Over 6 Million Tourists Visit Tunisia in First Nine Months of 2018

Sidi Bou Said, one of Tunisia's main resorts. (Getty Images)
Sidi Bou Said, one of Tunisia's main resorts. (Getty Images)
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Over 6 Million Tourists Visit Tunisia in First Nine Months of 2018

Sidi Bou Said, one of Tunisia's main resorts. (Getty Images)
Sidi Bou Said, one of Tunisia's main resorts. (Getty Images)

Tunisia’s tourism continued to rebound from devastating terrorist attacks three years ago as more than six million foreign travelers visit the country in the first nine months of 2018, according to government data.

Arrivals rose 16.9 percent to 6.3 million in the nine months to the end of September, surpassing the number for the whole of 2014.

Terrorist attacks in 2015 included one at the National Bardo museum in Tunis and another targeting a beach resort in Sousse, which together killed 59 foreign tourists and a Tunisian guard.

Tourist arrivals bounced back in 2017 to above their pre-attack levels.

Tourism revenues in the first nine months of 2018 totaled just over 1 billion euros ($1.2 billion), a rise of 27.6 percent year-on-year.

But receipts were only two thirds of the level recorded for 2014 as a whole.

Inflation and excessive reliance on beachside holiday packages have slowed the longer-term recovery of revenues, industry experts told AFP.

Arrivals from Europe and Russia rose nearly 45 percent, accounting for much of the surge, despite concerns that the hot European summer and the football World Cup could limit demand for Tunisian destinations.

Tourism Minister Selma Elloumi Rekik told AFP in May that she expected total arrivals to exceed eight million in 2018, higher than the seven million recorded in 2010, a benchmark year for Tunisian tourism.

Tour operator Thomas Cook, which suspended its Tunisia holidays in the wake of the June 2015 Sousse attack, resumed operations in February.



Saudi Arabia Boosts Appeal as Foreign Investment Inflows Surge 44%

The Saudi capital, Riyadh (SPA) 
The Saudi capital, Riyadh (SPA) 
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Saudi Arabia Boosts Appeal as Foreign Investment Inflows Surge 44%

The Saudi capital, Riyadh (SPA) 
The Saudi capital, Riyadh (SPA) 

Saudi Arabia is advancing rapidly toward its Vision 2030 goals, recording a notable surge in foreign direct investment (FDI) during the first quarter of this year. Inflows rose 44% year-on-year to SAR 22.2 billion ($6 billion), up from SAR 15.5 billion ($4 billion) in the same period of 2024. The growth comes amid government efforts to attract investors and position the Kingdom as a global economic hub.

Attracting more FDI is central to Vision 2030, which seeks to diversify the economy beyond oil, stimulate private sector growth, and create jobs. Saudi Arabia aims to draw $100 billion in FDI by 2030, expand spending on “giga-projects,” and develop sectors including tourism, sports, and entertainment.

According to data from the General Authority for Statistics, total inbound FDI reached about SAR 24 billion ($6.4 billion) in the first quarter of 2025, marking a 24% increase compared to the same quarter in 2024. However, it dipped 6% from the previous quarter’s SAR 25.6 billion ($6.8 billion).

Outbound FDI dropped sharply, totaling SAR 1.8 billion ($480 million) in Q1 2025, a 54% decrease from SAR 3.9 billion ($1 billion) in the prior-year period. Compared to the previous quarter, outbound flows rose slightly by 7%.

Since 2021, Riyadh has required international companies seeking government contracts to establish regional headquarters in the Kingdom. Authorities have also pledged to modernize investment regulations to improve the business environment.

According to the Vision 2030 annual report, FDI as a share of GDP hit its 2023 target, with inflows reaching SAR 96 billion ($25.6 billion), up 50% from 2022 (excluding the exceptional Aramco transaction). However, the indicator declined by 1.31 percentage points between 2021 and 2023 due to weaker net inflows in 2021 and 2022 as global investors faced liquidity pressures from rising interest rates.

Despite this, data shows steady progress toward sustainable growth. FDI is becoming more diverse, spreading across industries and regions rather than concentrating solely in oil or the eastern provinces. This trend reflects greater investor confidence and supports efforts to attract long-term capital.

In 2023, Saudi Arabia adopted a new methodology for calculating FDI statistics in collaboration with the International Monetary Fund to improve data quality and transparency. As a result, historical figures were updated, with 2020 set as the reference baseline.