Investments in Saudi tourism to accelerate in 2024, says top expert

  • Date: 12-Feb-2024
  • Source: Arab News
  • Sector:Tourism
  • Country:Saudi Arabia
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Investments in Saudi tourism to accelerate in 2024, says top expert

RIYADH: Investments in Saudi Arabia’s tourism and entertainment sectors will continue to accelerate in 2024 as the Kingdom steadily diversifies its economy, according to an expert. 

In a recent commentary, Samy Chaar, chief economist at Swiss banking group Lombard Odier, said shifting away from hydrocarbon production would be essential to Saudi Arabia’s and the Middle East region’s future economic prospects.  Investments in Saudi tourism to accelerate in 2024, says top expert