Saudi Arabia Launches Int’l Center for Sustainable Travel, Tourism Research

Countries including the US, China, France, Spain and the Netherlands will be involved in the research, in what is viewed as a key step toward worldwide tourism sustainability (Asharq Al-Awsat)
Countries including the US, China, France, Spain and the Netherlands will be involved in the research, in what is viewed as a key step toward worldwide tourism sustainability (Asharq Al-Awsat)
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Saudi Arabia Launches Int’l Center for Sustainable Travel, Tourism Research

Countries including the US, China, France, Spain and the Netherlands will be involved in the research, in what is viewed as a key step toward worldwide tourism sustainability (Asharq Al-Awsat)
Countries including the US, China, France, Spain and the Netherlands will be involved in the research, in what is viewed as a key step toward worldwide tourism sustainability (Asharq Al-Awsat)

The Sustainable Tourism Global Center (STGC) has unveiled a new global research hub on the sidelines of the Middle East and North Africa (MENA) Climate Week in Riyadh.

This initiative, spearheaded by the Saudi Ministry of Tourism, aims to serve as a reference for applied research, best practices, and practical tools designed to expedite the travel and tourism sector's transition towards achieving zero carbon neutrality.

The establishment of this center is a response to the fact that the travel and tourism sector has been responsible for over 8% of global greenhouse gas emissions since 2019.

Without measures to curb these emissions, carbon emissions in the sector are expected to increase by 20% by 2030.

The center has stated its intention to address this issue by forming partnerships with 100 universities and international organizations from around the world by 2030.

These collaborations will focus on investing in practical tools and resources that will promote sustainability within the sector.

Notably, prestigious academic institutions in the US, China, France, Spain, and the Netherlands have already joined the research hub to realize this vision on the ground.

Ahmed Al-Khateeb, Saudi Arabia’s tourism minister, hailed the launch of the center.

“Our objective is clear. With the support of the Sustainable Tourism Global Center and the Ministry of Tourism, we aim for the (new) center to be an indispensable hub of solutions and tools, benefiting every stakeholder,” he said.

The Saudi Tourism Ministry’s special adviser, Gloria Guevara, highlighted the importance of trustworthy tourism data in empowering sustainability projects.

The research hub can serve as a “beacon of modern, trustworthy information” targeted to the particular needs of small and medium-sized businesses, tourists and local communities, she added.

As part of its launch, the research hub showcased a variety of sustainable solutions for the industry, including solar thermal water heaters and sustainable food options.



Washington Urges Israel to Extend Cooperation with Palestinian Banks

A West Bank Jewish settlement is seen in the background, while a protestor waves a Palestinian flag during a protest against Israel's separation barrier in the West Bank village of Bilin in 2012. (AP)
A West Bank Jewish settlement is seen in the background, while a protestor waves a Palestinian flag during a protest against Israel's separation barrier in the West Bank village of Bilin in 2012. (AP)
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Washington Urges Israel to Extend Cooperation with Palestinian Banks

A West Bank Jewish settlement is seen in the background, while a protestor waves a Palestinian flag during a protest against Israel's separation barrier in the West Bank village of Bilin in 2012. (AP)
A West Bank Jewish settlement is seen in the background, while a protestor waves a Palestinian flag during a protest against Israel's separation barrier in the West Bank village of Bilin in 2012. (AP)

The United States on Thursday called on Israel to extend its cooperation with Palestinian banks for another year, to avoid blocking vital transactions in the occupied West Bank.

"I am glad that Israel has allowed its banks to continue cooperating with Palestinian banks, but I remain convinced that a one-year extension of the waiver to facilitate this cooperation is needed," US Treasury Secretary Janet Yellen said Thursday, on the sidelines of a meeting of G20 finance ministers in Rio de Janeiro.

In May, Israeli Finance Minister Bezalel Smotrich threatened to cut off a vital banking channel between Israel and the West Bank in response to three European countries recognizing the State of Palestine.

On June 30, however, Smotrich extended a waiver that allows cooperation between Israel's banking system and Palestinian banks in the occupied West Bank for four months, according to Israeli media, according to AFP.

The Times of Israel newspaper reported that the decision on the waiver was made at a cabinet meeting in a "move that saw Israel legalize several West Bank settlement outposts."

The waiver was due to expire at the end of June, and the extension permitted Israeli banks to process payments for salaries and services to the Palestinian Authority in shekels, averting a blow to a Palestinian economy already devastated by the war in Gaza.

The Israeli threat raised serious concerns in the United States, which said at the time it feared "a humanitarian crisis" if banking ties were cut.

According to Washington, these banking channels are key to nearly $8 billion of imports from Israel to the West Bank, including electricity, water, fuel and food.