海角直播

海角直播鈥檚 Tabuk targets development with over $67m investment deals聽

The agreements, finalized during a visit by Minister of Municipalities and Housing Majid Al-Hogail, are expected to stimulate the local economy while generating both direct and indirect employment opportunities, the Saudi Press Agency reported.聽
The agreements, finalized during a visit by Minister of Municipalities and Housing Majid Al-Hogail, are expected to stimulate the local economy while generating both direct and indirect employment opportunities, the Saudi Press Agency reported.聽
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Updated 19 November 2024

海角直播鈥檚 Tabuk targets development with over $67m investment deals聽

海角直播鈥檚 Tabuk targets development with over $67m investment deals聽

JEDDAH: Investment contracts worth SR252 million ($67.2 million) have been signed to boost 海角直播鈥檚 Tabuk region, focusing on healthcare, logistics, housing, entertainment, and education to spur economic growth.聽

The agreements, finalized during a visit by Minister of Municipalities and Housing Majid Al-Hogail, are expected to stimulate the local economy while generating both direct and indirect employment opportunities, the Saudi Press Agency reported.聽

During his tour to the region, Al-Hogail held discussions with regional investors and business leaders, focusing on expanding opportunities in municipal and housing development.聽聽

The minister underscored the government鈥檚 commitment to fostering investments that align with the aspirations of Tabuk鈥檚 residents and contribute to Vision 2030鈥檚 broader economic goals.聽

The inspection visit included reviews of key infrastructure projects, including road upgrades, traffic system enhancements, and housing developments.聽聽聽

Al-Hogail emphasized the importance of ensuring high-quality services for residents and visitors, stressing that these initiatives are integral to achieving the ministry鈥檚 strategic objectives.聽聽

He also witnessed the delivery of 533 new housing units to beneficiaries of the Development Housing Program, a key initiative supporting low-income families in 海角直播.聽聽聽

This latest distribution brings the total number of housing units delivered under the program to 2,479, highlighting the government鈥檚 commitment to addressing housing needs.

At the start of his tour, Al-Hogail met with municipal leaders and heads of municipalities to discuss progress on ongoing projects, emphasizing the need for continuous improvements in service delivery.聽

He also visited the Prince Fahd bin Sultan Promenade, where redesigned storefronts inspired by Tabuk鈥檚 heritage have transformed the area into a vibrant destination for locals and tourists.聽聽

Al-Hogail inaugurated a branch of the Real Estate Developer Services Center, Etmam, which streamlines government services for beneficiaries in one location. He engaged with citizens to gather feedback and suggestions for further enhancing municipal services in the region.聽聽

The visit coincided with the announcement by the Ministry of Municipalities and Housing鈥檚 investment arm, the National Housing Co., of 11 new residential projects in Khuzam, north of Riyadh. These developments, featuring over 10,000 modern-designed units, are aimed at achieving the Kingdom鈥檚 homeownership goals.聽

This visit is part of a series of inspections the minister is conducting across 海角直播 to oversee municipal and housing sector initiatives, review ongoing projects, and ensure their progress aligns with Vision 2030鈥檚 transformative goals.聽


海角直播, WEF launch initiative to reshape global travel landscape

海角直播, WEF launch initiative to reshape global travel landscape
Updated 11 November 2025

海角直播, WEF launch initiative to reshape global travel landscape

海角直播, WEF launch initiative to reshape global travel landscape
  • 鈥楤eyond Tourism鈥 is global framework advancing sustainability, inclusivity, and resilience in the sector

RIYADH: 海角直播 has partnered with the World Economic Forum to launch the 鈥淏eyond Tourism鈥 initiative, a global framework designed to drive a more sustainable, inclusive, and resilient future for the travel and tourism sector.

Announcing the initiative on his X account, Saudi Minister of Tourism Ahmed Al-Khateeb said he was 鈥渢hrilled to announce the launch,鈥 noting that it is 鈥渄edicated to shaping the future of travel and tourism and is built around 10 core principles.鈥

Al-Khateeb emphasized that Beyond Tourism underscores the sector鈥檚 vital role as 鈥渁 bridge between cultures, a means to empower communities, and a source of opportunities for future generations.鈥

The initiative comes as the global travel and tourism industry undergoes a major structural shift 鈥 moving away from fragmented, business-as-usual models toward integrated, ecosystem-based strategies.

According to the World Economic Forum, the sector is projected to reach 30 billion tourist visits and contribute $16 trillion to global gross domestic product by 2034. Yet, it continues to face complex challenges including rising tension between visitors and residents, environmental pressures, workforce shortages, and exposure to geopolitical and climate disruptions.

鈥淭he global travel and tourism sector is entering a period of profound transformation, moving decisively from a fragmented, business-as-usual operating model to a holistic, ecosystem-based paradigm,鈥 the WEF said in a statement.

The forum noted that past reliance on siloed policies 鈥 a weakness underscored during the COVID-19 pandemic 鈥 has proven insufficient to address today鈥檚 global challenges.

Its proposed ecosystem approach focuses on five key enablers: infrastructure, finance, technology and innovation, people and skills, and policy and governance. The model aims to convert systemic challenges into opportunities for inclusive and sustainable growth.

Several destinations have already demonstrated the benefits of this approach. Countries such as Portugal, New Zealand, Costa Rica, Singapore, and Indonesia have leveraged it to improve conservation outcomes, diversify economies, and strengthen sustainable tourism development.

By promoting global cooperation among governments, private-sector leaders, and local communities, the Beyond Tourism initiative seeks to unlock the full potential of the industry while safeguarding cultural and natural heritage for generations to come.