عربي English Türkçe اردو فارسى
Logo
Latest News
Features

Saudi Arabia Puts More Emphasis on Boosting Tourism

Historical sites are attractive to tourists and a focal point for investment (AFP)
Historical sites are attractive to tourists and a focal point for investment (AFP)
TT
TT

Saudi Arabia Puts More Emphasis on Boosting Tourism

Historical sites are attractive to tourists and a focal point for investment (AFP)
Historical sites are attractive to tourists and a focal point for investment (AFP)

Saudi Arabia’s tourism industry has been making strides over the past few years, as billion-dollar projects and initiatives were launched and major decisions, such as the Saudi Season initiative and the decisions to make tourist visas available. These strides have highlighted the country's major touristic potential, shedding light on the attractive destinations of its diverse regions.

The Kingdom aims for tourism to contribute from about 3% of GDP to 10% of GDP by 2030. The most recent initiative taken to this end was the establishment of the Tourism Development Fund, to which 15 billion Riyals (4 billion dollars) have been allocated to develop the private sector and encourage investment.

Earlier this week, the Crown Prince, Deputy Prime Minister, Chairman of the Council of Economic and Development Affairs, and Chairman of the Public Investment Fund Mohammad bin Salman Al-Saud agreed to the formation of the Tourism Development Fund’s board of directors. The board that is headed by Mr. Amed Al-Khateeb, Saudi Arabia’s Minister of Tourism, includes Princess Haifa bint Mohammed Al-Saud, Muhammad Al-Omran, and Muhammad Al-Hawqal. The Council of Ministers approved the structure of the Tourism Development Fund during its most recent meeting this Tuesday.

Speaking to Asharq Al-Awsat, the experts emphasized the importance of this fund and said they were confident that it will strengthen Saudi Arabia’s tourism sector.

Nabeel Koshak, the CEO of Saudi Venture Capital Company, said that the fund is one of the many bodies that support the tourism industry system and its development by providing investment opportunities, stressing that it will incentivize local or international investment in this sector and small and medium enterprises, which he says are of significant importance because of the large number of people they employ.

Abdulaziz Al-Omran, an economic analyst, said tourist initiatives in Saudi Arabia, like those of Diriyah and Al-Ula, have been gaining increasing prominence, noting that they showcase the beauty of Saudi Arabia’s diverse cities, each of which has its unique characteristics.

These projects, in addition to the "hospitable" nature of Saudi society, make the kingdom a popular destination. He adds that the fund will stimulate investment in the tourism sector, which will create many jobs in the future, and its development is vital for continued job creation.

Most Viewed

 
 
Features

Little Hope in Gaza that Arrest Warrants will Cool Israeli Onslaught

Palestinians gather to buy bread from a bakery, amid the Israel-Hamas conflict, in Khan Younis, in the southern Gaza Strip November 22, 2024. REUTERS/Hussam Al-Masri Purchase Licensing Rights
Palestinians gather to buy bread from a bakery, amid the Israel-Hamas conflict, in Khan Younis, in the southern Gaza Strip November 22, 2024. REUTERS/Hussam Al-Masri Purchase Licensing Rights
TT
TT

Little Hope in Gaza that Arrest Warrants will Cool Israeli Onslaught

Palestinians gather to buy bread from a bakery, amid the Israel-Hamas conflict, in Khan Younis, in the southern Gaza Strip November 22, 2024. REUTERS/Hussam Al-Masri Purchase Licensing Rights
Palestinians gather to buy bread from a bakery, amid the Israel-Hamas conflict, in Khan Younis, in the southern Gaza Strip November 22, 2024. REUTERS/Hussam Al-Masri Purchase Licensing Rights

Gazans saw little hope on Friday that International Criminal Court arrest warrants for Israeli leaders would slow down the onslaught on the Palestinian territory, where medics said at least 24 people were killed in fresh Israeli military strikes.

In Gaza City in the north, an Israeli strike on a house in Shejaia killed eight people, medics said. Three others were killed in a strike near a bakery and a fisherman was killed as he set out to sea. In the central and southern areas, 12 people were killed in three separate Israeli airstrikes.

Meanwhile, Israeli forces deepened their incursion and bombardment of the northern edge of the enclave, their main offensive since early last month. The military says it aims to prevent Hamas fighters from waging attacks and regrouping there; residents say they fear the aim is to permanently depopulate a strip of territory as a buffer zone, which Israel denies.

Residents in the three besieged towns on the northern edge - Jabalia, Beit Lahiya and Beit Hanoun - said Israeli forces had blown up dozens of houses.

An Israeli strike hit the Kamal Adwan Hospital in Beit Lahiya, one of three medical facilities barely operational in the area, injuring six medical staff, some critically, the Gaza health ministry said in a statement, Reuters reported.

"The strike also destroyed the hospital's main generator, and punctured the water tanks, leaving the hospital without oxygen or water, which threatens the lives of patients and staff inside the hospital," it added. It said 85 wounded people including children and women were inside, eight in the ICU.

Later on Friday, the Gaza health ministry said all hospital services across the enclave would stop within 48 hours unless fuel shipments are permitted, blaming restrictions which Israel says are designed to stop fuel being used by Hamas.

Gazans saw the ICC's decision to seek the arrest of Israeli leaders for suspected war crimes as international recognition of the enclave's plight. But those queuing for bread at a bakery in the southern city of Khan Younis were doubtful it would have any impact.

"The decision will not be implemented because America protects Israel, and it can veto anything. Israel will not be held accountable," said Saber Abu Ghali, as he waited for his turn in the crowd.

Saeed Abu Youssef, 75, said even if justice were to arrive, it would be decades late: "We have been hearing decisions for more than 76 years that have not been implemented and haven't done anything for us."

Since Hamas's October 7th attack on Israel, nearly 44,000 Palestinians have been killed in Gaza, much of which has been laid to waste.

The court's prosecutors said there were reasonable grounds to believe Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant were criminally responsible for acts including murder, persecution, and starvation as a weapon of war, as part of a "widespread and systematic attack against the civilian population of Gaza".

The Hague-based court also ordered the arrest of the top Hamas commander Ibrahim Al-Masri, also known as Mohammed Deif. Israel says it has already killed him, which Hamas has not confirmed.

Israel says Hamas is to blame for all harm to Gaza's civilians, for operating among them, which Hamas denies.

Israeli politicians from across the political spectrum have denounced the ICC arrest warrants as biased and based on false evidence, and Israel says the court has no jurisdiction over the war. Hamas hailed the arrest warrants as a first step towards justice.

Efforts by Arab mediators Qatar and Egypt backed by the United States to conclude a ceasefire deal have stalled. Hamas wants a deal that ends the war, while Netanyahu has vowed the war can end only once Hamas is eradicated.