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FINANCIAL NEWS
Saudi gets USD3.19b in revenue from Umrah
21 Jul 2015
(MENAFN) The economy of Saudi Arabia is set to obtain USD3.19 billion in revenue from this year’s Umrah season, driven by an increased number of pilgrims, The Saudi Gazette reported.
The increase in numbers is attributed to the multiple means that the Kingdom has employed to facilitate Umrah for all people. The increase in the economic status of Muslims and the easy going direct flights towards Mecca also played a huge role in the increase.
“According to the Ministry of Foreign Affairs, the highest number of pilgrims reached 5.8 million. With the low rate of overstayers this year, more and more pilgrims were able to come and the Grand Mosque,” an official said.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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