In a landmark announcement made at the 173rd General Assembly of the Bureau International des Expositions, Saudi Arabia’s capital city Riyadh has been named as the host city for the highly anticipated Expo 2030. Themed ‘The Era of Change: Together for a Foresighted Tomorrow,’ Expo 2030 will align perfectly with the fulfillment of Saudi’s Vision 2030 – a historic blueprint to fundamentally transform the Kingdom, diversify the economy, and improve the lives of the country’s citizens. Saudi is one of the fastest-growing tourist destinations, and in the first quarter of 2023, it had the second-highest number of international arrivals in the world – a growth of 64% compared to the same period in 2019. Expo 2030 is expected to turbocharge the sector’s steep upward trajectory, giving the kingdom a platform to share its unique and diverse wonders with the world while driving forward job creation, sector investment, and trade partnerships. The announcement is also set to significantly boost the Saudi economy and drive the Vision 2030 ambition of making tourism the second largest component of the country’s GDP. Fahd Hamidaddin, CEO and Member of the Board of Saudi Tourism stated: “Today marks an extraordinary chapter for Saudi, with our capital city, Riyadh, honored by the world as the chosen host of Expo 2030. I believe that Expo 2030 will serve as a catalyst for growth and its impact on Saudi’s tourism sector will be felt immediately. As we prepare for this iconic global showpiece, we would like to call on our trade partners to take advantage of the historic opportunities on offer, to help us drive forward sustainable growth and development within the Kingdom’s tourism sector today.” Spotlighting Saudi’s robust …
Read More »