LATEST NEWS
Saudi govt to invest $13bn in turning Red Sea region into tourism hub
Saudi Arabian Crown Prince, Mohammed bin Salman on Wednesday inaugurated a 50-billion-riyal (13.3 billion dollars) plan to turn the south-western province of Asir into a tourist destination.
The plan was aimed at developing the coastal Red Sea region, which lies near the kingdom’s borders with conflict-ridden Yemen.
The Saudi Press Agency reported that the plan would be able to attract 10 million visitors from within and outside Saudi Arabia by 2030.
It will include infrastructure, transport, health and communications projects.
The crown prince inaugurated his ambitious Vision 2030 plan five years ago, in a bid to pivot away from dependence on oil production and toward other forms of investment, including tourism.
dpa/NAN
-
POLITICS16 hours agoTinubu sponsored attack on Buhari – PDP alleges
-
LATEST NEWS9 hours ago[BREAKING]: Emefiele speaks on old naira notes after deadline
-
POLITICS10 hours ago[BREAKING]: Police stop grand rally for Tinubu/Shettima in Niger
-
LATEST NEWS16 hours agoJUST-IN: Former BUK VC is dead
-
LATEST NEWS6 hours ago[BREAKING]: Prominent northern Emir is dead
-
EDUCATION2 hours agoJUST-IN: FG unveils app to safeguard students from cultists attacks, others
-
POLITICS15 hours ago2023: Tinubu’ll get more votes than Obi in South-East’
-
EDUCATION2 hours agoJUST-IN: JAMB suspends 3 PIN vendors