MIT Startup Working On Synthetic Bioscience
After losing 7-2 to the worst team in the Pacific Division on Monday, the Kings will pivot straight into Wednesday’s showdown with the NHL’s best club. The Winnipeg Jets just moved to 18-4-0 with a resounding 4-1 win over another early-season powerhouse, the Minnesota Wild. Now, Winnipeg’s trip south will signify a visit from some former Kings cohorts: Gabriel Vilardi, Alex Iafallo and Rasmus Kupari, all of whom became Jets as a result of the disastrous Pierre-Luc Dubois trade . Vilardi has continued to be one of the top net-front presences in the NHL on the power play as well as a threat from the slot offensively, while providing outstanding defense and winning 63.6% of his faceoffs this season. Iafallo has emerged as a solid second-unit contributor for Winnipeg and scored two goals against Minnesota, including one with the extra man that was his 100th career tally, while Kupari recorded an assist. They’ve operated behind the team’s top-five scorers – Kyle Connor, Mark Scheifele, Nikolaj Ehlers, Josh Morrissey and Neal Pionk – who have combined for 115 points in 22 games. During last season’s only meeting in Los Angeles, Vilardi scored a career-high four points to match the contributions of then-linemate Ehlers as the Jets turned a two-goal deficit into a comfortable win by way of five unanswered goals. That was part of a stretch of 34 straight games in which Winnipeg and its top goalie, Connor Hellebuyck, allowed three goals or fewer. This season, more feats have followed as the Jets have compiled the NHL’s best points total, points percentage, goal differential, power-play conversion rate, goals-against average and save percentage, all while scoring the most goals of any team. They’ve had two winning streaks of seven or more games in just 22 matches. While the Jets soared, the Kings remained in a holding pattern. They appeared to have four winnable games heading into this clash with the league’s top team, but continued their one-step-forward-one-step-back pattern by splitting bouts with Buffalo , Detroit , Seattle and San Jose. They’ve won consecutive games three times this season, but never more than two in a row. Their latest disappointment saw them fall to 0-2-0 in San Jose in 2024-25, losing to the lottery-bound Sharks on Monday in a game that was tied at the second intermission. No. 1 overall pick Macklin Celebrini got the third-period party started with a goal for San Jose and later drew a penalty before scoring a second goal, five-on-three. Kings coach Jim Hiller said that no one should “disrespect” San Jose – which had dropped six of seven decisions entering the contest – but finally deemed an effort, in this case a five-goals-allowed final frame, to be “unacceptable.” “That’s not a team that’s trying to tank, that’s a good hockey team, strong players, real good back end. We played them three times, they beat us twice, we barely beat them in the one at home,” Hiller said. “We completely fell apart in the third period. That’s just unacceptable, what happened in the third.” Anže Kopitar’s hand stayed hot with a goal and an assist to match the two points of linemate Adrian Kempe. Kempe has notched 13 points over his past 12 games while Kopitar has 16 points across those same dozen contests, putting the 37-year-old on track to top his best single-season total of 92 points from the 2017-18 season. Winnipeg at Kings When: 7 p.m. Wednesday Where: Crypto.com Arena How to watch: FDSNWLydia Ko locks in full game in CME Group Tour Championship Round 1Stocks that may benefit when F1 racing returns to the Las Vegas Strip
Investors can focus on these stock market themes in 2025
NoneToday’s news headlines and Thought for the Day for school assembly: 28 November 2024Genesis Bryant scores 27 and No. 19 Illinois women beat UMES 75-55 in Music City Classic
Less than a month after winning the World Series, the Los Angeles Dodgers are spending big again to add one of baseball’s best pitchers to their star-studded roster. Blake Snell and the Dodgers agreed to a $182 million, five-year contract, according to a person with direct knowledge of the negotiations. The person spoke to The Associated Press on condition of anonymity Tuesday night because the deal is subject to a successful physical. The two-time Cy Young Award winner broke the news personally by posting a photo of himself on social media in a Dodgers uniform — No. 7. Snell gets a $52 million signing bonus, payable on Jan. 20, and annual salaries of $26 million, of which $13 million each year will be deferred. Because Snell is a Washington state resident, the signing bonus will not be subject to California income tax. Snell would join two-way star Shohei Ohtani and fellow Japanese right-hander Yoshinobu Yamamoto atop Los Angeles’ rotation, giving the Dodgers the first megadeal this