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Revenues of Saudi summer festivals: SR 1 billion


A recent statistical report executed by MAS center showed that tourism revenues for KSA’s summer festivals reached SR 1.2 billion. Mr.
A recent statistical report executed by MAS center showed that tourism revenues for KSA’s summer festivals reached SR 1.2 billion. Mr. Abdullah Al-Jehani, vice president of marketing and media at the Saudi Commission for Tourism and Antiquities (SCTA), pointed out that this number reflects an increased impact of tourist festivals on the provincial income, in particular and on GDP in general, adding that SCTA is supporting summer tourist festivals in all aspects.
Al-Jehani added that summer events have proven to be as a positive economic factor, and their impact can be seen through the seasonal employment of citizens and especially Saudi youth. In addition, summer festivals have contributed in raising the culture of voluntary work, providing significant opportunities for locals to market folklore, agricultural products, and handicrafts, ....

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Qatar, Italy hold roundtable on investment opportunities


Qatar, Italy hold roundtable on investment opportunities
 22 Dec 2020 - 10:01
Minister of Transport and Communications H E Jassim Saif Ahmed Al Sulaiti and Italian Foreign Minister H E Luigi Di Maio (in background) witnessing the signing of a letter of intent on cooperation in innovation between Qatar Foundation and Italy’s Intesa Sanpaolo Innovation Center.
The Peninsula
Doha: The Ministry of Foreign Affairs of Qatar in cooperation with the Ministry of Foreign Affairs of Italy organised a roundtable meeting on the investment opportunities between the two countries yesterday.
The State of Qatar’s delegation was headed by Minister of Transport and Communications H E Jassim Saif Ahmed Al Sulaiti with participation of Minister of Commerce and Industry H E Ali bin Ahmed Al Kuwari, Minister of Municipality and Environment H E Eng. Abdullah bin Abdulaziz bin Turki Al Subaie and CEO of Qatar Investment Authority H E Mansoor bin Ebrahim Al Mahmoud. ....

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