Saudi Tourism Minister: Riyadh City Aims to Become Global Hub for Exhibitions, Conferences

Saudi Minister of Tourism Ahmed Al Khateeb spoke at at the inaugural International MICE Summit (IMS24), organized by the Saudi Conventions & Exhibitions General Authority (SCEGA) in Riyadh. SPA
Saudi Minister of Tourism Ahmed Al Khateeb spoke at at the inaugural International MICE Summit (IMS24), organized by the Saudi Conventions & Exhibitions General Authority (SCEGA) in Riyadh. SPA
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Saudi Tourism Minister: Riyadh City Aims to Become Global Hub for Exhibitions, Conferences

Saudi Minister of Tourism Ahmed Al Khateeb spoke at at the inaugural International MICE Summit (IMS24), organized by the Saudi Conventions & Exhibitions General Authority (SCEGA) in Riyadh. SPA
Saudi Minister of Tourism Ahmed Al Khateeb spoke at at the inaugural International MICE Summit (IMS24), organized by the Saudi Conventions & Exhibitions General Authority (SCEGA) in Riyadh. SPA

Minister of Tourism Ahmed Al Khateeb said Sunday that Saudi Vision 2030 has introduced transformative sectors such as tourism, culture, sports, and entertainment, which are poised to significantly impact the exhibitions and conferences industry.

In remarks at the inaugural International MICE Summit (IMS24), organized by the Saudi Conventions & Exhibitions General Authority (SCEGA) in Riyadh from December 15 to 17, Al Khateeb highlighted the importance of strategic investments, tourism growth, and public-private partnerships in elevating the Kingdom’s position as a global hub for exhibitions and conferences.

He emphasized that these efforts will drive innovation and shape the future of the global event industry.

With over 1,000 leaders from the global exhibitions and conferences sector representing 73 countries in attendance, the minister underscored the critical role of leading events in shaping the Kingdom’s future. He pointed out that Riyadh is rapidly advancing toward becoming a global center for exhibitions and conferences, supported by projects such as new airports, hotels, resorts, and advanced infrastructure designed to realize this vision.

Al Khateeb also emphasized the pivotal role of tourism in supporting Saudi Arabia's economy, with an ambitious goal to attract 150 million tourists by 2030, further solidifying the Kingdom’s status as a premier global destination.



Honda and Nissan Reportedly Consider Mutual Production of Vehicles

FILE PHOTO: A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, US, April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo/File Photo
FILE PHOTO: A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, US, April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo/File Photo
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Honda and Nissan Reportedly Consider Mutual Production of Vehicles

FILE PHOTO: A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, US, April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo/File Photo
FILE PHOTO: A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, US, April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo/File Photo

Honda and Nissan are considering producing vehicles in one another's factories as part of their plan to deepen ties and potentially merge, Japan's Kyodo news agency said on Saturday.
Honda will consider supplying hybrid vehicles to Nissan as part of the plan, the report said, without citing the source of the information.
A merger of Honda, Japan's second-largest car company, and Nissan, its third-largest, would create the world's third-largest auto group by vehicle sales, behind Toyota and Volkswagen, making 7.4 million vehicles a year, Reuters said.
The two automakers forged a strategic partnership in March to cooperate in electric vehicle development, but Nissan has faced financial and strategic troubles in recent months.
As announced, Honda, "Nissan and Mitsubishi Motors are in the process of bringing together our strengths and exploring potential forms of cooperation, but nothing has been decided yet,” a Honda spokesperson said, when asked about the report.
Nissan declined to comment, saying the details of the report were not based on a company announcement. Nissan is the top shareholder in Mitsubishi Motors.
Kyodo said Honda could use Nissan's car factory in Britain, as it now only has factories for engines and motorcycles in Europe.
The move comes amid concerns over how president-elect Donald Trump's policies may shake up manufacturing with his promises of protectionist trade policies, the report said.