offseason following Ohtani’s $700 million, 10-year contract and Yamamoto’s $325 million, 12-year agreement last offseason. Ohtani didn’t pitch this year while recovering from right elbow surgery but is expected back on the mound in 2025. He won his third MVP award — first in the National League — following a huge season at the plate exclusively as a designated hitter. Yamamoto went 7-2 with a 3.00 ERA in 18 starts as a rookie, then won twice in four October outings. Down to three healthy starting pitchers during the postseason, Los Angeles overcame a string of injuries to its projected rotation in winning the franchise’s second World Series title in five years. Right-handers Jack Flaherty and Walker Buehler then became free agents this fall, creating more voids on the staff. But the addition of Snell would fill a large one at the top with a legitimate ace. Snell’s $36.4 million average salary would rank as the fifth-highest among active deals next year behind Ohtani ($70 million), Philadelphia pitcher Zack Wheeler ($42 million), New York Yankees outfielder Aaron Judge ($40 million) and Texas pitcher Jacob deGrom ($37 million). Among expired contracts, it also was exceeded by pitchers Max Scherzer and Justin Verlander (both $43.33 million) under deals they agreed to with the New York Mets. ESPN first reported the details of Snell’s contract. Earlier this month, Snell opted out of his deal with San Francisco to become a free agent for the second consecutive offseason after he was slowed by injuries during his lone year with the Giants. The left-hander agreed in March to a $62 million, two-year contract that included a $17 million signing bonus payable on Jan. 15, 2026, a $15 million salary for 2024 and a $30 million salary for 2025, of which $15 million would have been deferred and payable on July 1, 2027. Snell, who turns 32 next week, went 5-3 with a 3.12 ERA in 20 starts this year, throwing a no-hitter at Cincinnati on Aug. 2 for one of only 16 individual shutouts in the major leagues this season. He struck out 145 and walked 44 in 104 innings. He was sidelined between April 19 and May 22 by a strained left adductor and between June 2 and July 9 by a strained left groin. Snell won Cy Young Awards in 2018 with Tampa Bay and 2023 with San Diego. He is 76-58 with a 3.19 ERA in nine seasons with the Rays (2016-20), Padres (2021-23) and Giants. Because he turned down a qualifying offer from San Diego last November, the Giants were not eligible to give Snell another one and won’t receive draft-pick compensation. Los Angeles expects All-Star right-hander Tyler Glasnow and three-time Cy Young Award winner Clayton Kershaw back in the rotation next year. Other starting candidates if healthy include right-handers Dustin May, Tony Gonsolin and Bobby Miller. Ohtani is coming off right elbow surgery in September 2023 and left shoulder surgery on Nov. 5. Glasnow didn’t pitch after Aug. 11 because of right elbow tendinitis. Kershaw, who turns 37 in March, had foot and knee surgeries on Nov. 7. He declined a $10 million player option in favor of free agency, but is expected to return to Los Angeles. May is coming back from Tommy John surgery in July 2023 and from an operation this past July to repair a tear in his esophagus. Gonsolin spent 2024 rehabbing from Tommy John surgery. Miller, an 11-game winner as a rookie in 2023, was sidelined early this season by shoulder inflammation. He struggled to a 2-4 record with an 8.52 ERA in 13 big league starts and ended the regular season in the minors. Yamamoto was sidelined by right triceps tightness between June 15 and Sept. 10, then returned and went 2-0 with a 3.86 ERA in four postseason starts. ___ AP Baseball Writers Janie McCauley and Mike Fitzpatrick contributed to this report.
2 / 10 Mortgage rates are suddenly going up again. Why? Mortgage rates are suddenly going up again. Why? Mortgage rates are back up to almost 7% in a reversal of some of the declines in recent months, pointing to growing concerns about future inflation. The 30-year-fixed rate jumped to 6.90% last week, up from 6.86% a week earlier and its highest level since July, according to data from the Mortgage Bankers Association released Wednesday. Despite the increase, overall mortgage loan application volume ticked up by 1.7% on a weekly basis. Read More 3 / 10 The 2 biggest stock market risks in 2025, according to Goldman Sachs The 2 biggest stock market risks in 2025, according to Goldman Sachs As 2024 comes to a close, the U.S. stock market has posted considerable returns on a red-hot rally led by major technology stocks that have benefited from artificial intelligence. But Goldman Sachs ( GS ) is warning of two major risks that could put a damper on the stock market party in 2025. Read More 4 / 10 You can earn crypto without actually buying or selling it. Here’s how