MANAMA: Bahrain’s tourism authorities expect a rise in visitors from Saudi Arabia amid the social reforms underway in KSA, an official told Arab News.
Khaled bin Humood Al-Khalifa, CEO of Bahrain Tourism and Exhibitions Authority (BTEA), said the social changes happening in Saudi Arabia are set to positively impact tourism to Bahrain. The raft of reforms underway in KSA includes allowing women to drive from June.
“Openness will facilitate traveling and commuting for women and families and will bring both cultures closer. It will be like moving from one city to another for women,” Al-Khalifa said.
“Saudi Arabia and Bahrain are one country … Saudi Arabia and the Gulf Cooperation Council (GCC) are our target (tourism base). We are trying to facilitate entry via the King Fahd Causeway.”
Al-Khalifa said the country is working toward boosting tourism’s contribution to the national gross domestic product (GDP).
“Our main goal is to enhance the contribution of the tourism sector (to) national GDP. In 2015, tourism contributed to 3.5 percent of GDP. (As of the end of 2017), it’s 7.1 percent,” Al-Khalifa said.
“We doubled it and outgrew our initial goal, which was to reach 7 percent by the end of 2018, thanks to the solid infrastructure (in Bahrain) and the investors’ trust in the country.”
Al-Khalifa was speaking on the sidelines of the “Shop Bahrain” festival, which runs until Feb. 10 and includes promotions, entertainment events and raffle draws.
The month-long festival aims to attract more families, particularly those from Saudi Arabia.
The Kingdom accounted for 7.5 million of Bahrain’s 8.7 million tourists during the first nine months of 2017. The average day spending of a Saudi visitor to Bahrain stands at 83 dinars ($220), mainly on shopping and entertainment. Bahrain is looking to increase the amount of spending and the number of people who stay the night rather than taking a day trip.
According to Al-Khalifa, 83 percent of visitors to Bahrain enter via the causeway from Saudi Arabia, with the airport handling just 17-18 percent of arrivals.
A second causeway linking Bahrain with Saudi Arabia is planned, while Bahrain has invested $1 billion in expanding its international airport to three times the capacity of the current one. “We are expecting to inaugurate the new airport in the year 2020,” Al-Khalifa said.
The BTEA has also set up six offices in countries where there are direct flights to Bahrain on national carrier Gulf Air, in addition to China where Bahrain is planning to start direct flights.
Al-Khalifa said Bahrain has also reduced the price of tourist visas to 5 dinars from 25 dinars, and says it is the first GCC country to give Russians and Chinese visitors visas upon arrival.
Bahrain expects tourism boost from Saudi social reforms
Bahrain expects tourism boost from Saudi social reforms
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Diriyah Co. partners with Midad to develop Four Seasons hotel in Diriyah
RIYADH: Saudi Arabia’s sovereign wealth fund-backed developer, Diriyah Co., has signed a joint development agreement with Midad Real Estate Investment and Development Co. to construct the Four Seasons Diriyah Hotel and private residences.
The partnership will strengthen collaboration between the two companies through the development of the luxury Four Seasons Diriyah, which will feature 159 rooms, alongside private Four Seasons residences, spanning approximately 235,000 sq. meters within Diriyah’s master plan.
The project’s total value is projected at SR3.1 billion (approximately $827 million), encompassing both land acquisition and construction expenses.
Midad is one of the Kingdom’s leading real estate developers, expanding its portfolio of high-end projects and maintaining numerous strategic partnerships with prominent global brands, reinforcing its reputation as a trusted name in luxury residential and hospitality development across Saudi Arabia.
This partnership marks the first major collaboration between Diriyah Co. and Midad, supporting Diriyah’s plans to develop 40 luxury hotels across its two main projects: the 14-sq.-km Diriyah Project and the 62-sq.-km Wadi Safar Project, a premium destination that blends lifestyle, culture, and entertainment.
Commenting on the agreement, Minister of Tourism and Secretary-General of Diriyah Co., Ahmad Al-Khatib, said: “The Kingdom continues to set new standards in developing tourism destinations, with Diriyah at the forefront.”
He added that such partnerships enhance the world-class experiences Saudi Arabia offers and strengthen the Kingdom’s position as a leading destination in this sector.
Diriyah Co. CEO Jerry Inzerillo commented that the Four Seasons Diriyah Hotel and Residences will be one of the Kingdom’s largest luxury hotels.
“We are proud to announce this joint development with Midad, one of Saudi Arabia’s top real estate developers. This agreement reflects our ongoing commitment to enabling Saudi partners to contribute to Diriyah’s transformative journey and confirms Midad’s confidence in the opportunities the project presents,” Inzerillo added.
Midad CEO Abdelilah bin Mohammed Al-Aiban said: “This project is a pivotal milestone for our company, allowing us to bring the Four Seasons experience to one of the Kingdom’s most prominent heritage destinations.”
He added: “We are excited to deliver a project that embodies design excellence, world-class service, and sustainable value, while contributing meaningfully to Saudi Arabia’s tourism, cultural, and economic ambitions.”
The collaboration comes amid rapid progress on the SR236 billion Diriyah project, which has awarded construction contracts worth more than SR101.25 billion to date.
Diriyah is expected to contribute approximately SR70 billion directly to the Kingdom’s gross domestic product, create more than 180,000 jobs, accommodate 100,000 residents, and host around 50 million annual visitors.
The development will feature contemporary office spaces accommodating tens of thousands of professionals across technology, media, arts, and education, complemented by museums, retail destinations, a university, an opera house, and the Diriyah Arena.
It will also offer a diverse selection of restaurants and cafes, alongside nearly 40 world-class resorts and hotels distributed across its two primary master plans.
