UN Report Urges Entrepreneurs to Leverage AI in Tourism

Shibara Island, one of the Red Sea projects in Saudi Arabia (Asharq Al-Awsat)
Shibara Island, one of the Red Sea projects in Saudi Arabia (Asharq Al-Awsat)
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UN Report Urges Entrepreneurs to Leverage AI in Tourism

Shibara Island, one of the Red Sea projects in Saudi Arabia (Asharq Al-Awsat)
Shibara Island, one of the Red Sea projects in Saudi Arabia (Asharq Al-Awsat)

Saudi Arabia is accelerating its efforts to integrate artificial intelligence (AI) into its tourism sector, aiming to enhance its global leadership in technological innovation and modernize the industry. As the government invests in AI-driven solutions to transform tourism, private sector companies are urged to keep pace with these advancements. Experts say AI will not only improve efficiency but also drive innovation and help the sector navigate future challenges in an increasingly competitive global market.

The United Nations World Tourism Organization (UNWTO) has emphasized AI’s significance in shaping the future of tourism.

According to UNWTO estimates, AI is expected to contribute between $15.7 trillion and $19.9 trillion to the global economy by 2030. Generative AI alone could add between $2.6 trillion and $4.4 trillion annually. Recognizing these projections, UNWTO has intensified its focus on technological solutions, including AI, by launching initiatives such as the AI Challenge for Startups, which targets emerging and established companies demonstrating significant potential in tourism and technology.

Saudi Arabia’s AI-Driven Tourism Vision

Saudi Arabia has taken significant steps to integrate AI into its tourism industry, aligning with Vision 2030 and its commitment to transforming the sector. The government has invested heavily in technology and data analytics to support evidence-based decision-making for future developments. It has also formed partnerships with leading global AI firms to enhance capabilities and integrate advanced solutions.

The Kingdom has hosted conferences and events highlighting AI’s impact on tourism, including the “AI in Tourism” conference during the Global AI Summit in Riyadh. Additionally, it has established ethical AI guidelines to ensure sustainable sector growth.

Massive investments in smart city development and digital infrastructure further demonstrate Saudi Arabia’s commitment to AI-driven tourism. Projects such as NEOM and Qiddiya are prime examples of this strategy, integrating cutting-edge technologies to enhance tourism offerings.

Saudi entrepreneurs and tourism specialists assert that local startups are well-prepared to accelerate AI adoption, ensuring a sustainable and technologically advanced tourism sector. AI is expected to serve as a transformational force in the industry, particularly as the Kingdom undergoes rapid progress and records high growth rates in global tourism indicators.

Challenges

Despite enthusiasm and readiness for AI integration, several challenges remain. Promoting digital literacy across the tourism sector, encouraging innovation to keep up with global advancements, and ensuring seamless AI integration across various industry segments are key hurdles.

Naif Abdullah Al-Rajhi, CEO of Fursan Travel and Tourism, stressed the importance of innovation in aligning with Saudi Arabia’s tourism ambitions. He noted that modern technologies could help increase the annual number of tourists to 150 million by 2030. Speaking to Asharq Al-Awsat, he explained that developing and implementing AI technologies across operations, management, and services would significantly enhance the sector’s efficiency and contribute to achieving Vision 2030 goals. He also highlighted Saudi Arabia’s investment in large-scale tourism projects, reinforcing the country’s long-term aspirations.

Al-Rajhi emphasized that integrating AI-driven data applications for evaluating tourism activities and projects is essential, as the industry is becoming an increasingly important economic driver for the Kingdom.

Risk Mitigation

Nasser Al-Ghailan, founder and CEO of Amala Tourism Investment, pointed out that Saudi businesses are aware of the country’s rapid tourism expansion and must accelerate AI adoption through risk-mitigation strategies that ensure sustainable growth. He underlined the need for tourism companies to adapt quickly to AI-driven transformations, allowing them to deliver highly accurate travel recommendations, provide comprehensive destination insights, and conduct in-depth data analysis for improved decision-making.

Supporting AI-powered solutions enhances efficiency and improves the traveler experience. Al-Ghailan stressed that AI is essential for meeting evolving customer expectations, from optimizing services to enhancing visitor experiences, solidifying tourism’s role as a key driver of economic growth.

Business Efficiency

General Manager of Al-Sarh Travel and Tourism Muhaibib Al-Muhaibib explained that AI is fueling innovation in the tourism industry and driving sustainability efforts. He noted that the rapid development of Saudi Arabia’s tourism sector has paved the way for AI-driven business efficiencies and improved guest experiences.