You can earn crypto without actually buying or selling it. Here’s how Cryptocurrency investment has become an increasingly popular avenue for generating income and building long-term financial security. However, earning through cryptocurrencies doesn’t always require active buying and selling. In fact, there are several indirect methods to earn cryptocurrencies that involve minimal ongoing effort. These strategies allow individuals to generate passive income—earnings that require little to no continuous labor, energy, or time for maintenance. Read More 5 / 10 Trump Media is close to buying a cryptocurrency trading platform Trump Media is close to buying a cryptocurrency trading platform President-elect Donald Trump’s social media company is reportedly in advanced negotiations to acquire the cryptocurrency trading platform Bakkt, according to a report by the Financial Times on Monday late afternoon. The publication cited two individuals familiar with the matter. Read More 6 / 10 Bitcoin breaks through $94,000 for the first time — and it’s getting less volatile Bitcoin breaks through $94,000 for the first time — and it’s getting less volatile Bitcoin passed $94,000 for the first time following reports that President-elect Donald Trump’s media company could be close to buying a cryptocurrency trading platform. Additionally, earlier this week , several Bitcoin ETFs began trading on the Nasdaq, offering investors a new way to gain exposure to Bitcoin without directly owning the cryptocurrency. Read More 7 / 10 The S&P 500 is about to have a big 2025, Goldman Sachs says — even without the ‘Magnificent 7' The S&P 500 is about to have a big 2025, Goldman Sachs says — even without the ‘Magnificent 7' After Morgan Stanley’s ( MS ) bullish outlook, another financial giant has joined the optimistic chorus for the S&P 500 in 2025. What’s more, it expects the growth of the S&P 500 to occur without relying on the outperformance of the Magnificent Seven, marking a notable shift in market dynamics. Read More 8 / 10 The stock market risks of Nvidia’s success, according to a strategist The stock market risks of Nvidia’s success, according to a strategist Off English Andrew Krei, co-chief investment officer of Crescent Grove Advisors, breaks down Nvidia earnings expectations 9 / 10 Target just had its biggest earnings miss in years — and the stock plummets 21% to a 1-year-low Target just had its biggest earnings miss in years — and the stock plummets 21% to a 1-year-low Target’s ( TGT ) price cuts and early holiday promotions aren’t delivering the expected results . Target stock plummeted by more than 21% on Wednesday morning after it reported disappointing third-quarter earnings . Despite slashing prices on thousands of items and seeing a slight uptick in customer traffic, inflation-weary shoppers are holding back on purchases. Read More 10 / 10Column: How veterans can lead America’s fight for unity
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S.Korea political upheaval shows global democracy's fragility - and resilienceBIRMINGHAM, Mich. , Nov. 27, 2024 /PRNewswire/ -- OneStream, Inc. ("OneStream") (Nasdaq: OS) announced today that in connection with the previously announced underwritten public offering of 15,000,000 shares of its Class A common stock, which closed on November 18, 2024 , the underwriters have exercised in full their option to purchase an additional 2,250,000 shares of Class A common stock at the public offering price of $31.00 per share, less underwriting discounts and commissions. Of the additional shares, 1,351,043 shares were sold by selling stockholders and 898,957 shares were sold by OneStream as part of a non-dilutive "synthetic secondary" transaction (the "Synthetic Secondary"). OneStream did not receive any proceeds from the sale of shares by the selling stockholders in the public offering. OneStream used all of the net proceeds to it from the public offering to purchase LLC units of OneStream Software LLC (and purchase and cancel an equal number of shares of Class C common stock) from KKR Dream Holdings LLC in the Synthetic Secondary, at a purchase price per unit equal to the public offering price per share of Class A common stock sold in the public offering, net of underwriting discounts and commissions. Accordingly, OneStream did not retain any proceeds from the public offering and, upon the closing of the public offering and the Synthetic Secondary, the total number of outstanding shares of common stock of OneStream and LLC units of OneStream Software LLC remained the same. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Veterans can use their battle-tested lessons to restore unity and hope to prevent extreme voices from tearing the country apart, More Perfect Union's Jake Harriman writes in an opinion column. Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Most Popular Cause of underground fire at Williamsburg Premium Outlets still unknown — and may stay that way, fire chief says Cause of underground fire at Williamsburg Premium Outlets still unknown — and may stay that way, fire chief says Hampton’s superintendent just got a massive raise. Here’s how it compares. Hampton’s superintendent just got a massive raise. Here’s how it compares. Man taken into custody after shooting at Suffolk church staff member Man taken into custody after shooting at Suffolk church staff member Colonial Williamsburg’s Grand Illumination has echoes across the US Colonial Williamsburg's Grand Illumination has echoes across the US John Hinckley Jr. nixes plans to open Williamsburg music store John Hinckley Jr. nixes plans to open Williamsburg music store Disney influencer Dominique Brown dies at 34 after allergic reaction at food event, report says Disney influencer Dominique Brown dies at 34 after allergic reaction at food event, report says VHSL state semifinal scoreboard: Oscar Smith, Maury, Phoebus advance to championship games VHSL state semifinal scoreboard: Oscar Smith, Maury, Phoebus advance to championship games Williamsburg-area Democrats announce candidacy for House seats Williamsburg-area Democrats announce candidacy for House seats Hampton Roads native’s acting career grows with role on NBC’s ‘Brilliant Minds,’ airing Monday Hampton Roads native’s acting career grows with role on NBC’s ‘Brilliant Minds,’ airing Monday Hokies will play in Duke’s Mayo Bowl against Minnesota in Charlotte Hokies will play in Duke’s Mayo Bowl against Minnesota in Charlotte Trending Nationally Killing of UnitedHealthcare CEO spotlights complex challenge companies face in protecting top brass MAGA influencer Nick Fuentes charged with battery of woman he maced: report ‘America’s Got Talent’ comedian Kabir ‘Kabeezy’ Singh dead at 39 Police may search a vehicle based on the smell of raw cannabis, Illinois Supreme Court rules ‘Oppenheimer’ actor Emma Dumont comes out as transmasculine, changes nameCaprock Group LLC lifted its holdings in First Trust Nasdaq Cybersecurity ETF ( NASDAQ:CIBR – Free Report ) by 2.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,044 shares of the company’s stock after purchasing an additional 300 shares during the period. Caprock Group LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $713,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF in the third quarter worth approximately $26,000. Fairfield Financial Advisors LTD acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter worth $28,000. Signaturefd LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth $37,000. Zions Bancorporation N.A. acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at $39,000. Finally, Eastern Bank purchased a new position in First Trust Nasdaq Cybersecurity ETF in the 3rd quarter worth about $39,000. First Trust Nasdaq Cybersecurity ETF Trading Up 0.6 % CIBR stock opened at $63.61 on Friday. First Trust Nasdaq Cybersecurity ETF has a one year low of $48.36 and a one year high of $65.29. The firm has a 50-day moving average of $60.94 and a two-hundred day moving average of $57.68. The firm has a market capitalization of $7.17 billion, a PE ratio of 34.35 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF Cuts Dividend About First Trust Nasdaq Cybersecurity ETF ( Free Report ) The First Trust NASDAQ Cybersecurity ETF (CIBR) is an exchange-traded fund that is based on the Nasdaq CTA Cybersecurity index. The fund tracks a liquidity-weighted index that targets companies engaged in the cybersecurity industry. CIBR was launched on Jul 7, 2015 and is managed by First Trust. Featured Stories Receive News & Ratings for First Trust Nasdaq Cybersecurity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Nasdaq Cybersecurity ETF and related companies with MarketBeat.com's FREE daily email newsletter .Monday, December 9, 2024 Saudi Arabia has emerged as a formidable leader in global tourism, outpacing its Gulf counterparts — UAE, Qatar, Oman, and Bahrain — to secure the coveted 3rd position in the international tourism order . This achievement is driven by an exceptional 61% growth in international tourist arrivals in 2024 compared to 2019. This growth reflects the success of Saudi Arabia’s Vision 2030 , a comprehensive strategy aimed at diversifying the economy and reducing reliance on oil. Through large-scale developments, heritage preservation, enhanced aviation infrastructure, and strategic financial investments, Saudi Arabia is leading the Gulf region in tourism. Below is an in-depth comparison of Saudi Arabia’s progress against the UAE, Qatar, Oman, and Bahrain across critical tourism elements. Saudi Arabia spans an enormous 2.15 million square kilometers , making it the largest country in the Middle East and the 12th largest