Saudi Red Sea project to offer visa on arrival for tourists

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The Saudi government revealed plans to develop resorts on some 50 islands off the Kingdom’s Red Sea coast. (SPA)
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The Saudi government revealed plans to develop resorts on some 50 islands off the Kingdom’s Red Sea coast. (SPA)
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The Saudi government revealed plans to develop resorts on some 50 islands off the Kingdom’s Red Sea coast. (SPA)
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The Saudi government revealed plans to develop resorts on some 50 islands off the Kingdom’s Red Sea coast. (SPA)
Updated 07 June 2018
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Saudi Red Sea project to offer visa on arrival for tourists

  • Saudi Arabia’s Red Sea Project has been registered as a standalone company
  • The venture will be will be headed by John Pagano, former director of London’s Canary Wharf business zone

LONDON: Saudi Arabia’s Red Sea project will offer visas on arrival for overseas visitors following the creation of a company to deliver the ambitious project.
The project marked a milestone on Sunday with its incorporation as a standalone closed joint-stock company, The Red Sea Development Company (TRSDC), wholly owned by the country’s Public Investment Fund (PIF).
The company, which in October announced Virgin Group founder Richard Branson as one of its board members, on Sunday said it had recruited John Pagano, the former managing director of development for the UK’s Canary Wharf Group as its chief executive.
The newly-incorporated company will now move forward with the creation of its Special Economic Zone, with its own regulatory framework, it said in a statement.
The framework will be separate from the base economy, with a special emphasis on environmental sustainability, and will offering visa on entry, relaxed social norms, and improved business regulations.
“The destination will provide a unique sense of place for visitors and offer nature lovers, adventurers, cultural explorers and guests looking to escape and rejuvenate, a wide range of exclusive experiences, combining luxury, tranquillity, adventure and beautiful landscapes,” said Pagano.
The first phase of The Red Sea Project — which will occupy an area greater than the size of Belgium between the cities of Al-Wajh and Umluj — will include hotels and residential units, along with a new costal town, an airport and a marina, and is due for completion by late 2022, the company said.
Authorities hope the project will create as many as 35,000 jobs and contribute SR15 billion ($3.99 billion) to the local economy.
The project, unveiled last July by Crown Prince Mohammed bin Salman, is one of the key developments in Saudi Arabia’s strategy to develop its tourism sector, alongside Qiddiya, an entertainment resort near Riyadh that will be two-and-a-half times the size of Disney World.
The country’s Vision 2030 economic development plan is targeting the creation of 1.2 million new jobs in the Saudi tourism sector by 2030.


MiSK, Qiddiya team up for internship program 

Updated 25 March 2019
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MiSK, Qiddiya team up for internship program 

  • Interns will work on entertainment mega-project
  • Program open to university seniors and new graduates

RIYADH: A new internship program for young Saudis has been launched in the Kingdom, following a partnership between Misk Foundation and the Qiddiya Investment Company (QIC).

The program runs from June 16 to Aug. 31, 2019, and provides an opportunity for university seniors and recent graduates to be part of Qiddiya, an entertainment mega-project located 40 minutes from Riyadh.

Interns will have the chance to work at Qiddiya’s corporate offices alongside professionals from around the world and will be placed across 12 departments.

They will learn and develop skills that are required to succeed in their professional lives.

They will also gain exposure to QIC’s culture and learn from executives with over 20 years of experience across several sectors. 

QIC CEO Mike Reininger said: “We are contributing directly to the Saudi Vision (2030 reform plan) by creating a richer lifestyle for Saudi citizens while spurring innovation in the creative, hospitality and entertainment sectors. This unique opportunity allows students and fresh graduates to experience what it takes to be part of the change in Saudi by giving them the chance to work alongside a group of both local and international seasoned professionals. Thanks to this partnership with MiSK, we will be training the next generation of industry leaders.” 

Application to the program is open for those with fewer than two years of professional experience. Candidates must show strong academic credentials and submit a short video as part of their application.

King Salman led the Qiddiya ground-breaking ceremony in front of a global audience last April.

The project is aimed at helping to stem the $30 billion a year which Saudis currently spend abroad on tourism, and has the backing of the Kingdom’s Public Investment Fund.

It targets local, regional and international tourists and will be Saudi Arabia’s preeminent entertainment, sports and cultural destination.

It is expected to be the world’s largest entertainment city by 2030, with a total area of 334 square kilometers, surpassing Walt Disney World in Florida, which is only 110 sq. km.