He further stated that Saudi Arabia’s investment in technology and data analytics has played a crucial role in enhancing commercial operations and creating seamless experiences for tourists. AI’s influence extends beyond basic service improvements, impacting key sectors such as transportation, hospitality, and aviation.



Saudi Infrastructure Fund Announces $1.2 Bln ‘HUMAIN’ Financing in Davos

Saudi Infrastructure Fund Announces $1.2 Bln ‘HUMAIN’ Financing in Davos
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Saudi Infrastructure Fund Announces $1.2 Bln ‘HUMAIN’ Financing in Davos

Saudi Infrastructure Fund Announces $1.2 Bln ‘HUMAIN’ Financing in Davos

Saudi Arabia sharpened its push into artificial intelligence infrastructure on the sidelines of the World Economic Forum in Davos, as the National Infrastructure Fund, known as Infra, unveiled a framework agreement for up to $1.2 billion in strategic financing with HUMAIN, a Public Investment Fund-owned company, to back the expansion of AI and digital infrastructure across the kingdom.

Infra’s chief executive officer, Esmail bin Mohammad Alsallom, said in an interview with Asharq Al-Awsat that the announcement was “an extension of the fund’s role in supporting new categories of infrastructure assets that are seeing accelerating demand,” adding that developing advanced infrastructure, including digital infrastructure, is “a fundamental requirement for achieving the goals of Vision 2030.”

Crown Prince Mohammed bin Salman, prime minister and chairman of the Public Investment Fund, launched HUMAIN on May 12 to develop and manage artificial intelligence solutions and technologies, and to invest across the sector’s ecosystem.

Under the non-binding agreement, the parties set out financing terms to develop up to 250 megawatts of hyperscale AI data centers for HUMAIN, relying on advanced graphics processing units to train and run artificial intelligence models.

The facilities are intended to meet the company’s customers’ needs locally, regionally, and globally, according to an official statement from HUMAIN.

The statement said Infra and HUMAIN had also agreed to explore the creation of an AI data center investment platform anchored by both parties and structured to allow participation by local and global institutional investors, supporting the expansion of HUMAIN’s strategy in the sector.

HUMAIN chief executive officer Tareq Amin was quoted in the statement as saying that demand for advanced computing capacity is accelerating, and that the agreement positions the company to respond quickly and at scale.

He added that the goal is to deliver world-class AI data center infrastructure that companies can rely on as their computing needs become more complex.

Bridging financing gaps

Alsallom said the National Infrastructure Fund’s role is to bridge financing and structural gaps that some strategically essential infrastructure projects may face.

This role is vital at stages when commercial financing alone cannot meet funding needs, whether because of the size of the investment, its long time horizon, or the nature of the associated risks.

He said the fund’s focus is not simply on financing projects, but on enabling them to become investable and attractive to private capital, especially institutional investors, in ways that enhance sustainability and reduce reliance on direct government funding.

Expanding infrastructure asset classes

Alsallom described the framework agreement with HUMAIN as an extension of the fund’s support for new infrastructure asset classes experiencing rapid demand growth, foremost among them digital infrastructure and AI data centers.

He said such assets typically require significant, long-term capital investments and often need funding at early stages before they meet the conditions of traditional financing.

From this perspective, the fund’s intervention at this stage aims to raise market maturity, define appropriate financing structures, and enable broader, more sustainable participation by institutional investors.

A comprehensive approach

Asked whether the move signals a new focus on artificial intelligence, Alsallom said the fund does not target sectors as such, but instead focuses on the impact of infrastructure projects in supporting and enabling economic growth.

“Artificial intelligence today depends on an interconnected ecosystem of infrastructure assets, including energy, water, telecommunications, and data centers,” he said.

“When these projects become an important element in achieving sustainable economic development goals and attracting investment, the fund’s involvement is a natural extension of its role, regardless of the end sector these assets serve.”

Flexible financing solutions

Comparing the fund’s role with traditional commercial financing, Alsallom said its added value lies in aligning financing structures with the nature of the underlying asset.

“In new infrastructure projects, or those undergoing a transition in their operating or financing models, risks may be unbalanced or returns long-term in a way that does not suit traditional commercial financing,” he said.

“In this context, the fund provides flexible financing solutions that help encourage private sector participation, mitigate risk and support the financial sustainability of projects, without disrupting market balance or crowding out commercial finance.”

An AI data center investment platform

Alsallom said studying the creation of an AI data center investment platform reflects the fund’s approach of viewing such assets within an integrated framework rather than as standalone projects.

The aim, he said, is to build a scalable, repeatable model that enables asset aggregation, standardization, and the attraction of long-term capital from local and international institutional investors, thereby enhancing financing efficiency and investment sustainability.

