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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
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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
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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