Masks and bleach: Tourism in post-lockdown Europe

The Colosseum in Rome is introducing a range of measures to minimize a new COVID-19 outbreak. (AFP)
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Updated 26 June 2020
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Masks and bleach: Tourism in post-lockdown Europe

  • Popular destinations desperate to lure back tourists are working out how they can do so safely

Anyone visiting the Eiffel Tower in Paris when it reopens on Thursday will have to take the stairs — all 674 of them — because France’s famous monument is keeping the lifts shut.

After months of lockdown many Europeans are dreaming of a summer holiday, but vacations will look a bit different this year — breakfast buffets, guided tours and club nights may well be out; masks and temperature checks are definitely in.

Tourist attractions from Rome’s Colosseum to Amsterdam’s Hermitage museum have introduced a slew of measures to minimize the risk of a new outbreak of coronavirus which has killed about 170,000 people in western Europe.

In Italy, the Leaning Tower of Pisa and Florence’s cathedral are using technology to enforce social distancing, providing visitors with electronic devices which vibrate if they get too close to one another.

In Barcelona, the authorities are launching an app to help tourists in Spain’s second city plan their itineraries and avoid congestion.

Countries such as Italy and Spain, where tourism accounts for about an eighth of GDP, are desperate to lure back visitors as they scramble to salvage the summer season.

However, there are fears that a return to mass tourism could see a second spike in the pandemic.

“This is the most difficult situation the Spanish tourism sector has faced that anyone can remember,” said Jose Luis Zoreda, vice president of tourism lobby group Exceltur.

Tourists in Spain, which reopened its borders to most European visitors this week, will see changes from the moment they check in.

Some hotels are introducing air purifiers, thermal cameras to check guests’ temperatures, arches which spray them with disinfectant and mats with a bleach solution to clean their shoes and suitcase wheels.

In the morning, guests will not be able to jostle for their favorites at the breakfast buffet, but will be served by staff behind screens. Madrid has recommended getting rid of buffets altogether.

Hotels will ask guests to use mobile apps for everything from ordering a cocktail to settling bills in order to reduce physical contact.

Many sights require visitors to book online for specific timeslots, undergo temperature checks, don masks and stick to a one-way route. 

With cultural attractions forced to slash daily visitor numbers, the Museums Association of the Netherlands estimates the country’s museums will lose €5-7 million ($5.6 — $7.9 million) a week.

The United Nations’ cultural body UNESCO says more than 10 percent of the world’s museums may never reopen, while others will have to put new projects on hold.

Coronavirus closures will have a lasting impact on major institutions such as the Prado in Madrid which derive most of their income from tourists, it says.

Europe’s theaters have similar concerns, with Shakespeare’s Globe in London, a replica of an Elizabethan theater, warning it may fold without financial help.

In Spain, there are fears for the future of flamenco venues which rely on tourism. A famous flamenco bar in Madrid closed down this month blaming the pandemic.

For clubbers, the summer looks set to be a washout.

Spain’s Balearic Islands — renowned for their hedonistic nightlife — have banned dancing at clubs and beach bars.

Some of the islands’ superclubs, which can hold thousands of revellers, are staying shut after being told they can only host up to 100 people outdoors. Small clubs must cover the dance floor with tables and chairs.

Italy’s clubs can reopen from July 15, but rules vary between regions. Clubbers in some tourist hotspots including Rimini and Riccione will have to dance two meters apart – and only at open-air venues.

Drinking at the bar is out, masks are compulsory indoors and bouncers may step in to enforce social distancing.

Vibrant club scenes and big music venues in London, Berlin and Amsterdam remain dormant.

In Berlin, bars and restaurants have to retain customers’ contact details in case of a COVID-19 outbreak. England’s pubs and restaurants must do the same when they reopen from July 4.

Although Italy has been open to tourists since June 3, its cities remain quiet.

Rome’s Trevi Fountain, normally jammed with sightseers, is almost empty, and the street entertainers have yet to return to Piazza Navona, one of the city’s most magnificent squares.

