🇨🇾 🇸🇦

Marking Cyprus Invest’s first foray into the Saudi economy, this is more than just a business venture; it’s about building lasting ties.

As we open new doors for businesses, this strategic move presents an unparalleled opportunity for Cyprus to tap into the vast potential of the Saudi economy.

Consultics is honored to facilitate this step, laying the groundwork for lasting collaborations and mutual growth.

Our commitment to bridging the gap between Europe and the Middle East is stronger than ever. The upcoming event in Riyadh serves as a testament to our dedication to creating synergies that will propel economic prosperity in both continents.

🎄 Merry Christmas from Consultics! 🎄

As the year comes to a close, we at Consultics would like to take a moment to extend our heartfelt wishes to each and every one of you. It has been an incredible year, packed with shared achievements, meaningful collaborations, and valuable connections. During this festive season, we hope you embrace the joy, love, and warmth that Christmas brings.

To our esteemed partners, thank you for your unwavering support, trust, and collaboration. Your contributions have been instrumental in our success, and we are grateful for the opportunity to work with you. Together, we have achieved remarkable milestones and faced challenges head-on, proving the strength of our partnership.

To our valued clients, thank you for choosing Consultics as your trusted advisor. We appreciate the trust you have placed in us and the chance to serve you. Your partnership has allowed us to deliver impactful solutions and exceed expectations. We look forward to continuing our journey together, driving innovation, and helping you achieve your goals.

To our dedicated associates and colleagues, thank you for your tireless efforts, passion, and commitment. Your hard work and dedication have been the foundation of our accomplishments. It is your talent and expertise that make Consultics the leading organization it is today. We are grateful for the synergy and collaboration within our team.

This festive season, may your hearts be filled with joy, love, and gratitude. May you find time to relax, rejuvenate, and create beautiful memories with your loved ones. Let us cherish the moments of togetherness and appreciate the blessings we have received.

As we bid farewell to this year and embrace the new one on the horizon, let us continue to strengthen our relationships, inspire one another, and strive for excellence. Together, we can overcome any challenge and achieve great success.

On behalf of the Consultics team, we wish you a Merry Christmas and a prosperous New Year. May the holiday season bring you renewed energy, happiness, and an abundance of opportunities. Thank you for being a part of our journey, and we look forward to even more fruitful collaborations in the future.

🗣️📣Headline news in this week’s Cyprus Business News! Thank you, Adonis Adoni, for the incredible coverage 🇨🇾🇺🇸💥

Link: https://www.cbn.com.cy/article/2023/11/30/745942/us-entrepreneurs-learn-about-cyprus-untapped-business-potential-pics/

✨Cyprus: Untapped Business Potential✨ was organized by LORA PR, AmCham Cyprus, Cyprus Chamber of Commerce and Industry (CCCI), Ministry of Energy, Commerce & Industry, the U.S. Embassy Cyprus and Cyprus Embassy Trade Center, New York.👏🏼

The breakfast highlighted Cyprus’ potential as a business hub as well as providing an overview of relocating effectively to Cyprus for those looking to expand their commercial strategy throughout Europe, the Middle East, & Africa ( )

Opening Remarks:
✨Moderator, Laura Neroulias Bisiotis (Founder of LΩRA PR)
✨Christodoulos Angastiniotis (CCCI, President)
✨Lia Riris (AmCham) - a huge thank you also to Jovanna M Yiouselli 🙌🏼
✨Aristos Constantine(Trade Commissioner of the Republic of Cyprus)

Featured Speakers:
✨ Edward Reitler, Senior Partner of Reitler, Kailas & Rosenblatt LLC, regarding his expertise in mergers & acquisitions, fund formation, and the state of the VC world -
✨ Vincent Grasso (DO, MSIS, MBA, AI Research Professor and Forbes Technology Council) who spoke about his personal experience visiting Cyprus and entrepreneurial expertise

CY Company Participants:
✨Achilleas Kolonas (IPN Cyprus, Managing Director)
✨Kikkis Treppides (K.Treppides&Co Ltd, Chairman)
✨Marios Anastasiou (George Z. Georgiou & Associates LLC, Banking, Financial & Transaction Advisor)
✨Petros Economides (Cloudlayer8 Ltd & Totalserve Group Limassol, Chairman & CEO)
✨Stefanos Nicolaou (Consultics Group, CEO)
✨Theodoros Kringou (Infocredit, CEO)

Today, Consultics participated in the 19th Annual Economist Impact SE Europe event, , and had the opportunity to engage with intriguing individuals possessing promising global and regional perspectives.

These connections are set to play a role in our upcoming endeavours. During the event, we delved into pivotal subjects, nurturing substantive conversations and gaining valuable insights. We discussed crucial topics, fostering meaningful discussions and insights:

🌍 Exploring the Global Economic Outlook
📊 Analyzing Cyprus’ Economic Landscape
🏛️ Examining Opportunities and Challenges in Cyprus’s Banking Sector
✔️ Celebrating Cyprus’s Return to Investment Grade Status by Major Credit Rating Agencies

Cyprus’s recent achievement of investment-grade status from all major rating agencies represents a significant milestone, underscoring the commendable decade-long efforts invested in this endeavour.

This accomplishment is a testament to the importance of showcasing fiscal responsibility, upholding a resilient financial sector, and implementing vital reforms in times of economic uncertainty.

However, it is worth noting that obstacles within the foreclosure framework currently pose a hindrance to the resolution of non-performing loans, thereby presenting an economic liability that necessitates attention and resolution.

At Consultics, our unwavering dedication to advancing economic growth, stability, and responsible financial practices in Cyprus and beyond remains steadfast. We eagerly anticipate our continued involvement in insightful forums, driving positive change and progress in economic and financial stability.

Exciting News! 🌟

We're thrilled to announce our strategic partnership with Feer McQueen, an international branding, marketing, and communication agency with a strong foothold in the MENA region.

Being a leading consulting firm specializing in market diversification with a strong emphasis on the MENA region, at Consultics we leverage our extensive thought leadership and experience to empower global companies to navigate the complexities of the Middle East market, making strategic decisions to pe*****te new markets with precision and strength.

On the other hand, leveraging FEER McQUEEN's profound knowledge and expertise in the MENA region, FEER McQUEEN will drive creative and marketing thought leadership. Their deep understanding of local markets, track record of successful campaigns, and creative prowess will empower these companies to execute successful market launches and establish a commanding presence.

Get ready for a transformative era of growth! 🚀

Celebrating 10 years of the inception of Consultics with Ingenuity.

In 2013, triggered by the financial crisis in Cyprus, was born from the idea of helping companies in Cyprus diversify their organisations to the Middle East in order to enhance business and to grow in the market.

This niche line of business fostered a culture of innovation, creative problem-solving, and adaptability, prioritizing ingenuity to thrive within the changing business environment.

As a most valuable asset within the development of Consultics, processes have been improved allowing for a competitive advantage in the market and problem-solving has led to solutions and dealings that adapt to change and unexpected disruptions.

Ingenuity at Consultics reflects our commitment to understanding and meeting client needs.