As ‘Capital of Arab Tourism’, Abha to bring investment opportunities

Abha has a diverse environment with forests and towering highlands.
Updated 02 January 2017
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As ‘Capital of Arab Tourism’, Abha to bring investment opportunities

ABHA: Abha’s status as “Capital of Arab Tourism” for 2017 will bring dozens of investment opportunities, experts have said.
The Saudi city was earlier named the tourism capital for this year by the Arab Tourism Organization.
Abha has a diverse environment, with forests in the parks Soudah, Dulghan, Al-Hubala, and towering highlands in addition to the eastern plains and western coasts.
Asir Municipality seeks to keep pace with the celebration of the coronation of the city of Abha as the Capital of Arab Tourism 2017 through offering dozens of investment opportunities inside the city to help attract investors.
Director-general of investment in the region Ali Al-Haid explained that tender specifications for those opportunities include international conferences and exhibitions areas, a shopping mall, hotel, two restaurants at two distinct tourist sites in addition to a number of other opportunities.
“The project of exhibition and conference, the airport’s mall and hotel which is located on an area of 200,000 square meters will contribute to the revitalization of tourism in the region throughout the year as well as embracing many programs, events and conferences,” he said.
Al-Haid said that these opportunities include “a shopping mall on King Abdullah Road in an area of 30,000 square meters, near the King Faisal Medical City and the hostel university, in addition to 5-star hotels and villas.”
Al-Haid said that the opportunities include the operation, maintenance and investment of the Airport Park, which has been carried out at a cost of SR33.375 million in a total area of 125,000 square meters.


Abdul-Mahdi: Relations between Iraq and GCC ‘must progress’

Updated 56 min 7 sec ago
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Abdul-Mahdi: Relations between Iraq and GCC ‘must progress’

  • Abdul-Mahdi and Al-Zayani discussed the development of relations between Iraq and GCC countries and issues of mutual interest
  • Abdul-Mahdi also attended the Saudi-Iraqi Business Forum, which included representatives from large Saudi companies

RIYADH: Relations between Iraq and the Gulf Cooperation Council are important and “must progress, ” Prime Minister Adel Abdul-Mahdi said on Thursday.
On the second day of his visit to Saudi Arabia, Abdul-Mahdi met with the secretary general of the GCC, Abdullatif bin Rashid Al-Zayani in Riyadh.
Abdul-Mahdi and Al-Zayani discussed the development of relations between Iraq and GCC countries and issues of mutual interest.
“Cooperation and economic relations must progress for the better,” Abdul-Mahdi said.

Saudi Arabia and Iraq have agreed to cooperate in security and intelligence matters, Iraqi Foreign Minister Mohammed Ali Al-Hakim told Al Arabiya television. 
Meanwhile, Abdul-Mahdi also attended the Saudi-Iraqi Business Forum, which included representatives from large Saudi companies.
He also inaugurated an exhibition on Wednesday called “Cities Destroyed by Terrorism” that is showing at the National Museum in Riyadh. The exhibition was organised by the Minister of Culture and the Arab World Institute in Paris.
The Iraqi prime minister arrived in Riyadh on Wednesday for a two-day visit to the Kingdom. He held talks with King Salman on relations between the two countries, and later met with Crown Prince Mohammed bin Salman.


His visit to the Kingdom “symbolizes the Iraqi government's vision in aiming to bolster ties with the Kingdom in all fields,” the Iraqi prime minister said on Facebook.
The two countries signed 13 agreements and memorandums of understanding between their various ministries. The deals covered many areas including energy, education, culture and political consultation.