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.



GAIN Summit in Riyadh to Showcase Global Experiences on AI Use in Supporting Business Leaders

GAIN Summit in Riyadh to Showcase Global Experiences on AI Use in Supporting Business Leaders
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GAIN Summit in Riyadh to Showcase Global Experiences on AI Use in Supporting Business Leaders

GAIN Summit in Riyadh to Showcase Global Experiences on AI Use in Supporting Business Leaders

The third edition of the Global AI (GAIN) Summit, organized by the Saudi Data and AI Authority (SDAIA) will be held in Riyadh on September 10-12.

The summit will showcase the global experiences in the field of artificial intelligence technologies, including those that focus on the importance of business leaders' understanding of rapidly developing AI technologies, and reflecting on how to increase production driven by strategic decision-making.

The deliberations of over 300 speakers, including experts, specialists, and decision-makers from 100 countries will present business leaders and those interested in the field of data and AI with promising options and opportunities to benefit from the technologies.

The speakers will deliberate on the most effective methods of utilizing AI to make strategic decisions, support responsible leadership, analyze the extent of the impact of AI on the growth of business activities and productivity, and motivate employees within an attractive work environment that meets the aspirations of business leaders.

The summit will underscore the importance of senior leaders and policymakers in making strategic decisions, determining the scope and directions of work, and achieving a competitive advantage for business. These decisions are guided by organizational policies, available resources, future plans, and other decisions based on AI.

According to a study by PricewaterhouseCoopers, productivity growth and improvement of manufacturing processes were five times faster when AI was used to adjust processes, identify shortcomings, and reduce waste and errors.

Predictive maintenance can also reduce downtime and speed up the pace of production, allowing the plant to increase production with the same or fewer inputs.