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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)
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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.

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Desperate for Cash, Gazans Sell Clothes Plucked from Rubble

Desperate for Cash, Gazans Sell Clothes Plucked from Rubble
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Desperate for Cash, Gazans Sell Clothes Plucked from Rubble

Desperate for Cash, Gazans Sell Clothes Plucked from Rubble

Moein Abu Odeh clambered up a pile of rubble in southern Gaza, searching for clothes, shoes, anything he could sell to raise cash more than a year since Israel started its relentless bombardments.

The father-of-four delved under blocks and brushed away piles of concrete dust at the site of one airstrike in the wrecked city of Khan Younis. His plan was to sell what he found to buy flour.

"If food and drink were available, believe me, I would give (these clothes) to charity," he said. "But the struggles we are going through (mean we) have to sell our clothes to eat and drink."

Widespread shortages and months of grinding war have generated a trade in old clothing, much of it salvaged from the homes of people who have died in the conflict.

At one makeshift market, shoes, shirts, sweaters and sneakers were laid out on dusty blankets, Reuters reported.

A girl tried on a single worn-out boot, which could come in handy this winter if she can afford it in Gaza's ruined economy.

A trader got an edge on his competitors by shouting out that his wares were European.

One man laughed as he got a young boy to try on a green jacket.

"We get clothing from a man whose house was destroyed. He was digging in the concrete to get some (clothing) and we buy them like this and sell them at a good price," displaced Palestinian Louay Abdel-Rahman said.

He and his family arrived in the city from another part of Gaza with only the clothes they were wearing. So he also keeps some back for them. "The seasons have changed from summer to winter and we need clothing," he said.

In April, the UN estimated it would take 14 years to dispose of the wreckage in Gaza. The UN official overseeing the problem said the clean-up would cost at least $1.2 billion.

More than 128,000 buildings have been destroyed or severely or moderately damaged in Gaza as a result of the conflict, the UN says. Underneath all of that are seams of mangled clothes.

"All our children only have short-sleeve clothing and nobody is helping them," Saeed Doula, a father-of-seven, said. "The war is all-encompassing."