New Saudi visa scheme to be announced 27 September, 50 nationalities expected to benefit

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Updated 06 September 2019

New Saudi visa scheme to be announced 27 September, 50 nationalities expected to benefit

  • An event later this month will promote “the sights and sounds” of Saudi Arabia
  • Travel experts say tourism and leisure could account for 10 percent of gross domestic product by 2030

DUBAI: Saudi Arabia is putting the final touches to a “game changer” initiative to attract international tourists, with a visa scheme to open the Kingdom to visitors from up to 50 countries, Okaz newspaper reported.

Although not officially confirmed by the government, industry sources told Arab New an event to showcase Saudi tourist attractions would take place this month, with a major global advertising campaign launched in the presence of leading international travel and tourism experts.

Leisure tourism — in a market hitherto dominated by pilgrimage — is a vital part of the Vision 2030 plan to diversify the economy away from oil dependency. Travel experts say tourism and leisure could account for 10 percent of gross domestic product by 2030, adding more than $100 billion a year to the economy.

The event on Sept. 27 will promote “the sights and sounds” of Saudi Arabia to a regional and international audience. Progress on other tourism projects — such as a nationwide digital events calendar and plans to expand the successful “Saudi Seasons” concept — will also feature. 

Work is already underway on a luxury resort on the Red Sea coast, visitor facilities at the historic AlUla area and an entertainment city at Qiddiya outside Riyadh.

HIGHLIGHTS

• An event to showcase Saudi tourist attractions would take place on Sept. 27.

• Leisure tourism is a vital part of the Vision 2030 plan to diversify the economy away from oil dependency.

• Travel experts say tourism and leisure could account for 10 percent of GDP by 2030.

• The event will promote ‘the sights and sounds’ of the KSA to a regional and global audience.

The economic effects of new tourist visas will be significant. The World Travel and Tourism Council said leisure and tourism accounted for 9 percent of the Kingdom’s economy in 2018, and forecast it would rise to 10.4 percent by 2029, calculated by direct and indirect economic impact. 

The property consultancy Colliers International estimated in a recent report that tourism and travel would make up 9 percent of the total GDP by 2026.

Imad Damrah, managing director of Colliers Saudi Arabia, told Arab News that foreign tourism visas would have a significant impact. “It will be a game changer for tourism, leisure and entertainment in Saudi Arabia,” he said.

“It will not just encourage more new people to come, but it will be easier for people who have already decided to come.”

Damrah believes Saudi Arabia can hold its own in the global tourism business. “Let’s get some perspective on this. If you come to Saudi Arabia, you can still go to Florida, or Dubai, as well. Every destination has its own attraction,” he said.


Misk Initiatives Center signs 12 deals to develop youth talent

Updated 47 min 51 sec ago

Misk Initiatives Center signs 12 deals to develop youth talent

  • MoUs with top firms such as Chinese tech giant Huawei, French oil major Total open new opportunities

RIYADH: The Prince Mohammed bin Salman’s Foundation Misk Initiatives Center has signed 12 memorandums of understanding (MoU) on the sidelines of the Misk Global Forum in Riyadh with local and international companies to support and develop youth talent.

Among the companies were the Chinese tech giant Huawei, the French oil firm Total, the Emirati Federal Youth Authority, and the Ministry of Economy and Planning.

The agreements stipulated joint work between the two parties in the fields of talent development in Saudi Arabia and information and communications technology, in accordance with the National Transformation Program 2020 and the Kingdom’s Vision 2030. 

This initiative aims to find ways of cooperation and employment opportunities between the two parties.

The MoU signed between the center and the Emirati Federal Youth Authority provides for the enhancement of joint cooperation in support of youth. 

The two parties will seek to discuss future cooperation, to build a strategic partnership between the two parties in exploring potential cooperative opportunities and setting a framework for such cooperation, in addition to organizing the exchange of technologies and innovations through the joint organization of courses, forums and workshops.

The MoU aims at creating a specialized scientific dialogue between the two parties, conducting joint research at the institutes in the field of entrepreneurship and the skills of the future, considering launching joint initiatives, and examining the possibilities of cooperative programs based on the extensive experience of Misk and the Federal Youth Authority.

Misk’s Initiatives Center agreement with Total will promote joint cooperation, find training opportunities for Saudi talent at the company’s headquarters and facilities, and cooperate on educational programs that support entrepreneurship and an ecosystem for startup companies, especially in the fields of energy and technology.

The Misk Global Forum also witnessed the signing of a MoU with “Hub71” to promote learning and leadership among Saudi youth, and enhance opportunities for joint collaboration, in addition to two MoUs with 500 startups and seed stars “to promote joint cooperation between the two parties, to develop and grow the business of startups and provide them with the necessary
environment.”

Misk also signed a MoU with the Public Institution for Education and Global Leadership to promote joint cooperation and achieve the objectives of both sides, to support innovation initiatives that instill the entrepreneurial mindset of young people, as well as the establishment and organization of entrepreneurship approaches. 

Both parties agreed to focus on exploring potential collaborative opportunities related to the Entrepreneurship World Cup, and establish a competition with competitors coming from 170 countries.

Both parties also agreed to support international competitions aimed at identifying the best solutions in various fields and sectors, as well as exchanging programs on entrepreneurship and innovation.

The center has signed a MoU with the Saudi Industrial Development Fund to discuss the possibility of providing training programs and courses for the center’s employees of the Fund and the relevant authorities. In addition to discussing available opportunities for cooperative training within the Fund, and providing opportunities for participation and contribution of the Fund’s staff in Misk’s programs.

The MoU aims to explore the benefits of existing agreements between the two parties with international financial and educational institutions, in order to find opportunities that provide programs, training and educational courses, and granting cooperative trainings for Saudi youth in those global institutions.

The center also signed a MoU with the Islamic Educational, Scientific and Cultural Organization (ISESCO), aiming to enhance joint cooperation on educational technology and its integration into the educational systems in the Islamic world.

An MoU with King Abdullah University of Science and Technology (KAUST) will enhance the cooperation between the two parties in several initiatives, including academic development, training, entrepreneurship and innovation programs.

An MoU with Endeavor Saudi Arabia will support the Kingdom’s youth, enhance their talents and potential, stimulate economic growth, and find ways of cooperation between the two parties that serve their common interests.

The center’s MoU with the Ministry of Economy and Planning aims to spread awareness, provide new information on the education and training of human resources in the administrative and economic fields, youth empowerment, and coordinate efforts to raise their abilities.

The MoU aims to create cooperative training opportunities in local and international institutions with the purpose of workforce growth in the Kingdom’s economic sector, contributing to the development of national competencies in the economy, policies and procedures, strategic planning, in addition to providing job opportunities for graduates from areas that serve the interests of both parties and support the achievement of the Kingdom’s Vision 2030.