globally . This expansive landmass allows the Kingdom to develop large-scale tourism projects like NEOM, The Red Sea Project, and AlUla , which require extensive land and natural resources. This is a key factor that sets Saudi Arabia apart from UAE, Qatar, Oman, and Bahrain. Saudi Arabia has leveraged its large landmass to develop multi-regional tourism projects . For instance, NEOM covers over 26,500 sq km, offering futuristic attractions, adventure tourism, and technology-driven smart city developments. Similarly, The Red Sea Project utilizes Saudi Arabia’s natural islands to build luxury resorts, offering eco-friendly tourism experiences. Unlike smaller Gulf nations, Saudi Arabia’s land advantage allows it to create multiple world-class tourism hubs . UAE is significantly smaller, covering just 83,600 sq km , which limits the scale of its tourism developments. To overcome this constraint, the UAE relies on man-made islands like The Palm Jumeirah and The World Islands . Unlike Saudi Arabia’s use of natural resources, UAE’s artificial islands come with environmental concerns. The UAE’s reliance on concentrated development in Dubai contrasts with Saudi Arabia’s regional tourism strategy that incorporates Jazan, AlUla, and Diriyah. Qatar is even smaller, covering only 11,581 sq km , making it one of the smallest countries in the Gulf. Due to space constraints, Qatar cannot undertake large-scale developments like The Red Sea Project or NEOM . Instead, it relies on urban developments like The Pearl-Qatar , which is smaller in scale compared to Saudi Arabia’s transformative projects. Qatar’s space limitations prevent it from executing multi-regional tourism initiatives like Saudi Arabia’s nationwide development strategy . Oman is relatively large at 309,500 sq km , but its tourism strategy focuses on eco-tourism and nature retreats . While Oman’s vast deserts and scenic wadis offer opportunities for natural tourism, it lacks the large-scale, futuristic smart city projects seen in Saudi Arabia. Oman’s focus is on preserving natural heritage, whereas Saudi Arabia’s approach combines nature with luxury, as seen in the Red Sea Project and NEOM . Bahrain is the smallest Gulf country, with just 760 sq km of land. Its tourism industry is centered around shopping malls, nightlife, and weekend getaways for GCC residents. Bahrain does not have sufficient land for large-scale tourism developments, unlike Saudi Arabia, which has developed extensive tourism hubs like NEOM and Diriyah . Bahrain’s reliance on short-term tourism is a disadvantage compared to Saudi Arabia’s multi-regional strategy . Saudi Arabia has committed an unprecedented $250 billion budget for 2023 , with substantial portions allocated to infrastructure, education, healthcare, and tourism. At the heart of this funding strategy is the Public Investment Fund (PIF) , which manages over $700 billion in assets . This massive financial resource is driving the development of transformative projects like NEOM, The Red Sea Project, Diriyah, and AlUla . Unlike other Gulf countries, Saudi Arabia’s government directly funds these projects, allowing for faster execution and large-scale developments that surpass the capacity of UAE, Qatar, Oman, and Bahrain . The scale and speed of these investments are unmatched, as the Kingdom aims to attract 150 million visitors annually by 2030 , create 1.8 million jobs , and establish itself as a global tourism powerhouse . Saudi Arabia is channeling its vast financial resources through its Public Investment Fund (PIF) , which provides full financial backing for major projects like NEOM, The Red Sea Project, and Diriyah . Unlike other Gulf countries that depend on private investors or public-private partnerships, Saudi Arabia can directly fund large-scale developments, giving it more control over timelines and execution. Projects like NEOM , valued at over $500 billion , are being developed as futuristic, smart, and sustainable cities , while the Red Sea Project aims to position the Kingdom as a leader in eco-tourism . This approach allows Saudi Arabia to develop multiple large-scale projects simultaneously, unlike its neighbors, who typically focus on one large initiative at a time. UAE relies heavily on private-sector partnerships and foreign direct investment to finance its landmark projects like the Burj Khalifa and The World Islands . While this model has been successful in building iconic developments, it slows down project completion and increases reliance on foreign stakeholders. Unlike Saudi Arabia’s PIF-funded model , the UAE cannot independently fund multiple large-scale projects at once. As a result, developments like The World Islands experienced significant delays due to investor withdrawals. By contrast, Saudi Arabia’s PIF enables the Kingdom to fast-track projects like The Red Sea