Saudi Arabia’s leisure tourism soars, drawing 17.5m visitors in 2024 

Between January and July of this year, Saudi Arabia saw 4.2 million visitors seeking entertainment and leisure experiences, a 25 percent increase from the previous year. Shutterstock
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Updated 29 September 2024
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Saudi Arabia’s leisure tourism soars, drawing 17.5m visitors in 2024 

RIYADH: Saudi Arabia’s leisure tourism sector has surged by 656 percent since 2019, welcoming 17.5 million international visitors in 2024, according to the Ministry of Tourism.  

This growth reflects the Kingdom’s ongoing efforts to enhance its tourism offerings and attract global travelers. 

The introduction of the first tourism visa in 2019 marked a pivotal moment for Saudi Arabia's travel industry, significantly boosting international tourism. Under Vision 2030, the Kingdom aims to welcome 100 million tourists by 2030 — a goal achieved seven years ahead of schedule in 2023. 

Between January and July of this year, Saudi Arabia saw 4.2 million visitors seeking entertainment and leisure experiences, a 25 percent increase from the previous year. Overall, the total number of international tourists in the first seven months of 2024 represents a 10 percent rise from 2023 and a 73 percent increase compared to 2019. These statistics underline the sector’s rapid expansion, driven by Vision 2030, which aims to transform the Kingdom into a global tourism hub. 

The UN World Tourism Barometer recognized the Kingdom as the fastest-growing G20 nation in terms of international arrivals and tourism revenues. 

Key initiatives fueling this growth include the development of new tourist attractions, such as the Diriyah Gate project, and substantial investments in luxury resorts along the Red Sea coast. 

Additionally, the Kingdom has prioritized cultural and historical tourism, with projects like the AlUla site and the Custodian of the Two Holy Mosques Cultural Heritage Program enhancing its appeal to travelers. 

These initiatives, along with a push for integrated tourism destinations, have positioned Saudi Arabia as a premier destination for travelers across the globe. 

The tourism sector is poised to significantly impact Saudi Arabia’s employment landscape. By 2030, it is projected to create approximately 1.2 million jobs for Saudis, particularly in hospitality, tour operations, and cultural heritage preservation.  

The National Transformation Program, part of Vision 2030, is designed to ensure that a substantial portion of these jobs are held by Saudi nationals. 

Currently, tourism is one of the largest sources of employment for citizens, with around 900,000 nationals already working in the sector. These developments indicate the sector’s potential to bolster the economy, reduce unemployment, and empower the local workforce.


Second firm ends DP World investments over CEO’s Epstein ties

Updated 11 February 2026
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Second firm ends DP World investments over CEO’s Epstein ties

  • British International Investment ‘shocked’ by allegations surrounding Sultan Ahmed bin Sulayem
  • Decision follows in footsteps of Canadian pension fund La Caisse

LONDON: A second financial firm has axed future investments in Dubai logistics giant DP World after emails surfaced revealing close ties between its CEO and Jeffrey Epstein, Bloomberg reported.

British International Investment, a $13.6 billion UK government-owned development finance institution, followed in the footsteps of La Caisse, a major Canadian pension fund.

“We are shocked by the allegations emerging in the Epstein files regarding (DP World CEO) Sultan Ahmed bin Sulayem,” a BII spokesman said in a statement.

“In light of the allegations, we will not be making any new investments with DP World until the required actions have been taken by the company.”

The move follows the release by the US Department of Justice of a trove of emails highlighting personal ties between the CEO and Epstein.

The pair discussed the details of useful contacts in business and finance, proposed deals and made explicit reference to sexual encounters, the email exchanges show.

In 2021, BII — formerly CDC Group — said it would invest with DP World in an African platform, with initial ports in Senegal, Egypt and Somaliland. It committed $320 million to the project, with $400 million to be invested over several years.