Saudi’s Hail region welcomes over 1.1m tourists in H1

The Ministry of Tourism reported that over 907,000 visitors to Hail were domestic travelers. File/SPA
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Updated 21 November 2024
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Saudi’s Hail region welcomes over 1.1m tourists in H1

  • Licensed hospitality facilities in Hail now offer around 2,600 rooms
  • Kingdom aims to make the northwestern city of Hail the fifth destination development by Saudi Tourism Investment Co.

RIYADH: Saudi Arabia’s Hail region welcomed over 1.1 million tourists in the first half of 2024, including 170,000 international visitors, reflecting the Kingdom’s growing appeal as a travel hub.

The Ministry of Tourism reported that over 907,000 visitors were domestic travelers, showcasing the region’s popularity among residents.
Licensed hospitality facilities in Hail now offer around 2,600 rooms, meeting growing demand.

The surge aligns with Saudi Arabia’s Vision 2030 goals to enhance tourism infrastructure and attract global travelers to the Kingdom.

This comes as the Kingdom aims to make the northwestern city of Hail the fifth destination development by the Saudi Tourism Investment Co., also known as ASFAR, a Public Investment Fund-owned entity.

In May, Fahad bin Mushayt, the firm’s CEO, revealed the plan during the Future Hospitality Summit, highlighting its alignment with the company’s rapid growth trajectory.

The development follows the successful activation of projects in Al-Baha, Yanbu, Al-Ahsa, and Taif, all of which were launched within a year of ASFAR’s unveiling.

ASFAR is pivotal in advancing Saudi Arabia’s tourism sector, contributing to the Kingdom’s broader vision of economic diversification.

The firm is mandated to invest in new projects and develop attractive travel destinations, incorporating hospitality, tourist attractions, retail, and food and beverage offerings in cities across Saudi Arabia. 

Bin Mushayt said: “In almost one year, ASFAR is already playing in four destinations, with Hail coming soon, so I can reveal that.” 

The entity is working to bridge the gap between the public and the private sector, as well as the local community, to create unique experiences that abide by the DNA of both the nation and the cities themselves, the executive said. 

In August, Saudi Arabia’s private sector was considered to play an important role in the development of the northern province, according to Hail Gov. Prince Abdulaziz bin Saad during his weekly session at Aja Palace.

He said the region is witnessing a qualitative shift in economic, investment, and tourism levels.

Hail region plays an essential role in achieving the Kingdom’s goals through its contribution to enhancing food security and developing the tourism sector.

It also aligns with the Kingdom’s National Investment Strategy, which aims to drive the growth and diversification of the country’s economy, working toward Vision 2030 objectives. 


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.