Project and Diriyah , which are being developed without financial constraints or the need for private investment. Qatar funneled over $220 billion into infrastructure development for the FIFA World Cup 2022 , including the construction of stadiums, transportation, and hospitality infrastructure. However, most of Qatar’s spending was directed toward a single event, while Saudi Arabia’s budget is distributed across multiple large-scale projects with long-term growth potential. Unlike Saudi Arabia, Qatar does not have a state-controlled fund as large as PIF , which means its capacity to fund multi-regional developments is limited. Saudi Arabia’s financial strategy ensures that mega-projects like NEOM and The Red Sea Project generate sustained tourism revenue throughout the year, while Qatar’s projects are often focused on one-time events like the FIFA World Cup. Oman operates with a smaller budget and limited financial capacity , relying on foreign partnerships and development loans to fund its tourism infrastructure. Unlike Saudi Arabia, which independently funds its projects through the PIF , Oman’s development model limits its ability to execute large-scale initiatives. While Oman has successfully positioned itself as a leader in eco-tourism and nature-based tourism , it lacks the financial strength to develop large-scale, luxury-driven projects like Saudi Arabia’s Red Sea Project . Additionally, while Oman’s focus on small eco-lodges appeals to nature lovers, it cannot match the grand, multi-billion-dollar hospitality developments that Saudi Arabia is rolling out in NEOM and Sindalah Island . Bahrain relies on financial aid from Gulf Cooperation Council (GCC) countries and private investments to support its tourism and hospitality sector. Without access to a sovereign wealth fund like Saudi Arabia’s PIF , Bahrain faces significant funding challenges. The Kingdom’s reliance on regional tourism also limits its ability to justify large-scale development projects. While Bahrain has developed luxury resorts and high-end hotels , it lacks the financial resources to undertake landmark projects like NEOM, The Red Sea Project, or Diriyah . Unlike Saudi Arabia, which is developing a distributed network of tourist destinations , Bahrain’s tourism economy is concentrated in a small urban area with limited capacity for growth. Saudi Arabia is undergoing a hospitality revolution , with plans to build 250,000 new hotel rooms by 2030 to support its goal of attracting 150 million visitors annually . Major projects like NEOM’s Sindalah Island and The Red Sea Project are transforming Saudi Arabia into a hub for luxury resorts, eco-tourism hubs, and high-end hospitality experiences . Unlike its Gulf neighbors, Saudi Arabia is following a multi-regional hospitality approach , developing tourist hubs in Jazan, AlUla, Riyadh, Jeddah, and NEOM , ensuring that every region benefits from tourism growth. Saudi Arabia is creating a distributed network of hospitality hubs across multiple regions. Projects like NEOM’s Sindalah Island offer ultra-luxury resorts with yacht marinas, while The Red Sea Project blends eco-tourism with luxury, offering unique island getaways. AlUla focuses on heritage-inspired hotels that immerse visitors in the Kingdom’s rich cultural history. Unlike other Gulf nations, Saudi Arabia’s hospitality sector is backed by the Public Investment Fund (PIF) , ensuring rapid development and global appeal. UAE has long been known for its luxury hotel industry , but most of its hospitality is concentrated in Dubai and Abu Dhabi . While Dubai boasts landmarks like Burj Al Arab , the UAE’s tourism strategy is largely urban-focused. By contrast, Saudi Arabia’s multi-regional approach spreads luxury hotels and resorts across its vast territory. Saudi Arabia also incorporates natural beauty in its projects, unlike the UAE’s reliance on man-made islands like The Palm Jumeirah. Qatar experienced rapid hospitality growth in preparation for the FIFA World Cup 2022 , with a surge in hotel construction. However, after the event, hotel occupancy rates fell significantly. Unlike Qatar’s event-driven model, Saudi Arabia focuses on year-round, sustainable tourism . Its diversified hospitality model, with projects like The Red Sea Project and AlUla , supports steady tourist arrivals throughout the year, not just for single events. Oman is known for its eco-tourism and nature retreats , with boutique hotels and eco-lodges in locations like Salalah and Muscat. However, Oman’s focus on small-scale development contrasts with Saudi Arabia’s large-scale, multi-region approach . Projects like The Red Sea Project incorporate eco-friendly luxury resorts on pristine islands, offering both luxury and sustainability. Unlike Oman’s niche approach, Saudi Arabia caters to a broader range of tourists, from adventure