How can the tourism industry leverage the expansion of King Abdulaziz International Airport (KAIA) and the newly liberalised visa regulations?
The Middle East
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Interviews & Viewpoints | Mohammed Yousuf Naghi, Chairman of the Board of Directors, Jeddah Chamber of Commerce and Industry (JCCI): Interview from The Report: Saudi Arabia 2020
Articles & Analysis | The Hajj and Umrah pilgrimages play key roles in Makkah and Medina's economic growth from The Report: Saudi Arabia 2020
The cities of Makkah and Medina, situated near the Red Sea in western Saudi Arabia, are the two holiest sites in Islam. The former is the birthplace of the Prophet Muhammad, while the latter, some 500 km away, provided him sanctuary when he fled Makkah and is where he is buried. It was in Medina that Prophet Muhammad was instrumental in...
Interviews & Viewpoints | Fahad Albuliheshi, Mayor, Almadinah Almunawarah Region; and CEO, Almadinah Region Development Authority: Interview from The Report: Saudi Arabia 2020
How is urban infrastructure being developed for diversified economic and demographic growth?
Articles & Analysis | Visitors to Makkah and Medina offer avenue to promote medical tourism in Saudi Arabia from The Report: Saudi Arabia 2020
Leveraging the large number of pilgrims who visit the holy cities of Makkah and Medina to boost broader tourism activity is an important goal for the Kingdom, and one area that could benefit substantially from this push is health care. The Kingdom’s increasing population, alongside enhanced transportation links with Makkah, Jeddah and major...
Articles & Analysis | New regulatory guidance seeks to increase insurance uptake in Saudi Arabia from The Report: Saudi Arabia 2020
Saudi Arabia is home to the second-largest insurance market in the GCC, accounting for approximately 33.6% of the region’s gross written premium (GWP) in 2018. Much of the sector’s growth over recent years has been the result of government action: the Kingdom ranks joint-second in the GCC region in terms of the breadth of its mandatory...
Articles & Analysis | Cyberinsurance is poised for growth globally as risk of data theft increases from The Report: Saudi Arabia 2020
The threat of cybercrime has risen dramatically in recent years, and emerging markets are no exception. While the shift towards online platforms – along with the development of the internet of things, smart cities and blockchain technology – is generating significant opportunities for wealth creation and helping to raise efficiency, it is also...