Switzerland in demand with Gulf travelers

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Updated 16 November 2021
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Switzerland in demand with Gulf travelers

  • Switzerland Tourism and its partners are visiting Saudi Arabia with a roadshow celebrating the beauty and variety of the European country

JEDDAH: Switzerland is in demand with Gulf travelers, as visitor numbers from the region almost reached 2019 pre-pandemic levels.

Swiss borders reopened in late June for fully jabbed Gulf Cooperation Council tourists and those with a negative COVID-19 test result, and visitors from the region generated 27,139 overnight hotel stays during the July-September period.

The country wants to increase its visitor share from GCC countries, especially Saudi Arabia, through tourism strategies and a new campaign called “Swisstainable.”

“We want to showcase how sustainable travel in Switzerland is,” GCC director for Switzerland Tourism, Matthias Albrecht, told a press conference in Jeddah on Monday. “We are extremely happy and feel quite emotional that we were able to go back to what we do best, to host guests in our magnificent country. We believe with our beautiful nature and uncrowded boutique towns, as well as wide-open landscapes, Switzerland is the natural choice for a post-COVID holiday. Now that borders are open, we are happy to welcome all our guests again.

“And, as Saudi Arabia is an extremely important market for us, we are even more happy to be back in Saudi Arabia and to meet the media and the travel trade again. Guests from Saudi Arabia were extremely loyal and returned right after the crisis – the more people can travel, the more will return to Switzerland.”

Albrecht said the two biggest source markets from the GCC were Saudi Arabia and the UAE.

Switzerland Tourism and its partners are visiting Saudi Arabia with a roadshow celebrating the beauty and variety of the European country.

The roadshow is organized and hosted by Switzerland Tourism GCC, with delegates meeting travel representatives and tourism agencies from Saudi Arabia.

 


Closing Bell: Saudi main index closes in red at 11,183

Updated 16 February 2026
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Closing Bell: Saudi main index closes in red at 11,183

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Monday, losing 44.79 points, or 0.4 percent, to close at 11,183.85.

The total trading turnover of the benchmark index was SR4.05 billion ($1.08 billion), as 69 of the listed stocks advanced, while 191 retreated.

The MSCI Tadawul Index decreased, down 6.63 points or 0.44 percent, to close at 1,504.73.

The Kingdom’s parallel market Nomu lost 328.20 points, or 1.36 percent, to close at 23,764.92. This comes as 22 of the listed stocks advanced, while 49 retreated.

The best-performing stock was Maharah Human Resources Co., with its share price surging by 7.26 percent to SR6.50.

Other top performers included Arabian Cement Co., which saw its share price rise by 6.27 percent to SR22.71, and Saudi Research and Media Group, which saw a 4.3 percent increase to SR104.30.

On the downside, the worst performer of the day was Arabian Internet and Communications Services Co., whose share price fell by 8.01 percent to SR207.80.

Jahez International Co. for Information System Technology and Al-Rajhi Co. for Cooperative Insurance also saw declines, with their shares dropping by 5.61 percent and 4.46 percent to SR12.79 and SR75, respectively.

On the announcement front, Etihad Etisalat Co. announced its financial results for 2025 with a 7.9 percent year-on-year growth in its revenues, to reach SR19.6 billion.

In a Tadawul statement, Mobily said that this growth is attributed to “the expansion of all revenue streams, with a healthy growth in the overall subscriber base.”

Mobily delivered an 11.6 percent increase in net profit, reaching SR3.4 billion in 2025 compared to SR3.1 billion in 2024.

The company’s share price reached SR67.85, marking a 0.37 percent increase on the main market.