Saudi crown prince launches mega Red Sea tourism project

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Red Sea Tourisms Project. (SPA)
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Red Sea Tourisms Project. (SPA)
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Red Sea Tourisms Project. (SPA)
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Red Sea Tourisms Project. (SPA)
Updated 02 August 2017

Saudi crown prince launches mega Red Sea tourism project

JEDDAH: Crown Prince Mohammed bin Salman, chairman of the Public Investment Fund (PIF), on Tuesday announced the launch of an international tourism project in the Kingdom called The Red Sea.
Envisioned as a resort built across a lagoon of 50 untouched islands, The Red Sea will be situated in one of the world’s last natural hidden treasures, between the cities of Umlaj and Al-Wajh. It will be developed in partnership with the world’s leading hospitality firms.
Situated just a few kilometers from one of the most diverse Saudi nature reserves and captivating dormant volcanoes in Harrat Al-Rahat, the resort promises to be a blissful coastal island retreat set against a backdrop of the ancient ruins at Mada’in Saleh, renowned for its beauty and historical significance.
Visitors will be able to explore hidden treasures, including a nature reserve that boasts a stunning diversity of flora and fauna at the foothills of the dormant volcano nearby. 
An array of marine-oriented resort developments will allow for unparalleled scuba diving among stunning coral reefs. The project will form an archipelago that is home to environmentally protected coral reefs, mangroves and several endangered marine species, including the hawksbill sea turtle. 
It will also boast dormant volcanoes, the most recently active of which has a recorded history of activity dating back to the 17th century AD. 
The project’s nature reserve is inhabited by rare wildlife including leopards, wolves, wildcats and falcons. Also on offer will be parachuting, trekking and rock climbing.
With tourism representing the second most important sector in the Kingdom, The Red Sea will spearhead the diversification of the Saudi leisure industry.

In line with Vision 2030, it will diversify Saudi tourism offerings to create a year-round hospitality sector while promoting cultural conservation and economic stimulation. 
The Red Sea will serve as a wellness center while setting new standards for sustainable development and environmental protection, which will be central to the project’s development. 
To ensure the highest standard of environmental conservation, the number of visitors annually will be capped and heritage sites will be restored.
Laws on par with international standards will govern the newly mapped semi-autonomous area, with initial groundbreaking expected in the third quarter of 2019. 
Completion of the project’s first phase is anticipated by the last quarter of 2022, which will include development of hotels, luxury residential units and all logistical infrastructure such as air, land and sea transport hubs.
The project will be developed with seed capital from the PIF, while partnerships with top-tier international companies will be formed. 
This will attract the world’s leading names in hotel and tourism operations while contributing to Saudi economic growth. The project aims to generate SR15 billion ($4 billion) annually to the Saudi economy and create 35,000 jobs.


Saudi minister hails ‘special relationship’ with Japan

Updated 46 min 45 sec ago

Saudi minister hails ‘special relationship’ with Japan

  • “We share common values,” said Majid Al-Qasabi

TOKYO: Saudi Arabia has a “special relationship” with Japan, which is “reliable strategic partner and friend” of the Kingdom, the Saudi Minister for Commerce and Investment Majid Al-Qasabi said on Monday.

The minister was speaking at the launch in Tokyo of the Japanese-language online edition of Arab News, in the latest stage of its global expansion. The event came on the eve of Tuesday’s ceremonial enthronement of Emperor Naruhito in the Japanese capital. “This is a great opportunity, a moment in history,” Al-Qasabi said.

The news website, published in Japanese and English, will focus on enabling the exchange of information between Japan and the Arab world in business, current affairs, and arts and culture. “It will be good to have news in Japanese so many Japanese can read about the Arab world,” Japan’s Defense Minister Taro Kono said at the launch.

Common values

“We share common values, we have a high respect for the elders and we think that the family is very important … to me we are friends and I think we need to work together.

“In order to do that we need to know what people in the Middle East are actually thinking, what is happening on a daily basis, and we haven’t got the source for that — but now Arab News is in Japan.

“This is a very good means to exchange information between the Middle East and Japan, so I am very much looking forward to it.”