Impact of new digital era on entrepreneurship, innovation, collaboration


February 28, 2023 | By RetailME Bureau

The upcoming Retail Leaders Circle MENA Summit in Riyadh from March 7-8 is all set to host thought-provoking sessions, task-force roundtables and engaging live experiences. Influential C-suite leaders, industry pioneers and innovators will explore the impact of the new digital era on entrepreneurship, innovation and collaboration.

“The unprecedented growth in digital commerce during the pandemic has prompted retailers to evolve how they engage with customers who increasingly seek seamless and secure payment experiences,” stated Ali Bailoun, Visa’s Regional GM for KSA, Bahrain and Oman. “In fact, four in five consumers we surveyed in Saudi Arabia would switch retailers based on the payment methods offered, with digital payments – especially contactless – preferred over cash.”

“To inspire, exhilarate and delight our customers, it takes a group of like-minded leaders, retailers and government bodies to create a seamless value chain in retail from the first step to the last mile,” added Patrick Chalhoub, Group President, Chalhoub Group. “Such conversations and engagements always take place professionally during the Retail Leaders Circle.”

The Summit will also host a retail exhibition to showcase some of Saudi’s exciting home-grown brands, presented by the Saudi 100 Brands initiative under the Saudi Fashion Commission.

“The Retail Leaders Circle MENA Summit is more than an opportunity to network and learn from the sector’s leading thinkers; it is also a platform that supports delegates seeking to do business at scale,” said Chairman Panos Linardos. “We recognise the challenges and opportunities of this new era. Our goal is to elevate the industry narrative by leveraging our collective power and expertise to drive positive change.”

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