Trump told Israel not to target Iran's supreme leader, says report    Man suspected of shooting Minnesota lawmakers arrested after huge manhunt    Investigators find cockpit voice recorder from crashed Air India flight    5 arrested for stealing cables in Makkah    GASTAT: Inflation falls to 2.2% in May    Gulf stock markets tumble amid Israel-Iran escalation    Saudi Aramco shares rise as oil surges 7% on geopolitical fears    Ministry of Commerce: Companies to be penalized if failed to submit financial statements by June 30    Hajj minister reassures safe departure of Iranian pilgrims in call with head of Iran's Hajj Organization    Crown Prince reaffirms Saudi condemnation of Israeli attacks in call with Iran's president    First group of Iranian pilgrims departed via Jadidat Arar border crossing    Trump urges Iran and Israel to make peace deal    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    Al Hilal president: No new signings for Club World Cup due to inflated demands    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Saudi Arabia face uphill task against Australia in World Cup qualifier    Portugal beats Spain to win The Nations league    Cowboy Beyoncé dazzles nearly sold-out stadium    How to pre-register for VALORANT Mobile    Disney lays off hundreds more as it cuts costs    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Arabia and the big tourist cake
Published in The Saudi Gazette on 02 - 11 - 2019

ACCORDING to 2018 World Tourism Organization (WTO) data, the contribution of the tourist sector to global GDP was about 10.4 percent representing more than eight trillion dollars. At the level of labor markets, the contribution of tourism in the world was 9.9 percent representing about 313.2 million job opportunities.
The WTO report said the expenditure of travelers around the world in 2019 was $1.49 trillion representing about 6.5 percent of total global exports.
It said that tourism investments in the world reached $882.4 billion representing about 4.5 percent of total global investments during the year 2017.
The report expected the number of international visitors in the world to reach 2.09 billion and said the contribution of the tourist sector would increase by about $12.5 trillion in 2028.
The Kingdom has decided to get its share of this large cake through its Vision 2030 program being led by its young and dynamic Crown Prince Muhammad Bin Salman.
The Kingdom is determined to cut a piece of the cake which is commensurate with the size of its economy, potentials and natural, environmental and cultural resources.
This will be in line with the Kingdom's concerted endeavors to establish an integrated economy in industry, mines and alternative energy (solar, nuclear and wind energy) or in the logistical and service sectors that are not influenced by the price of oil or its depletion.
You can, therefore, dear reader, imagine a country the size of a continent enjoying a strategic position between three continents with deserts, high mountains on which the snow falls throughout the year, forests, plateau, plains and shores which are more than 2,500 km long.
The Kingdom has more than 1,280 islands with varied weather during the four seasons.
It has antiquities extending from the stone age and ancient civilizations from 5,000 BC to the third Saudi dynasty and more than 10,000 heritage and cultural locations of which 500 are mentioned in old Arabic poetry and 400 in the sayings of the Prophet (peace be upon him).
The Kingdom also has a variety of cultural, architectural, art and popular locations that have no parallel.
Moreover, the Kingdom has a strong basic infrastructure that can easily be developed to accommodate millions of tourists.
It has gigantic projects on which work is progressing such as the Neom, the Red Sea Project and Qiddaya, the largest entertainment city in the world.
The Kingdom, in my view, is rediscovering itself before unearthing its tourist treasures. It is presenting itself to people as a country replete with attractive religious and tourist attractions.
The world and the region must be prepared for the strong entry of Saudi Arabia into the tourist sector which usually occupies third place in contribution to global GDP.
This is a tremendous opportunity that Saudis should not miss. They should be determined to have a very large slice of the tourist cake.


Clic here to read the story from its source.