travelers to luxury seekers. Bahrain relies heavily on weekend tourism from neighboring Saudi Arabia, with many visitors traveling for shopping, entertainment, and nightlife. However, as Saudi Arabia develops its own luxury resorts in NEOM, AlUla, and Jazan , these same tourists are now staying within the Kingdom. This shift has reduced Bahrain’s hotel occupancy rates, as Saudi Arabia’s expansive hospitality network offers superior options for luxury, eco-tourism, and heritage experiences. Gulf nations are competing to attract international tourists through visa-free and visa-on-arrival policies , making it easier for millions of travelers to visit the region. By streamlining entry processes, Bahrain, Qatar, Oman, UAE, and Saudi Arabia aim to boost tourist arrivals, increase economic diversification, and reduce reliance on oil revenues. Each country’s approach reflects its broader tourism strategy, from promoting weekend getaways to encouraging luxury, adventure, and event-driven tourism . While Bahrain and Qatar focus on short-term tourism , Saudi Arabia is using its multi-regional tourism hubs to support year-round growth . Saudi Arabia has introduced visa-free and visa-on-arrival entry for citizens of 49 countries , marking a key step in its Vision 2030 initiative. This policy aims to make Saudi Arabia a leading global tourist destination. By simplifying entry for travelers from Europe, North America, and Asia , the Kingdom is drawing in a diverse range of visitors, from adventure travelers to luxury seekers. Tourists can now visit NEOM, The Red Sea Project, and AlUla with minimal travel restrictions. Unlike Bahrain, Oman, and Qatar , which focus on short-term tourism, Saudi Arabia’s approach targets year-round, multi-regional tourism growth , boosting its position as a top global destination. The UAE offers visa-free entry for citizens of 87 countries , reinforcing its status as one of the most accessible Gulf nations for international tourists. The policy supports the UAE’s goal to increase the number of visitors to Dubai and Abu Dhabi , which serve as the main tourism hubs. By simplifying travel for citizens from Europe, Asia, and the Americas , the UAE strengthens its reputation as a luxury shopping, entertainment, and urban tourism hub . Unlike Saudi Arabia, which focuses on multi-regional development , UAE’s tourism industry is heavily centered around Dubai . While the UAE remains a preferred transit point for global travelers, Saudi Arabia’s growing aviation capacity and multi-region strategy could soon challenge Dubai’s dominance. Qatar now offers visa-free entry for citizens of 102 countries , making it one of the most accessible destinations in the Gulf. This policy is part of Qatar’s efforts to maintain momentum following the success of the FIFA World Cup 2022 , which drew millions of tourists. Qatar’s visa-free policy targets visitors from Europe, Africa, and Asia , supporting its ambition to become a leading destination for sports tourism and cultural tourism . Unlike Saudi Arabia, which is focused on developing year-round tourism hubs like The Red Sea Project and NEOM , Qatar relies heavily on event-driven tourism . While Qatar’s visa policy ensures tourist access for major events, Saudi Arabia’s policy promotes sustained tourist inflow throughout the year. Oman now offers visa-free travel to citizens of 98 countries , making it one of the most accessible nature-based tourism destinations in the Gulf. This policy is aimed at attracting eco-tourists, adventure travelers, and cultural tourists from Europe and Asia. Visitors can explore natural retreats like Muscat, Salalah, and Oman’s wadis without the hassle of obtaining a visa. While Oman’s visa policy is similar to Saudi Arabia’s, its tourism model is niche-focused , promoting small-scale eco-lodges and boutique hotels. In contrast, Saudi Arabia’s visa-free entry supports a more diverse tourism approach , attracting travelers to luxury resorts, heritage sites, and adventure hubs like NEOM and AlUla . Bahrain has introduced visa-free entry for citizens of 72 countries , aiming to boost its status as a weekend getaway destination for Gulf travelers. The policy is intended to maintain Bahrain’s share of tourists from Saudi Arabia, Kuwait, and the broader Gulf Cooperation Council (GCC) . With easy visa access, Bahrain aims to attract visitors for shopping, dining, and leisure tourism . However, Bahrain’s reliance on short-term visitors contrasts with Saudi Arabia’s strategy to promote year-round, luxury, and adventure tourism . As Saudi Arabia develops luxury hubs like NEOM, Jazan, and The Red Sea , many of the weekend tourists who once traveled to Bahrain are now choosing to stay within Saudi Arabia. Saudi Arabia is transforming its aviation sector with the construction of King Salman International Airport