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FINANCIAL NEWS
Saudi tourism spend to hit USD9b by 2020
27 Feb 2014
(MENAFN) Saudi Arabia is expected to register steady growth in the tourism sector with USD9 billion to be invested by 2020, Arabian Business reported.
World Trade and Tourism Council data revealed that travel and tourism investments in the kingdom have expanded by a CAGR of 5.8 percent since 2001.
Investments are estimated to have reached USD5.47 billion by the end 2012. It is also expected to hit an annual rate of 6.7 percent to reach USD9 billion.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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