Good news came for pilgrims and the tourism industry in November 2013, when it was announced that a new visa allowing Umrah pilgrims to travel domestically after completing their religious rituals would be issued for the 2013/14 season, a move which is expected to be a boon to tourism and associated industries.
Recognising the important role of tourism in achieving the wider goals of development in Saudi Arabia, including job creation and increased economic diversity, considerable efforts are being made to expand the industry. Under the leadership of Prince Sultan bin Salman, president of the Saudi Commission for Tourism and Antiquities (SCTA), there...
Of the SR100bn ($26.66bn) that the government’s tourism strategy estimates will be needed over a 10-year period to develop the industry, the state expects to cover about a third, with the remaining two-thirds to be provided by the private sector. Public-private partnerships (PPPs) are seen as the way to achieve this, and thus the government is...
With the health care and pharmaceuticals sectors worth $18.3bn and $5.1bn in 2012 and 2013, respectively, according to reports from Alpen Capital, Saudi Arabia is a key target market for international businesses operating in both spheres. Statistics from the European Commission (EC), demonstrate the rapid growth in pharmaceutical exports from...
Government expenditure on health and social care in Saudi Arabia has more than doubled in the last five years. In 2014 the state health sector will receive SR108bn ($28.8bn), as compared to the SR52.3bn ($13.94bn) earmarked for 2009. The year-on-year increase in budget allocation is 8%, the second highest of any sector reported, and its share...
The public health sector has a budget of SR108bn ($28.8bn) for 2014, and across the country new medical facilities are being built. In the budget, the Saudi government announced that 16 new hospitals had been completed in 2013. Construction of another 132 facilities is already under way, and work will start on 11 new hospitals, two medical...
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