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What are your opinions regarding Ramadan Impact on Markets and Economy?

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Question added by Amjed Mehboob , G.M -(Currently Job Seeking ) , Advance Education centre
Date Posted: 2016/05/13
Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

agree with ms. nayeama

                .

sameer abdul wahab alfaddagh
by sameer abdul wahab alfaddagh , عضو هيئة تدريس , جامعة دلمون

Increase the purchasing power of foodLow productivity of the worker and the employee

Shaikha Ali AlSowaidi
by Shaikha Ali AlSowaidi , Owner / Marketing Consultant , Marketing Consulting (Company Confidential)

Ramadan is the perfect time for shoppers. They feel the need to buy more products and inquire about services in preparation for Eid celebrations, travel, etc. I have always seen a major incline in online sales during Ramadan. Online shoppers are buying up whatever they can find that's being sold for a good price. You have women - who are the main choice makers in family households - buying clothes for their family. They're buying clothes, shoes, accessories, home products, Eid decorations, etc. You also see an influx in mall shoppers during the Ramadan month. The impact of Ramadan on the market is actually an extremely positive one.

Deleted user
by Deleted user

Ramadan drives a great effect on the Markets a well as Economy. How! Explanation: .. The Ramadan, it basically a holy festival for Muslim, majority of people eagerly waiting for it. Huge number of money transaction, remittance increase. People engage in shopping, gifting, dedicating money. Not only Muslim but also other religious people also enjoy the season of Ramadan, they take he opportunity of get together, different occasion.  Different brand launch new product, service goods for the month of Ramadan, huge amount of transaction happen for this. Investor invest a large amount for Ramadan. In the Economy the whole monitory activities increase a lot. 

مها شرف
by مها شرف , معلمة لغة عربية , وزارة التربية السورية

I agree with experts answer. Thanks for the invitation. .

I leave the answer to the experts, specialists in this field.

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