عربي English Türkçe اردو فارسى
Logo
Latest News
Business

Tourism in Saudi Arabia Booms with 58% Growth in Arrivals in 2023, Ranks 2nd Globally

A landmark is lit up in the colors of the Saudi national flag in Diriyah. (SPA file photo)
A landmark is lit up in the colors of the Saudi national flag in Diriyah. (SPA file photo)
TT
TT

Tourism in Saudi Arabia Booms with 58% Growth in Arrivals in 2023, Ranks 2nd Globally

A landmark is lit up in the colors of the Saudi national flag in Diriyah. (SPA file photo)
A landmark is lit up in the colors of the Saudi national flag in Diriyah. (SPA file photo)

Saudi Arabia has achieved a significant milestone in the tourism sector, ranking second globally in terms of tourist arrivals during the first seven months of 2023.

According to the Ministry of Tourism, the Kingdom witnessed a remarkable 58% growth in tourist numbers during the first seven months of this year compared to the same period in 2019.

The data is sourced from the UNWTO World Tourism Barometer, published by the United Nations World Tourism Organization (UNWTO) in September 2023.

This is a continuation of Saudi Arabia's success in the tourism industry and its position as a global leader in this field. Riyadh hosted World Tourism Day on September 27-28.

Minister of Tourism Ahmed Al-Khateeb said this achievement would not have been possible without the support of Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Prince Mohammed bin Salman, Crown Prince and Prime Minister.

This achievement strengthens the Kingdom's status as a global tourist destination. The substantial rise in tourist arrivals reflects the confidence travelers have in the variety and quality of tourism options available in Saudi Arabia.

Most Viewed

 
 
Business

Drilling at Kuwait’s Durra Field to Start this Year

Drilling at Kuwait’s Durra Field to Start this Year
TT
TT

Drilling at Kuwait’s Durra Field to Start this Year

Drilling at Kuwait’s Durra Field to Start this Year

Procedures for drilling and construction work on the Durra gas field will begin later this year after engineering studies wrap up later this summer, Kuwait Petroleum Corporation’s (KPC) CEO Sheikh Nawaf Saud Al-Sabah told Reuters on Thursday.

Saudi Arabia and Kuwait affirm they jointly own rights to natural resources in Durra while Iran claims a stake in the Gulf's gas field.

Sheikh Nawaf said the company plans to invest 7 billion Kuwaiti dinars ($22.92 billion) on its upstream operations over the next five years.

He also said that KPC would reach a production capacity of 3.2 million barrels per day (bpd) by the end of this year and expects to increase that to 4 million bpd by 2035.

Earlier, the CEO of the Kuwait Petroleum Corporation told CNBC Arabia that production operations in offshore reservoirs require seven years. “But we expect to start production from Al-Nokhatha field within a shorter period of time,” he said.

The CEO noted that the oil and gas discovery at Al-Nokhatha field supports Kuwait’s strategy to increase its capacity to 4 million bpd by 2035.

On Wednesday, State-owned Kuwait Oil Company (KOC) announced preparations to begin digging six new exploratory wells in the country’s territorial waters, which contains large hydrocarbon resources.

The announcement came after KPC said on Sunday it had made a “giant” oil discovery in the Al-Nokhatha field, with oil reserves estimated at 3.2 billion barrels.