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Saudi Tourism Awaits Results of Legislative Environment Enhancements

One of the historical sites near AlUla, Saudi Arabia (AFP)
One of the historical sites near AlUla, Saudi Arabia (AFP)
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Saudi Tourism Awaits Results of Legislative Environment Enhancements

One of the historical sites near AlUla, Saudi Arabia (AFP)
One of the historical sites near AlUla, Saudi Arabia (AFP)

The tourism sector in Saudi Arabia looks forward to reaping the benefits of the newly established legislative framework for the sector.

Princess Haifa bint Mohammed Al Saud, the Deputy Tourism Minister, has revealed that legislative advancements will directly impact attracting substantial investments to the tourism sector in the Kingdom, both from within Saudi Arabia and abroad.

She also noted that the sector has witnessed significant growth in recent years.

The Kingdom’s Tourism Ministry had launched a list of experimental activities on Monday to enable innovation and promote the growth of this sector, according to Princess Haifa.

This is a continuation of efforts to improve the legislative environment, which is a crucial factor in the development of the tourism sector and achieving the ambitious goals outlined in Saudi Arabia’s National Tourism Strategy introduced in 2019.

During the opening session of the second day of the Saudi Law Conference, Princess Haifa explained that the Ministry of Tourism, through its proactive plans, ensured the development of the legislative framework for the tourism sector.

The ministry has adopted a tourism system that aligns with global best practices in tourism legislation.

This system, implemented worldwide, has been accompanied by the creation of executive regulations.

These legislative changes have significantly contributed to the remarkable growth in the tourism sector in recent years.

As a result, the Kingdom has advanced in the international tourism revenue index and achieved prominent positions in the growth rate of international tourists.

Princess Haifa emphasized that the fundamental cornerstone on which the system is built is the protection of the rights of tourists, investors, and industry workers.

The deputy minister also highlighted the importance of fostering partnerships with legal stakeholders and professionals.

She noted that the ministry, through the tourism system, aims to empower itself with the necessary authority and tools to create a competitive, fair, and attractive investment environment.

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Exports from Libya's Hariga Oil Port Stop as Crude Supply Dries Up, Say Engineers

A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
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Exports from Libya's Hariga Oil Port Stop as Crude Supply Dries Up, Say Engineers

A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)

The Libyan oil export port of Hariga has stopped operating due to insufficient crude supplies, two engineers at the terminal told Reuters on Saturday, as a standoff between rival political factions shuts most of the country's oilfields.

This week's flare-up in a dispute over control of the central bank threatens a new bout of instability in the North African country, a major oil producer that is split between eastern and western factions.

The eastern-based administration, which controls oilfields that account for almost all the country's production, are demanding western authorities back down over the replacement of the central bank governor - a key position in a state where control over oil revenue is the biggest prize for all factions.

Exports from Hariga stopped following the near-total shutdown of the Sarir oilfield, the port's main supplier, the engineers said.

Sarir normally produces about 209,000 barrels per day (bpd). Libya pumped about 1.18 million bpd in July in total.

Libya's National Oil Corporation NOC, which controls the country's oil resources, said on Friday the recent oilfield closures have caused the loss of approximately 63% of total oil production.