FIFA World Cup 2022, a fillip for retailers
The FIFA World Cup, which was hosted by Qatar and had a positive knock-on effect on all businesses there, has benefited the micro, small, and medium-sized businesses and is expected to help position the Arabian state for trade, tourism, and investments.
The state’s hosting of the World Cup, which has been good for business during the sporting season, has been praised by small-scale shopkeepers.
According to a senior official of Alfardan Exchange at the Old Airport Road branch, there has been a noteworthy increase in currency exchange since the start of the World Cup.
We have seen a remarkable increase in currency exchange during the past month and this will continue for some time even after the tournament, she said.
Eateries, groceries, salons, and vehicle service undertakers at the Old Airport Road said the FIFA Cup was a windfall for businesses that received a fresh boost with sales increasing during the tournament.
“The World Cup came as a blessing for us with fans and visitors from various states dropping in for a meal or takeaway,” Mohammed Rizwan of New Lanka Restaurant said.
The retail sector expects sales to be better during the weekend and as the country expects more visitors for the finals tomorrow.
The number of people who have been coming for haircuts has been on the rise since last month and we believe this is because of the world cup that attracted a large number of visitors, Rizwan Hussain of Newgen Gents Saloon.
According to retailers sales had increased due to the visits of casual workers hired for the World Cup.
Sales have always been good but since last month we have seen an uptick in the number of daily orders said an official of Papa Johns Pizza.
The first athletic event to be held in the Middle East and the Arab world has drawn attention to Qatar, and experts in the field predict that it will boost the nation’s economy.
During the sporting extravaganza, Qatar’s popularity for desert safaris, camel rides, sand dune bashing, culture, and food stole the show.
Experts in the tourism industry are enthusiastic about the world cup’s favorable spillover effects on trade, tourism, and investments.