Tag Archives: Saudi ministry of tourism

The Ministry of Tourism launched it tourism investment enablers program as they participated in the International Hotel Investment Forum (IHIF) in Berlin as part of its ongoing efforts to showcase and introduce investors to the promising opportunities in the Kingdom’s tourism and hospitality sector. The ministry has set up a pavilion at the IHIF’s accompanying exhibition to showcase opportunities in the Kingdom’s tourism and hospitality sector. It has also participated in panel sessions and introductory meetings with international investors in the forum. Participating in the panel sessions, Deputy Minister for Investment Attraction at the Ministry of Tourism, Mahmoud Abdulhadi, showcased the promising opportunities that the Kingdom provides to international and local investors in the tourism sector, explaining that the TIEP is an integral component of the strategic objectives of the Saudi Vision 2030 and has been designed to enhance the Kingdom’s position as a global tourist destination, while providing excellent investment opportunities for local investors, indicating that the initiative aims to increase and diversify tourism offers and raise the occupancy capacity of tourist hospitality facilities. He stated that the value of private investments attracted through TIEP has reached around SAR 42 billion ($11 billion), with returns estimated at SAR16 billion ($4 billion) on the Kingdom’s gross domestic product by 2030. This indicates that the initiative will contribute to providing up to 120,000 additional job opportunities by 2030 and enhance tourism infrastructure and hospitality facilities in the Kingdom.

The Saudi Ministry of Tourism has unveiled a new initiative for tourism education, which intends to collaborate with universities and higher education institutions throughout the Kingdom to offer distinctive and enriching educational programs. These programs are specially designed to align tourism and hospitality education with the market requirements, and to equip aspiring professionals with the knowledge and skills necessary to secure lucrative employment opportunities in this sector. At a special event held in Riyadh, Her Highness Princess Haifa bint Mohammed Al Saud, Vice Minister of Tourism, launched this initiative on behalf of His Excellency the Minister of Tourism, Mr. Ahmed Al Khateeb. The ceremony was attended by several key partners from government entities and the education sector, who discussed the programs’ primary objectives and implementation strategies. Additionally, the event witnessed the signing of four memorandums of cooperation with MoE, MHRSD, ETEC, and KFUPM. During this occasion, Her Highness stated, “We are delighted to collaborate with the top educational institutions in the Kingdom to introduce the tourism education initiative in order to raise awareness and attractiveness of opportunities in the tourism sector for Saudi citizens and education sector leaders. This initiative is in line with MT’s strategy to meet the needs resulting from the sector’s rapid growth. The launch of these programs will also guarantee that suitable talents are accessible to support the Kingdom’s march towards fulfilling NTS and Vision 2030 objectives, by empowering the next generation of Saudi talents.” Students will have the opportunity to enroll in specialized programs as part of the educational program. These programs include the “Travel and Tourism Diploma” offered by the University of Tabuk in partnership with the renowned Hong Kong Polytechnic University, the “Diploma in …