Diriyah Company Successfully Concludes Participation in the Future Hospitality Summit in Abu Dhabi

Visitors are seen at a previous edition of the Future Hospitality Summit (FHS). (FHS)
Visitors are seen at a previous edition of the Future Hospitality Summit (FHS). (FHS)
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Diriyah Company Successfully Concludes Participation in the Future Hospitality Summit in Abu Dhabi

Visitors are seen at a previous edition of the Future Hospitality Summit (FHS). (FHS)
Visitors are seen at a previous edition of the Future Hospitality Summit (FHS). (FHS)

The Diriyah Company has highlighted several hotel, hospitality, and tourism projects during its participation in the Future Hospitality Summit (FHS) 2023, which was held in Abu Dhabi from September 25-27.

The company emphasized that the Diriyah project is expected to contribute directly to increasing the number of visits to the Kingdom to 100 million annual visits by 2030. Furthermore, the global influx of tourists Diriyah is currently experiencing can largely be attributed to the recent launch of several heritage and tourism attractions, including At-Turaif, the UNESCO World Heritage Site, and Bujairi Terrace, one of the Middle East's newest premier luxury dining destinations.

During its FHS participation, the company noted that this recent global tourist interest marks the beginning of a period of great activity. In the coming years, more people from around the world than ever will seek to experience the history and heritage of Saudi Arabia's birthplace.

Diriyah will continue to attract tourists with an interest in its historic monuments, including the UNESCO World Heritage Site At-Turaif, as well as its traditional Najdi architecture, which serves as a source of inspiration for developers and connects Diriyah to its rich past through the use of local construction materials.

At its pavilion, which drew a large number of entrepreneurs, business and hospitality industry leaders, and experts, the Diriyah Company showcased its remarkable projects, including the development of 38 hotels.

The global hotel brands, some of which are making their debut in the Kingdom, specifically in Diriyah, include Armani, Six Senses, Anantara, The Luxury Collection by Marriott, Waldorf Astoria, Baccarat Hotel, and, more recently, properties from the Aman Group.

The company also highlighted that Diriyah is expected to attract 50 million visitors annually and create 178,000 direct employment opportunities upon project completion. These efforts are aligned with the broader objectives of the Kingdom's Vision 2030.

The portfolio of projects in Diriyah has positioned it as a global leader in tourism and hospitality, attracting visitors from all over the world. This aligns with Saudi Arabia's commitment to using modern technologies to improve the quality of life for residents and visitors, promote sustainability, and create thriving and inclusive hospitality and investment sectors.



Trump Says he 'Couldn't Care Less' if Car Makers Hike Prices Due to Tariffs

President Donald Trump waves to supporters from his limousine as he arrives at Trump International Golf Club, Saturday, March 29, 2025, in West Palm Beach, Fla. (AP Photo/Manuel Balce Ceneta)
President Donald Trump waves to supporters from his limousine as he arrives at Trump International Golf Club, Saturday, March 29, 2025, in West Palm Beach, Fla. (AP Photo/Manuel Balce Ceneta)
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Trump Says he 'Couldn't Care Less' if Car Makers Hike Prices Due to Tariffs

President Donald Trump waves to supporters from his limousine as he arrives at Trump International Golf Club, Saturday, March 29, 2025, in West Palm Beach, Fla. (AP Photo/Manuel Balce Ceneta)
President Donald Trump waves to supporters from his limousine as he arrives at Trump International Golf Club, Saturday, March 29, 2025, in West Palm Beach, Fla. (AP Photo/Manuel Balce Ceneta)

US President Donald Trump said on Saturday he did not warn car industry executives against raising prices as tariffs on foreign-made autos come into force, telling NBC News he "couldn't care less" if they do.

The White House has been preparing to impose new tariffs on a range of consumer goods on April 2, a move that has drawn criticism from international leaders and concerns about potential price increases for consumers.

In the NBC News interview, Trump said his permanent tariffs on foreign-made automobiles would be a boost to US-domiciled factories and was confident the move would lead to increased sales of American-made cars. "I hope they raise their prices, because if they do, people are gonna buy American-made cars," Reuters quoted Trump as saying.

Trump maintained that he would only consider negotiating on the tariffs "if people are willing to give us something of great value."

The tariffs are part of Trump's efforts to promote American manufacturing and reduce the country's trade deficit.

Trump's trade policies have been a key focus of his presidency, with ongoing tensions with major trading partners.