Saudi Arabia Establishes New Tourism Authority

Saudi Arabia Establishes New Tourism Authority
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Saudi Arabia Establishes New Tourism Authority

Saudi Arabia Establishes New Tourism Authority

Local tourism in Saudi Arabia had undergone several stages of development until it turned into an organized sector supported by regulations, projects and programs.

Saudi Arabia had also further polished its image as a tourism destination by the launching of e-visas for tourists. It opened its gates to the world in a way that matches its rich heritage and tourism attractions it has to offer visitors.

Many Saudi towns, cities and historic sites are gaining a competitive edge on local and international levels thanks to the attention they have secured from Kingdom authorities that have made transforming the country into a tourism destination a prevalent trend.

The Saudi Cabinet had approved the establishment of the Saudi Tourism Authority (STA) based on the recommendation of Council of Economic and Development Affairs.

King Salman bin Abdulaziz issued in February 2020 a royal decree to set up a new ministry for tourism, after cancelling the Saudi Commission for Tourism and National Heritage (SCTH), and appointed Ahmed Al-Khateeb as head of the ministry.

The Saudi Tourism Authority is tasked with supervising, developing and marketing tourist packages and products both locally and internationally.

Over the last two decades, Saudi Arabia underwent a number of advanced stages in the file of organized tourism. The Asir region, nestled in southern Saudi Arabia, witnessed the formation of the first committee to stimulate tourism back in 1995.

In 2000, the Supreme Commission for Tourism was established. Over the years its name was changed, until a Ministry of Tourism was established in 2020.

The Ministry seeks to raise the contribution of the tourism sector to the Gross domestic product (GDP) from 3% to 10%.

It also focuses on creating an attractive investment environment, providing diverse packages of tourism services and offers, developing tourist destinations and sites, generating one million jobs in the tourism sector, and qualifying human labor working in the sector.



A Cultural Phenomenon? Banana Taped to a Wall Sells for $6.2 Mn in New York

(FILES) A journalist takes a picture of Italian visual artist Maurizio Cattelan's duct-taped Banana entitled "Comedian," displayed during a media preview at Sotheby's in New York, on November 8, 2024. (Photo by kena betancur / AFP)
(FILES) A journalist takes a picture of Italian visual artist Maurizio Cattelan's duct-taped Banana entitled "Comedian," displayed during a media preview at Sotheby's in New York, on November 8, 2024. (Photo by kena betancur / AFP)
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A Cultural Phenomenon? Banana Taped to a Wall Sells for $6.2 Mn in New York

(FILES) A journalist takes a picture of Italian visual artist Maurizio Cattelan's duct-taped Banana entitled "Comedian," displayed during a media preview at Sotheby's in New York, on November 8, 2024. (Photo by kena betancur / AFP)
(FILES) A journalist takes a picture of Italian visual artist Maurizio Cattelan's duct-taped Banana entitled "Comedian," displayed during a media preview at Sotheby's in New York, on November 8, 2024. (Photo by kena betancur / AFP)

A fresh banana taped to a wall -- a provocative work of conceptual art by Italian artist Maurizio Cattelan -- was bought for $6.2 million on Wednesday by a cryptocurrency entrepreneur at a New York auction, Sotheby's announced in a statement.

The debut of the edible creation entitled "Comedian" at the Art Basel show in Miami Beach in 2019 sparked controversy and raised questions about whether it should be considered art -- Cattelan's stated aim.

Chinese-born crypto founder Justin Sun on Wednesday forked over more than six million for the fruit and its single strip of silver duct tape, which went on sale for 120,000 dollars five years ago, AFP reported.

"This is not just an artwork. It represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community," Sun was quoted as saying in the Sotheby's statement.

"I believe this piece will inspire more thought and discussion in the future and will become a part of history."

The sale featured seven potential buyers and smashed expectations, with the auction house issuing a guide price of $1-1.5 million before the bidding.

Given the shelf life of a banana, Sun is essentially buying a certificate of authenticity that the work was created by Cattelan as well as instructions about how to replace the fruit when it goes bad.

The installation auctioned on Wednesday was the third iteration -- with the first one eaten by performance artist David Datuna, who said he felt "hungry" while inspecting it at the Miami show.

Sun, who founded cryptomoney exchange Tron, said that he intended to eat his investment too.

"In the coming days, I will personally eat the banana as part of this unique artistic experience, honoring its place in both art history and popular culture," he said.