Italy is bracing for a 44 percent fall in visitors in 2020 compared to last year with numbers unlikely to rebound to pre-COVID levels until 2023, according to national tourism agency ENIT.

“We don’t expect too many tourists to come ... people are scared,” said Isabella Ruggiero, president of Rome tour guide association AGTAR.

The pandemic came at the worst timing for Rome’s 3,000 registered guides, who work long hours for eight months a year to tide them over the quiet winter period. Most were fully booked to September.

“In a couple of weeks all those tours were canceled. For the whole year,” Ruggiero said. “The coronavirus changed our lives.”

In recent years tourism has been dominated by large groups, particularly from China and the United States. Airport arrivals from both countries are down more than 80 percent, according to ENIT.

Ruggiero says tour groups will have to be smaller and itineraries carefully managed in cities such as Venice, Rome and Florence, whose cultural sites and narrow streets are not conducive to social distancing.

But there could be a silver lining, she says, with smaller, more focussed tours potentially leading to a more responsible form of tourism in Italy’s historic cities.

“This could be really good for the future of tourism,” Ruggiero added. “It’s about taking care of the tourists, taking care of the local community and local economy, and not just running for a few hours to every place.”

During the lockdown, guide and archaeologist Ferdinando Badagliacca took his tours online, offering interactive sessions on everything from Italian wines to Rome’s fountains and Pompeii’s splendours.

He did his first proper tour on Sunday but has few bookings. “It’s going very slow” he said. “I used to tell my clients ‘tourism will never die in Rome’. Reality has shown me that’s not true.”


Oil Updates – prices climb after Israel strikes Gaza, truce talks continue

Updated 5 sec ago
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Oil Updates – prices climb after Israel strikes Gaza, truce talks continue

SINGAPORE: Oil prices edged higher on Tuesday after Israel struck Rafah in Gaza, while negotiations for a ceasefire with Hamas continued without resolution, according to Reuters.

Brent crude futures were up 9 cents, or 0.11 percent, at $83.42 per barrel at 9:35 a.m. Saudi time, while US West Texas Intermediate crude futures rose 7 cents, or 0.09 percent, to $78.55 a barrel.

“Oil prices opened up this morning, with some roadblocks in the ceasefire talks between Israel and Hamas leading market participants to price for geopolitical tensions to potentially drag for longer,” said Yeap Jun Rong, market strategist at IG.

Market participants will be looking ahead to upcoming US crude inventories data releases, Yeap added.

US crude oil and product stockpiles were expected to have fallen last week, a preliminary Reuters poll showed on Monday. The crude inventories could have on average fallen by about 1.2 million barrels in the week to May 3, based on analyst forecasts.

During the session, a stronger dollar capped gains in oil futures as it makes crude more expensive for traders holding other currencies. The dollar index, which measures the greenback against six major peers, was last up at 105.25.

Oil prices had settled higher on Monday, partially reversing last week’s declines. Both contracts had posted the steepest weekly losses in three months as the market focused on weak US jobs data and the possible timing of a Federal Reserve interest rate cut.

Palestinian militant group Hamas on Monday agreed to a Gaza ceasefire proposal from mediators, but Israel said the terms did not meet its demands and pressed ahead with strikes in Rafah while planning to continue negotiations on a deal.

Israeli forces struck Rafah on Gaza’s southern edge from the air and ground and ordered residents to leave parts of the city, which has been a refuge for more than 1 million displaced Palestinians.

The absence of a settlement between the parties in the now seven-month long conflict has supported oil prices, as investors worry regional escalation of the war will disrupt Middle Eastern crude supplies.

Saudi Arabia’s move to raise the official selling prices for its crude sold to Asia, Northwest Europe and the Mediterranean in June also supported prices, signalling expectations of strong demand this summer.

The world’s top exporter hiked its flagship Arab Light crude oil price to Asia to $2.90 a barrel above the Oman/Dubai average in June, the highest since January and at the upper end of traders’ expectations in a Reuters survey.