Financial sustainability and private sector participation

In a broader context, Alsallom linked this approach to the objectives of Vision 2030, which aim to build a diversified, productive, and investment-attractive economy.

He said that developing advanced infrastructure, including digital infrastructure, is a prerequisite for that goal, and that the fund’s role is to accelerate this development in a financially sustainable way while strengthening private-sector participation.


France Not Considering Soccer World Cup Boycott over Greenland for Now

President Donald Trump is presented with the inaugural FIFA Peace Prize by FIFA President Gianni Infantino during the 2026 FIFA World Cup draw at the Kennedy Center, Dec. 5, 2025, in Washington. (AP Photo/Evan Vucci, file)
President Donald Trump is presented with the inaugural FIFA Peace Prize by FIFA President Gianni Infantino during the 2026 FIFA World Cup draw at the Kennedy Center, Dec. 5, 2025, in Washington. (AP Photo/Evan Vucci, file)
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France Not Considering Soccer World Cup Boycott over Greenland for Now

President Donald Trump is presented with the inaugural FIFA Peace Prize by FIFA President Gianni Infantino during the 2026 FIFA World Cup draw at the Kennedy Center, Dec. 5, 2025, in Washington. (AP Photo/Evan Vucci, file)
President Donald Trump is presented with the inaugural FIFA Peace Prize by FIFA President Gianni Infantino during the 2026 FIFA World Cup draw at the Kennedy Center, Dec. 5, 2025, in Washington. (AP Photo/Evan Vucci, file)

France's sports minister says her country is not currently thinking about boycotting the soccer World Cup in the United States amid growing tensions related to Donald Trump's quest to control Greenland.

“At the moment we are speaking, there is no desire from the ministry to boycott this major, much-anticipated competition," sports minister Marina Ferrari told reporters on Tuesday evening. "That said, I am not prejudging what might happen.”

Ferrari added that she wants to keep sports separate from politics, The AP news reported.

“The 2026 World Cup is an extremely important moment for all sports lovers,” she said.

With the tournament kicking off in June in the United States, Canada and Mexico, the US president's ambitions to wrest control of Greenland from NATO ally Denmark has the potential to tear relations with European allies.

In France, leftist lawmaker Eric Coquerel said the opportunity of a boycott by France, a two-time winner of the men's World Cup, should be considered.

“Seriously, can we really imagine going to play the footie World Cup in a country that attacks its ‘neighbors,’ threatens to invade Greenland, undermines international law, wants to torpedo the UN," he asked in a message posted on social media.

“The question seriously arises, especially since it is still possible to refocus the event on Mexico and Canada,” he wrote.

France lost to Argentina in the final of the World Cup in 2022.

No boycott by Scotland after 28-year wait In the UK, the Scottish National Party’s Westminster leader, Stephen Flynn, said boycotting the World Cup was not the right option for Scotland, which will feature at the World Cup for the first time since 1998.

“Without being flippant, we have boycotted the World Cup proactively since 1998 and I’m not entirely sure that’s a route that we want to go down again,” Flynn said.

“Instead I think we need serious and committed international dialogue with our allies on the European continent."

On Tuesday a number of MPs called for the home nations to boycott the World Cup. England and Scotland have qualified for the showcase event, while Wales and Northern Ireland are in the playoffs.

 

 

 


Saudi-Jordanian Business Forum Approves Roadmap for Cooperation in Promising Sectors

The forum's activities included meetings of the joint Saudi-Jordanian Business Council - SPA
The forum's activities included meetings of the joint Saudi-Jordanian Business Council - SPA
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Saudi-Jordanian Business Forum Approves Roadmap for Cooperation in Promising Sectors

The forum's activities included meetings of the joint Saudi-Jordanian Business Council - SPA
The forum's activities included meetings of the joint Saudi-Jordanian Business Council - SPA

The Federation of Saudi Chambers and the Jordan Chamber of Commerce organized the Saudi-Jordanian Business Forum at the federation's headquarters in Riyadh.

The forum's activities included meetings of the joint Saudi-Jordanian Business Council, the signing of five Saudi-Jordanian agreements in various sectors, and bilateral meetings between representatives of Saudi and Jordanian companies to build commercial and investment partnerships, SPA reported.

Specialized meetings were also held for the sectoral committees emanating from the Joint Business Council, to draw up a roadmap for cooperation in promising sectors including: agriculture and food security; industry, mining and energy; financial services and trade finance; health, pharmaceuticals and medical supplies; logistics, ports and transportation; reconstruction and infrastructure; tourism and hospitality; investment, trade and franchising; contracts; education and human resources; and information technology and digital trade.