Saudi Arabia’s Hajj Economies Prepare for 2021 Pilgrimage Season

Saudi Arabia’s Hajj and Umrah Ministry officially confirmed that the Hajj pilgrimage would be held in 2021, Asharq Al-Awsat
Saudi Arabia’s Hajj and Umrah Ministry officially confirmed that the Hajj pilgrimage would be held in 2021, Asharq Al-Awsat
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Saudi Arabia’s Hajj Economies Prepare for 2021 Pilgrimage Season

Saudi Arabia’s Hajj and Umrah Ministry officially confirmed that the Hajj pilgrimage would be held in 2021, Asharq Al-Awsat
Saudi Arabia’s Hajj and Umrah Ministry officially confirmed that the Hajj pilgrimage would be held in 2021, Asharq Al-Awsat

To optimize the experience of Muslim pilgrims visiting holy sites in Saudi Arabia this year’s Hajj season, local Hajj and Umrah guides have upped their preparation levels in the Kingdom.

On Sunday, the Hajj and Umrah Ministry officially confirmed that the Hajj pilgrimage would be held this year, but under “special conditions” to protect pilgrims against the spread of the coronavirus.

Even though the details of regulatory plans haven’t been announced yet, the decision to hold Hajj will certainly have a positive impact on Hajj-related industries like accommodation, transportation, and retail, local Hajj guides told Asharq Al-Awsat.

After a year-long pause brought about by the coronavirus pandemic, Hajj economies in Saudi Arabia are now on track to revitalization and recovery.

“The mere announcement made by the Hajj and Umrah Ministry sent a glimmer of hope to all Tawafa (Hajj and Umrah guide) institutions,” said Mohamed Maajini, an official guide at the National Tawafa Establishment for Pilgrims of Arabian Countries.

“It constitutes a starting point and a much-needed push for the gradual reviving of Tawafa institutions,” he told Asharq Al-Awsat.

The Hajj and Umrah conductor reaffirmed that Tawafa agencies in Saudi Arabia are “ready to serve any number of pilgrims and have had an early start on making arrangements for all potential scenarios.”

“Tawafa institutions have completed setting general plans that cover all aspects of the pilgrimage,” confirmed Maajini, adding that guides will be updated on the specifics, protocols, and regulatory systems after they are announced by authorities.

As for how hard the coronavirus hit Saudi Arabia’s Hajj and Umrah markets, Maajini emphasized that the Kingdom was successful in employing efficient policies to limit the damage.

“Undoubtedly, the pandemic has left the world in isolation and negatively impacted global economies, but Saudi Arabia managed to stay ahead of time in containing the pandemic and underpinning vulnerable private sector industries,” he said.

It is worth noting that optimism over Hajj 2021 season is not exclusive to guide agencies in the Kingdom. It extends to a host of Hajj commerce players.

“What was announced by the Hajj and Umrah Ministry constitutes good news for all sectors operating in the Hajj sector,” Saudi businessman Mahmoud Mughrabi told Asharq Al-Awsat.

Moreover, he reaffirmed that all Hajj entrepreneurs have total confidence and hope in authorities and Hajj crews reaching and implementing a clear and comprehensive vision that guarantees the safety of pilgrims.

Mughrabi predicted that the all-inclusive plan for Hajj 2021 would be disclosed soon, after Muslims finish celebrating Eid al-Fitr in mid-May.

On that note, Mughrabi asserted that present-day mobility in different areas of the Hajj sector serves the Saudi economy in general and the Hajj and Umrah markets in particular.

“There is mobilization in various fields to serve both the Saudi economy and all workers in Hajj specialized services,” he said.

He pointed out that Tawafa agents will help guide foreign pilgrims by coordinating with government missions and authorities tasked with organizing the Hajj season and safeguarding pilgrims.



