Size of tourism industry crosses SR100m mark

Updated 02 August 2015

Size of tourism industry crosses SR100m mark

RIYADH: The size of the tourism industry has crossed the SR100-million mark with around 130 organizations in the field and the revenues generated through festivals are approximately SR11 billion annually, experts have said.
The figures have been provided by industry experts to the Saudi Commission for Tourism and National Heritage (SCTNH).
"The revenue is generated through tourism trips organized by the festivals, in addition to the hotel occupancy and their activities such as visits to malls, restaurants and service centers in all the provinces where the festivals feature, an SCTNH spokesman said on Friday.
He said that the experts and economists who coordinate with the SCTNH strongly believe that the tourism event industry is a key economic driver.
Abdullah bin Abdul Malik Al-Morshid, acting director general of programs and products in SCTNH, said: “Tourism events enjoy high demand because of their benefits to the local communities. They also help in the marketing of agricultural products, promoting handicraft products and creating new employment opportunities for locals, particular for the youth," he underlined.
Al Morshid further said the SCTNH recently announced its comprehensive program for the development of tourism events in the Kingdom for 2014-2018. The SCTNH pays a close attention to support tourism festivals through the “Tourism event support program,” which resulted in more than 50,000 temporary jobs since 2005, he said.
Mogbil Al-Mogbil, a prominent event operator and investor in tourism events, considers it as one of the most important areas for future investment in the Kingdom. He stressed on the role of SCTNH in regulating and developing this industry and turning it into a professional business "because the industry still faces some challenges, the most important of them being holding of tourism festivals linked to public holidays."
Abdul Aziz bin Abdullah Al-Mahwoos, another event operator, said: “This activity achieves high investment returns. Event management is an important industry that requires professional operators, particularly in the area of investment."
He appreciated the SCTNH for support to tourism event operators and organization of international tours.
Notably, tourism event industry is a new and promising economic activity poised to grow rapidly in the light of significant increase in festivals annually. Different areas in the Kingdom annually host more than 100 festivals around the year, including entertainment, shopping, desert and heritage festivals and some events related to agricultural products and entertainment festivals.

‘Individuals responsible for Khashoggi's death were out of scope of their authority’, Saudi FM tells Fox News

Updated 21 October 2018

‘Individuals responsible for Khashoggi's death were out of scope of their authority’, Saudi FM tells Fox News

  • Al-Jubeir said "conflicting reports" about whether Khashoggi had left consulate in Istanbul prompted probe
  • Said Kingdom was working on finding out location of the body and determining full details

WASHINGTON: Saudi Arabia's Foreign Minister Adel Al-Jubeir said on Sunday that King Salman is determined to hold to account those responsible in the case regarding the late journalist Jamal Khashoggi.

“The individuals did this out of the scope of their authority,” Jubeir told Fox News’ Bret Baierhe during an exclusive interview, adding that none of those involved in Khashoggi’s death had close ties to Saudi Arabia's Crown Prince Mohammed bin Salman.

“There were not people closely tied to him. This was an operation that was a rogue operation,” he said.

He added that conflicting reports about whether Khashoggi had left the Saudi Arabian consulate in Istanbul prompted a probe into his disappearance, and that Saudi Arabia will continue to put out information on the case "as it becomes available."

The Saudi foreign minister offered his condolences to the family of Khashoggi and said the death was a "tremendous mistake."

Al-Jubeir added that Saudi Arabia was working on finding out the location of Khashoggi’s body and determining the full details into what happened.

He told the news program that Saudi-US ties would "weather" the Khashoggi case.