Saudi Arabia Showcases Transformative Investment Opportunities at the 46th Annual NYU International Hospitality Investment Conference

Revolutionizing the Digital Landscape: Our CEO’s Vision for Unlimited Web Hosting…Saudi Ministry of Tourism Deputy Minister for Tourism. Photo AETOSWire

At the forefront of the conference, Mahmoud Abdulhadi, Deputy Minister of Tourism Destination Enablement, delivered a keynote speech to the attendees. He discussed the abundant opportunities in Saudi Arabia, providing insights on investing in tourism to develop new destinations. Mahmoud emphasized how international investors can benefit from the opportunities created, underlining the Kingdom’s commitment to becoming a leading global tourism destination.

The TIEP is designed to lower investment barriers, reduce government fees by 22%, and offer significant incentives. The program includes the flagship Hospitality Investment Enablers initiative, which aims to generate USD 11.2 billion in private-sector investments and create 120,000 jobs in identified tourism destinations with high potential. These initiatives make Saudi Arabia an attractive and lucrative destination for investors.

As part of the Ministry of Tourism’s participation at the event, Gloria Guevara Manzo, Chief Special Advisor at the Ministry of Tourism, Saudi Arabia, took part in a fireside chat titled “The Travel and Tourism Trends Driving the Market.” The session examined the trends that hospitality investors and other stakeholders need to consider to drive their strategies, providing valuable insights into the evolving landscape of global tourism.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CORRECTION: Investment in R&D for neglected diseases delivers an outstanding societal return on investmentPolicy Cures Research today releases a landmark report quantifying, for the first time, the impact of the last two decades of global investment in research and development for neglected diseases.
Source: SATodayNews - 🏆 44. / 51 Read more »

JSE Investment Challenge: April Winners RevealedThe 51st annual JSE Investment Challenge, encourages investment skills among South Africa's youth, has its April round winners announced.
Source: ITNewsAfrica - 🏆 27. / 59 Read more »

Ethiopian Ramps Up Investment Promotion for Auspicious FDI FlowThe government's active engagement in investment promotion and related activities are entitled to the increasing flow of Foreign Direct Investment (FDI), the Ethiopian Investment Commission (EIC) said.
Source: allafrica - 🏆 1. / 99 Read more »

Annual Results for Fintech Company- Capital AppreciationAnnual Results for Fintech Company- Capital Appreciation
Source: ITNewsAfrica - 🏆 27. / 59 Read more »

2024 Annual Meetings - Adesina Lays Out 10 Powerful IdeasOn Thursday in Nairobi, Akinwumi Adesina, President of the African Development Bank Group, proposed 10 innovative ideas to strengthen regional integration and development in Africa. The African people expect concrete action from our meeting here in Nairobi; African integration is everybody's business,' said Adesina, setting the tone.
Source: allafrica - 🏆 1. / 99 Read more »