-
Crisis-wracked Volkswagen warns of 10-bn-euro hit to profits
-
Warren Buffett steps down as Berkshire Hathaway chairman
-
Shakira to cap off world tour with Madrid 12-gig run
-
Isolated Syrian-Druze city blames Damascus for shortages
-
Isolated Syrian-Druze city shortages
-
Kerry James Marshall: American 'blackness' painter celebrated in Europe
-
UNESCO can be 'moderator' in AI debate: chief to AFP
-
Infantino 'must go', says German FA vice-president
-
Russia seizes assets of Nestle, French firms
-
Japan's busiest rail station tests robot bins
-
Anthropic says AI systems moving towards building themselves
-
Backpackers fret over Australian visa crackdown
-
Asian stocks boosted by falling oil, yen weakens after BoJ rate hike
-
Bank of Japan hikes rates to 31-year high to battle inflation
-
Afghan medical students in Pakistan hope court stops college expulsions
-
AI doomsday warnings unlikely to slow IPOs but questions linger
-
Australia to detain tourists who overstay visa, minister says
-
In Brazil's Amazon, the hunt for oil fuels hopes and fears
-
Asian stocks track Wall St rally as oil prices drop
-
Baby orangutans in India expose 'frightening' scale of trafficking
-
Prized Mexican relic returns on loan, two centuries on
-
Oversight Board blasts 'inadequate' Meta safeguards for AI deepfakes
-
'In our lane': Fed's Warsh defies Trump but still fighting for credibility
-
Harry makes first public appearance since return to UK
-
Trump admin makes major cut to endangered species protections
-
Princess Diana's brother makes new explosive claims against Charles
-
GM delivers first components for US interceptor missiles
-
Trump admin overhauls key protection for endangered species
-
Travis Scott and Keith Richards feature on GTA VI soundtrack
-
Mbappe draws political fire over Ceuta t-shirt controversy
-
King Charles warns tech bosses of 'existential dangers' of AI
-
Third malaria death in Germany from outbreak tied to Frankfurt airport
-
French fishermen block ports over petrol prices
-
AtlasClear Holdings Reports Preliminary Fiscal 2026 Revenue of Approximately $20.1 Million, Up 85%; Revenue Plus Interest Income of Approximately $21.9 Million
-
Micron's Taiwan workers say 68 months' bonus not enough
-
'Another arrow to the quiver': World Bank posts record private capital mobilization
-
Canada's Carney pushes 'new alliance' with EU despite Trump threats
-
Ireland to boycott Eurovision 2027 over Gaza
-
Beyond Investment Returns: Families Are Measuring Wealth by Freedom, Continuity, and Legacy, According to Nour Private Wealth
-
India's Tata Sons reappoints N. Chandrasekaran as chairman
-
King Charles disputes claims in book by Princess Diana's brother
-
Germany urges EU action against China to defend carmakers
-
Nepal floods among 'most challenging' disasters: WFP
-
Japan eyes changing prostitution law to punish sex buyers
-
Kids and social media: what would change under new EU law
-
Modi pitches India as global chipmaking hub
-
King Charles to call on tech giants for 'reassurances' over AI
-
Ukraine plans record defence spending in 2027
-
STARPRIME Responds to Diverging Gold Market Demand with AM/PM Fixing and XAU24/7
-
NASA scan discovers new, 'once in a century' Moon crater
Saudi more than doubles 2030 foreign tourism target: minister
Saudi Arabia drew 27 million foreign tourists in 2023 and has more than doubled its goal for the end of the decade, an official said on Tuesday.
The announcement came less than five years after the Gulf kingdom fully opened up to tourism and as fears persist that the ongoing Israel-Hamas war could engulf the wider region.
"We have reached 100 million tourists this year, 77 million from home, 27 million from abroad, over 100 million," Tourism Minister Ahmed Al Khateeb said at a conference organised by Saudi Arabia's sovereign wealth fund, describing the 2023 figures.
Authorities now hope to hit 150 million tourists by 2030, up from an earlier goal of 100 million, with 70 million of those coming from abroad, up from an earlier goal of 30 million, he said.
Tourism is an important element of Crown Prince Mohammed bin Salman's Vision 2030 reform agenda, which aims to help the world's biggest crude exporter transition away from fossil fuels and prepare for an eventual post-oil future.
Home to Islam's holiest sites in Mecca and Medina, Saudi Arabia has long welcomed pilgrims as well as business travellers, but it inaugurated a general tourism visa only in 2019, just months before the coronavirus pandemic decimated the industry globally.
While the kingdom has in recent years relaxed rules barring cinemas, gender-mixed concerts and sporting extravaganzas, other regulations including an alcohol ban remain in place, potentially denting its appeal.
New resorts along the Red Sea coast are expected to be a major draw, though recent attacks on Red Sea shipping by Huthi rebels in neighbouring Yemen have revived security concerns in the area.
The Huthis, who have been at war with a Saudi-led military coalition since 2015, say their attacks are an act of solidarity with Palestinians and a protest against the Israel-Hamas war that has been raging in the Gaza Strip since October.
X.Cheung--CPN