Saudi Arabia Tops G20 Countries in Tourism Recovery

Saudi Arabia Tops G20 Countries in Tourism Recovery

Saudi Arabia has topped the G20 countries, which include the G20 economy, emerging market economies, and developing economies, at the level of economic recovery.

Saudi ministers affirmed on Tuesday that work is underway to create a safe environment for long-term investments, as part of the sustainable development strategy.

They pointed to the continued efforts to create new sectors, while focusing on positive change and empowerment and global influence.

Tourism Minister Ahmed al-Khateeb said the Kingdom topped the G20 countries in the field of tourism recovery.

He stressed that Saudi Arabia is the one of largest countries in the world in terms of investment incentives, noting that it achieved a record number of visitors and spending on tourism projects by hosting about 65 million tourists in 2022.

He expected the tourism rate to increase to 300% by 2030, given the government’s clear vision to develop the sector.

He also revealed plans to transfer the capital Riyadh into the first tourist destination globally.

Khateeb further disclosed the opening of the first phase of the Diriyah project soon, adding that part of the “Red Sea” and “NEOM” projects will also be inaugurated in 2023.

Speaking at the Future Investment Initiative Conference in Riyadh on Tuesday, Khateeb underlined the criteria that predict