Saudi Aramco’s net profit hits $27.27bn in Q1 2024 

Updated 07 May 2024
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Saudi Aramco’s net profit hits $27.27bn in Q1 2024 

RIYADH: Energy giant Saudi Aramco reported a net profit of $27.27 billion in the first three months of this year, marking a 2.04 percent increase compared to the previous quarter. 

According to the company’s statement, the state-owned oil firm’s total revenue for the first quarter stood at $107.21 billion, with the total operating income for the period reaching $58.88 billion. 

Amin H Nasser, president and CEO of Saudi Aramco, said: “Our first quarter performance reflects the resilience and strength of Aramco, reinforcing our position as a leading supplier of energy to economies, to industries and to people worldwide.”  

However, when compared with the first quarter of the previous year, the net profit of the Tadawul-listed firm declined by 14.44 percent by the end of March 2024. 

Despite lower net income, Aramco declared a base dividend of $20.3 billion for the first quarter and anticipates distributing its fourth performance-linked dividend of $10.8 billion in the second quarter.

 


PIF’s Alat unveils electrification, AI infrastructure business units 

Updated 06 May 2024
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PIF’s Alat unveils electrification, AI infrastructure business units 

RIYADH: Alat, a flagship company of the Public Investment Fund, unveiled two business units in electrification and AI infrastructure, to establish Saudi Arabia as a premier manufacturing hub globally.

The company unveiled its plans during the Milken Institute Conference held in Los Angeles.

According to a press release, the move comes as part of the PIF company’s strategic vision to spearhead a paradigm shift in industry sustainability while propelling Saudi Arabia on the global stage. 

Alat Global CEO Amit Midha said: “I am pleased to announce these two exciting new divisions as they will make a significant contribution to Alat’s overall strategic goal of developing an advanced, sustainable future for the industry.”

The electrification arm will fortify grid technology, catering to the burgeoning demand for electricity driven by exponential growth in renewable energy sources like solar, wind, and hydrogen. 

By harnessing Saudi Arabia’s solar energy and other clean resources, the firm seeks to manufacture innovative solutions that will catalyze the global energy transition and drive decarbonization in industry.

The electrification unit will specifically focus on enhancing transmission and distribution technologies, facilitating the integration of renewable energy into existing grids, and pioneering advancements in gas and hydrogen generation and compression technologies.

On the other front, the AI Infrastructure business unit will address the escalating global demand for AI capabilities across industries. 

This entails the development of cutting-edge technologies encompassing network and communications equipment, servers, data center networking, storage, industrial edge servers, and Industry 4.0 computing. 

“The global electrification market size reached $73.64 billion in 2022 and it is expected to hit around $172.9 billion by 2032, growing at a CAGR of 8.91 percent between 2023 and 2032,” the press release added.

The global AI Infrastructure market is set to hit $460.5 billion by 2033, with a robust 28.3 percent compound annual growth rate, driven by widespread adoption across industries for innovation, decision-making enhancement, and task automation.

As a gold sponsor at the Milken Institute Conference, the firm now has nine business units focused on sustainable technology manufacturing.

“Alat will invest $100 billion by 2030 across these business units to develop key partnerships and build advanced manufacturing capabilities in Saudi Arabia to bring jobs and economic diversification to the Kingdom,” the press release said.


Saudi Arabia’s Qiddiya to build region’s largest water theme park

Updated 06 May 2024
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Saudi Arabia’s Qiddiya to build region’s largest water theme park

  • Aquarabia will also feature the first underwater adventure trip with diving vehicles

RIYADH: Saudi Arabia Qiddiya Investment Co. will construct the region’s largest water theme park as a cornerstone of its Six Flags Qiddiya City venture it was announced on Monday.
To be named Aquarabia, Qiddiya hopes to draw visitors from around the globe with 22 attractions and water experiences suitable for all family members, as well as some “world-first” attractions, Saudi Press Agency reported.
These attractions include the world’s first double water loop, the tallest water coaster with the highest jump, the longest and highest water racing track, and the tallest water slide.

