STA, Visa join hands to launch Tourism Data Lab in Saudi Arabia 

The establishment of this hub aligns with Saudi Arabia’s broader vision to diversify its economy beyond oil.
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Updated 14 August 2024
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STA, Visa join hands to launch Tourism Data Lab in Saudi Arabia 

  • New hub designed to boost Kingdom’s tourism industry by streamlining data management and campaign efforts
  • Visa-STA Tourism Data Lab will play a crucial role in shaping Saudi Arabia's tourism strategy

RIYADH: Saudi Arabia is making significant strides in enhancing its tourism sector with the launch of a Tourism Data and Campaigns Management Hub.

It is a collaboration between the Saudi Tourism Authority and Visa, according to a press statement. This new hub, the first of its kind in the region, is designed to boost the Kingdom’s tourism industry by streamlining data management and campaign efforts, ultimately improving the overall visitor experience.

The establishment of this hub aligns with Saudi Arabia’s broader vision to diversify its economy beyond oil. The National Tourism Strategy is particularly ambitious, aiming to draw over 150 million tourists by 2030 and increase tourism's contribution to the GDP from 6 percent to 10 percent. This effort reflects the Kingdom’s commitment to leveraging tourism as a key driver of economic growth and sustainability.

“Our partnership with Visa underscores the Saudi Tourism Authority’s commitment to placing the tourist at the heart of what we do and using evidence-based insights to better understand the visitor wishlist,” said Abdulkarim Aldarwish, president of Middle East and Africa Markets at STA. 

He added: “By exchanging and analyzing data, and offering products and tailored promotional packages, we aim to significantly improve the tourist experience and attract more visitors from key regional markets.” 

The Visa-STA Tourism Data Lab will play a crucial role in shaping Saudi Arabia's tourism strategy by providing in-depth, data-driven insights into various travel and tourism trends. This comprehensive data will enable the Saudi Tourism Authority to make more informed decisions about campaigns and initiatives, tailored to specific visitor behaviors and preferences.

The lab will offer detailed analyses of visitor journeys, including typical travel routes and experiences, as well as spending behaviors across different categories. It will also provide insights into seasonal trends, helping to identify peak travel times, and assess digital adoption, revealing how tourists use digital tools and platforms during their travels. Additionally, the lab will categorize tourists by various demographics and preferences, offering a clearer understanding of different customer types.

These insights will be instrumental in refining strategies to enhance the overall visitor experience and support the Kingdom’s ambitious tourism goals.

“Saudi Arabia is fast emerging as a leisure and business tourism hub with enriching experiences awaiting visitors. The industry is also a pivotal pillar in Saudi Vision 2030’s economic diversification and job creation goals,” said Ali Bailoun, Visa’s regional general manager for Saudi Arabia, Bahrain and Oman. 

He added: “We are, therefore, pleased to partner with STA in launching the region’s first Tourism Data Lab in Saudi Arabia that will enrich our local partners’ and clients’ efforts to enhance the tourism experience of visitors to Saudi Arabia and support the government’s tourism ambitions.” 


Acwa signs key terms to develop 5GW of renewable energy capacity in Turkiye

Updated 23 February 2026
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Acwa signs key terms to develop 5GW of renewable energy capacity in Turkiye

JEDDAH: Saudi utility giant Acwa has signed key investment agreements with Turkiye’s Ministry of Energy and Natural Resources to develop up to 5 gigawatts of renewable energy capacity, starting with 2GW of solar power across two plants in Sivas and Taseli.

Under the investment agreement, Acwa will develop, finance, and construct, as well as commission and operate both facilities, according to a press release.

The program builds on the company’s first investment in Turkiye, the 927-megawatt Kirikkale Independent Power Plant, valued at $930 million, which offsets approximately 1.8 million tonnes of carbon dioxide annually, the statement added.

A separate power purchase agreement has been concluded with Elektrik Uretim Anonim Sirketi for the sale of electricity generated by each facility.

Turkiye aims to boost solar and wind capacity to 120GW by 2035, supported by around $80 billion in investment, while recent projects have already helped prevent 12.5 million tonnes of CO2 emissions and reduced reliance on imported natural gas.

Turkiye’s energy sector has undergone a rapid transformation in recent years, with renewable power emerging as a central pillar of its strategy.

Raad Al-Saady, vice chairman and managing director of ACWA, said: “The signing of the IA (implementation agreement) and PPA key terms marks a pivotal moment in Acwa’s partnership with Turkiye, reflecting the country’s strong potential as a clean energy leader and manufacturing powerhouse.”

He added: “Building on our long-standing presence, including the 927MW Kirikkale Power Plant commissioned in 2017, this step elevates our partnership to a new level,” Al-Saady said.

In its statement, Acwa said the 5GW renewable energy program will deliver electricity at fixed prices, enhancing predictability for grid planning and supporting long-term industrial investment.

By replacing imported fossil fuels with domestically generated clean energy, the initiative is expected to reduce Turkiye’s exposure to global energy market volatility, strengthening energy security and lowering long-term power costs.

The company added that the economic impact will extend beyond the anticipated investment of up to $5 billion in foreign direct investment, with thousands of jobs expected during the construction phase and hundreds of high-skilled roles created during operations.

The energy firm concluded that its existing progress in Turkiye reflects a strong appreciation for Turkish engineering, construction, and manufacturing capacity, adding that localization has been a strategic priority, and it has already achieved 100 percent local employment at its developments in the country.