Saudi Arabia to showcase tourism strengths at World Travel Market 

The Saudi Tourism Authority will lead the delegation to the influential global travel and tourism event, which runs from Nov. 6 to 8.  Supplied
Short Url
Updated 05 November 2023
Follow

Saudi Arabia to showcase tourism strengths at World Travel Market 

RIYADH: Saudi Arabia is poised to make a significant impact at the forthcoming World Travel Market in London, with a high-powered delegation of over 75 key stakeholders set to highlight the Kingdom’s growing tourism sector. 

The Saudi Tourism Authority will lead the delegation to the influential global travel and tourism event, which runs from Nov. 6 to 8. 

The panel will include industry leaders representing destination management organizations and hotels. It will also encompass tour operators, airlines, and cruise companies. 

Some of the prominent participants include Riyadh Air, Almosafer, and the Tourism Development Fund. Additionally, Red Sea Global, Diriyah Co., Royal Commission for AlUla, and NEOM will also represent the country. 

WTM London is known for connecting the global leisure travel community, with around 4,000 exhibitors expected to gather at ExCeL London during this year’s show.  

This participation underscores Saudi Arabia’s commitment to showcasing its diverse tourism offerings, with the STA exhibition stand highlighting the sights and sounds of the world’s fastest-growing tourism destination with various activities and immersive experiences. Establishing partnership agreements to enhance opportunities, as well as networking with leading global travel and tourism organizations, will be a focus during the event.

Fahd Hamidaddin, CEO and Board Member of the Saudi Tourism Authority, said: “Saudi’s expanded and record-breaking participation this year mirrors our expanded targets and accelerated growth, 150 million visits by 2030. I look forward to being in London once again to continue strengthening existing partnerships and cultivating new ones to reach this goal.”

He added: “We believe the best way to share Saudi with the world is by inviting the world to come see it for themselves and there is no better time than now. Trade shows are a very close second where we make new connections and agree new business opportunities across the tourism value chain, making it more competitive than ever for our trade partners to introduce visitors to the wonders of Arabia.”

The WTM serves as a significant platform for engaging in discussions on tourism development and will include the participation of various decision-makers and experts in the travel industry. 

Participating has been a key part of Saudi Arabia’s tourism strategy since opening its doors to international visitors in 2019. The Kingdom has been instrumental in securing agreements with vital international trade partners as part of its commitment to boosting the global tourism ecosystem.

 


Saudi firms sign agreements to develop Syrian oil and gas fields 

Updated 4 sec ago
Follow

Saudi firms sign agreements to develop Syrian oil and gas fields 

RIYADH: Under the supervision of the Ministry of Energy, four Saudi companies signed agreements on Dec. 10 with the Syrian Petroleum Co. covering technical support, development, and production in Syria's oil and gas fields. 

The Saudi companies are: TAQA, ADES Holding Co., Arabian Drilling Co., and Arabian Geophysical & Surveying Co. 

These agreements come as an extension of the existing cooperation between the Kingdom and the Syrian Arab Republic in the energy sector, and within the framework of implementing the memoranda of understanding signed on Aug. 28, and the resulting workshops and field visits to related fields and facilities. 

The agreements signed include an agreement between ADES Holding Co. and the Syrian Petroleum Co., which defines the fundamental principles for the development, operation, and production of gas fields.  

It aims to establish the principles and terms that will form the basis for the final technical service contract, and the development and operation of gas fields and associated facilities in the contract area to increase current production.  

This includes five gas fields: Abu Rabah, Qumqum, North Al-Faidh, Tayyas, and Zamlah Al-Mahr, and any other area agreed upon by both parties later. 

A master services agreement between TAQA and the Syrian company was also forged to provide advanced and integrated solutions and services for building and maintaining oil and gas fields and wells in Syria. 

This agreement aims to enhance operational efficiency and increase oil and gas production through integrated and advanced solutions for well construction and maintenance, following the latest global technologies and using the latest equipment. 

Another master services agreement with the ARCAS was signed, aiming to provide technical services in the field of 2D and 3D seismic surveying services to support exploration and drilling efforts in the oil and gas sector.  

It also aims to establish a long-term strategic cooperation framework to support and propel oil exploration and develop the Syrian energy industry, ensuring rapid response and flexibility, as well as facilitating the swift commencement of technical projects. 

The last agreement on fundamental principles was signed with the Arabian Drilling Co. to provide oil and gas well drilling and maintenance services in Syria, through the leasing and operation of platforms for drilling and maintaining onshore oil and gas wells. 

Under this agreement, the Arabian Drilling Co. will provide platforms for drilling onshore wells, platforms for providing related maintenance services, as well as providing necessary maintenance services, operational support, and training and development of the national workforce.