Aquarabia will also feature the first underwater adventure trip with diving vehicles, catering to adventure enthusiasts with water sports areas designated for rafting, kayaking, canoeing, free solo climbing, and cliff jumping.
Additionally, the park will introduce the first surfing pool in the Kingdom, incorporating immersive design elements themed around ancient desert water springs and Qiddiya’s wildlife.
With sustainability in mind, Aquarabia will implement advanced systems capable of reducing water waste by up to 90 percent and decreasing energy consumption. As part of the Six Flags Qiddiya project, the venture, the first Six Flags of its kind outside North America, aims to recycle operational waste, diverting over 80 percent from landfill.

Scheduled to open in 2025, both Aquarabia and Six Flags Qiddiya City are situated within Qiddiya City, forming a fully walkable neighborhood offering a diverse array of activities, accommodations, dining options, and relaxation spots.
Abdullah Al-Dawood, managing director of Qiddiya Investment Co., hailed the announcement as a significant milestone for Qiddiya and the entertainment, tourism, and sports sectors in the Kingdom.
He emphasized that the projects will cater to diverse entertainment needs while contributing to economic diversification and job creation in the tourism sector.
The project also aims to meet the growing local demand for immersive entertainment experiences, particularly in water activities, aligning with the goals of Saudi Arabia’s Vision 2030 to enhance local tourism and employment opportunities.
The unveiling of Aquarabia follows the announcement of several other entertainment, sports, and cultural attractions in Qiddiya, including the world’s first multi-use gaming and electronic sports area, the multi-sport Prince Mohammed bin Salman Stadium and the Dragon Ball amusement park.
 


Saudi Arabia ascends as key destination for global talent: BCG report

Updated 06 May 2024
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Saudi Arabia ascends as key destination for global talent: BCG report

RIYADH: Saudi Arabia has emerged as a key player in attracting global talent amid ongoing geopolitical shifts and financial uncertainty, moving up two spots on the list of preferred countries for workforce mobility. 

The “Decoding Global Talent 2024” report by Boston Consulting Group highlights Saudi Arabia’s rise to the 26th most preferred country, underscoring the success of the Kingdom’s strategic initiatives to position itself as a global hub for professionals.  

This fourth edition of the study draws insights from over 150,000 professionals across 188 nations, tracking global talent trends since 2014. 

Riyadh’s rise to the 54th rank globally underscores its emergence as a hub of opportunity and progress in the eyes of global talent.  

Christopher Daniel, managing director and senior partner at BCG, said: “As the global talent shortage becomes an increasingly pressing challenge for the world's foremost economies, Saudi Arabia is emerging as a pivotal player in narrowing this gap.”  

He added: “With a significant proportion of respondents citing the quality of job opportunities, the attractive income, tax, and cost of living, as well as the assurance of safety, stability, and security as key reasons for choosing the Kingdom, it’s evident that Saudi Arabia’s strategic investments in its labor market are bearing fruit.” 

Daniel noted that the Kingdom is leveraging labor migration to enhance its workforce, offering a secure and hospitable environment that caters to the diverse needs of international professionals. 

“By fostering a job market that is attuned to the evolving aspirations of global talent while prioritizing their well-being, Saudi Arabia is positioning itself as a compelling destination for those seeking growth and fulfillment in their careers,” he said.

Furthermore, the report highlights that younger generations and individuals from rapidly expanding populations are particularly attracted to global mobility, pursuing diverse experiences and opportunities for professional growth. 

With 23 percent of global professionals actively pursuing international positions and 63 percent remaining receptive, Saudi Arabia is well-positioned to capitalize on this trend.  

The Kingdom offers an enriching environment for a globally oriented workforce to excel and progress in their careers, presenting an enticing option for individuals seeking both personal and professional advancement in an ever more interconnected global landscape.