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4) Jobs creation: the entry of foreign companies into retailing in Saudi Arabia will
document IMAGES-003-HOUSE_OVERSIGHT_016172.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…commodate foreign retailers (such as Inditex), which could question the sustainability of Al Hokair’s franchise model. Jarir: exposed to NTP innovations What if Apple enters Saudi Arabia Should Apple enter Saudi Arabia, it would negatively impact the Apple resellers such as Ja...

We estimate that a 20% decline in electronic sales would result in a 5% direct decline in
document IMAGES-003-HOUSE_OVERSIGHT_016173.txt Jun 30, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ive effects of other product categories due to a weaker footfall trend. More entertainment in KSA, less attraction for Jarir’s stores In line with the guidance of the NTP, we expect Saudi Arabia to develop the entertainment sector (theme parks, cinemas). This signals the emerge...

Saudi Arabia approves 100% foreign ownership rules
document IMAGES-003-HOUSE_OVERSIGHT_016171.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…etailers such as Inditex continue to compete for good-quality real estate in shopping centres and on high streets. e — Jarir and Extra are more vulnerable to the entry of international retailers such as Apple as barriers of entry are very low for consumer electronics and applian...