3
For the headquarter of the hub, four main options have been assessed
Option 1: Al Madinah-based
Option 2: Jeddah-based
Option 3: Riyadh-based
Option 4: Dammam-based
Headquarter of the hub in Al Madinah Satellite physical units in other major cities, focused on city’s main economic clusters center in Al Madinah Al Madinah has a very strong connection with the Islamic and Arab heritage Large number of visitors for visiting the Prophet Mosque
Headquarter of the hub in Jeddah Satellite physical units in other major cities , focused on city’s main economic clusters center in Al Madinah Ease of integration/ collaboration with other functions/businesses of Nour Nouf Close to Makkah , which host millions of people each year
Headquarter of the hub in Riyadh Satellite physical units in other major cities , focused on city’s main economic clusters
Headquarter of the hub in Dammam Satellite physical units in other major cities , focused on city’s main economic clusters
•
•
•
•
•
•
•
•
• Main knowledge sharing /exhibition
• Main knowledge sharing /exhibition
• Main knowledge sharing /exhibition
• Main knowledge sharing /exhibition center in Al Madinah Eastern province is the center for some critical
center in Al Madinah
The biggest business hub in the Kingdom, and one of the biggest in the region Home to most accelerators/incubators in KSA (more than 50%) Easier access to partnerships with private sector and government
industries in the Kingdom (such as energy)
Higher-level of
Smaller number of corporates and businesses compared to Riyadh Higher-level of competition in the exhibition and museum arm of business (home to Ithra and Scitech)
Lack of success stories for incubators and accelerators in the region Small number of corporates and businesses compared to Riyadh or Jeddah
Smaller number of corporates and businesses compared to Riyadh
competition compared to other regions
Option assessed as more suitable
Source: Kearney
All Options would have virtual settings
36
Made with FlippingBook - professional solution for displaying marketing and sales documents online