Cluster2 Company Launches Direct Flights from Muscat to Saudi Arabia's Taif

 Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA
Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA
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Cluster2 Company Launches Direct Flights from Muscat to Saudi Arabia's Taif

 Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA
Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA

The Cluster2 Company, operator of Taif International Airport, announced the launch of three direct flights per week between Muscat and Taif via Oman Air, starting January 31, SPA reported.

The launch of international flights through the cluster’s airports comes as part of its ongoing commitment to improving the passenger experience and expanding international travel options, while continuing to build strategic partnerships with global airlines to enhance air connectivity in the Kingdom.


Oil Prices Rise as US Ramps up Action against Venezuela Tankers

A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer
A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer
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Oil Prices Rise as US Ramps up Action against Venezuela Tankers

A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer
A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer

Oil prices rose on Monday after the US intercepted ​an oil tanker in international waters off the coast of Venezuela and tensions in Russia's war against Ukraine remained high, with both developments raising fears of supply disruption.

Brent crude futures gained $1.31, or 2.17%, to $61.78 a barrel by 1316 GMT. US West Texas Intermediate crude rose by $1.25, or 2.2%, to $57.77.

Market participants now see a risk of disruption to Venezuelan oil exports because of the US ‌embargo, having previously ‌been complacent in that regard, said ‌UBS ⁠analyst Giovanni ​Staunovo.

Venezuelan crude ‌accounts for about 1% of global supply.

Growing supply from the US and the OPEC+ producer group have largely offset worries over supply disruption elsewhere to keep Brent futures around $65 a barrel in the second half of 2025, though prices have eased in the past month because of oversupply concerns.

Oil prices have been supported by developments off Venezuela while ⁠Russia-Ukraine tensions simmer in the background in an otherwise very bearish market, said June ‌Goh, analyst at Sparta Commodities.

The US Coast ‍Guard is pursuing an oil ‍tanker in international waters near Venezuela in what would be the ‍second such operation over the weekend and the third in less than two weeks if successful, officials told Reuters on Sunday.

A rebound in oil prices has been sparked by US President Donald Trump's announcement of a "total ​and complete" blockade of sanctioned Venezuelan oil tankers and subsequent developments there, followed by reports of a Ukrainian drone strike ⁠on a Russian shadow fleet vessel in the Mediterranean, said IG analyst Tony Sycamore.

The Brent and WTI benchmarks fell by about 1% last week.

US special envoy Steve Witkoff said on Sunday that talks between US, European and Ukrainian officials in Florida over the past three days in an effort to end Russia's war in Ukraine had focused on aligning positions. Those meetings and separate talks with Russian negotiators had been productive, he said.

However, the top foreign policy aide of Russian President Vladimir Putin said that changes made by the Europeans ‌and Ukraine to US proposals had not improved prospects for peace.


GASTAT: Construction Costs in Saudi Arabia Rose 1% in November

The monthly Construction Cost Index survey results showed price stability in November 2025 compared with October 2025. SPA
The monthly Construction Cost Index survey results showed price stability in November 2025 compared with October 2025. SPA
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GASTAT: Construction Costs in Saudi Arabia Rose 1% in November

The monthly Construction Cost Index survey results showed price stability in November 2025 compared with October 2025. SPA
The monthly Construction Cost Index survey results showed price stability in November 2025 compared with October 2025. SPA

The Construction Cost Index in Saudi Arabia rose 1% in November 2025 compared with the same month last year, driven by equal 1% increases in both residential and non-residential construction costs, according to data released by the Kingdom’s General Authority for Statistics (GASTAT).

The monthly Construction Cost Index survey results showed price stability in November 2025 compared with October 2025.

The Construction Cost Index bulletin is part of GASTAT’s ongoing efforts to develop statistical products for vital sectors and provide a reliable and effective reference with accurate estimates to support decision-making by contractors, real estate developers, and relevant entities.

These efforts contribute to drawing a clear roadmap for residential and non-residential construction projects in the building and construction sector.