in Riyadh, which will have the capacity to handle 120 million passengers annually by 2030 . In addition, Saudi Arabia is launching a new flagship airline, Riyadh Air , which aims to connect the Kingdom to over 100 global destinations . The expansion of Jeddah’s King Abdulaziz International Airport is also underway to support increased tourist and religious pilgrim traffic. Unlike its Gulf rivals, Saudi Arabia is not focused on a single airport hub but on a multi-airport strategy to distribute tourism traffic across its vast regions. This strategy directly challenges the dominance of regional aviation giants like Dubai International Airport (DXB) and Hamad International Airport (DOH) . Saudi Arabia is building King Salman International Airport to handle 120 million passengers annually , surpassing the capacity of Dubai International Airport. The launch of Riyadh Air will further boost Saudi Arabia’s position as a global transit hub , offering direct flights to over 100 international destinations . Meanwhile, Jeddah’s King Abdulaziz Airport is being upgraded to handle increased tourism linked to Hajj and Umrah pilgrimages , as well as leisure tourists visiting new resorts like The Red Sea Project . Saudi Arabia’s focus on regional airports and multi-destination connectivity sets it apart from other Gulf nations that rely on one primary airport hub. UAE relies on Dubai International Airport (DXB) , one of the busiest transit hubs in the world, handling 90 million passengers annually . While Dubai Airport is currently larger, King Salman International Airport in Riyadh will surpass it in capacity by 2030, with a capacity of 120 million passengers . Unlike Saudi Arabia’s multi-hub strategy , the UAE relies on a single major airport for most of its tourism traffic. Saudi Arabia’s introduction of Riyadh Air will also pose direct competition to Emirates Airlines , currently the leading Gulf carrier for long-haul flights. Qatar is home to Hamad International Airport (DOH) , which underwent significant expansion to support traffic from the FIFA World Cup 2022 . However, after the event, tourist arrivals have declined, leaving Qatar with underutilized airport capacity. Unlike Qatar’s event-driven strategy, Saudi Arabia’s approach is long-term and growth-focused . The King Salman International Airport will support sustained tourism growth and global transit routes through Riyadh Air , offering year-round demand rather than event-based spikes. This strategy ensures that Saudi Arabia’s aviation industry is future-proof. Oman operates Muscat International Airport , but its passenger capacity is small compared to Saudi Arabia’s King Salman International Airport . Oman’s aviation sector is geared toward regional travel , with limited capacity to act as a global transit hub. In contrast, Saudi Arabia is pursuing an aggressive global connectivity strategy , positioning itself as a major player in aviation. With the launch of Riyadh Air , Saudi Arabia will attract international transit passengers, taking market share from Oman’s airports and boosting connectivity for tourism hotspots like AlUla, Jazan, and The Red Sea resorts . Bahrain relies on Bahrain International Airport , which primarily caters to short-haul regional traffic. Bahrain also relies on Gulf Air , its national airline, which offers limited connectivity compared to the global expansion planned by Riyadh Air . The multi-hub approach of Saudi Arabia , with airport development in Riyadh, Jeddah, and new regional airports , reduces Bahrain’s ability to compete. Saudi Arabia’s expansion into the global aviation market threatens Bahrain’s position as a convenient layover point for Gulf travelers. Vision 2030 is Saudi Arabia’s master plan for economic and social transformation , aimed at reducing its dependence on oil and positioning the Kingdom as a global tourism powerhouse . Launched in 2016 under the leadership of Crown Prince Mohammed bin Salman , Vision 2030 outlines ambitious goals, including increasing non-oil revenue, growing the tourism sector, and boosting the economy through large-scale development projects . The strategy aims to transform Saudi Arabia into one of the world’s top destinations for leisure, culture, and adventure tourism. Unlike UAE, Qatar, Oman, and Bahrain , which focus on specific aspects of tourism, Saudi Arabia’s Vision 2030 is a multi-dimensional strategy that touches every part of the economy, from aviation and hospitality to entertainment and regional development. Saudi Arabia has set clear targets under Vision 2030 , with the most prominent goal being to attract 150 million visitors annually by 2030. To achieve this, the Kingdom is focusing on mega-projects like NEOM, The Red Sea Project, Diriyah, and AlUla , each offering a unique tourism experience. Vision 2030 also emphasizes economic diversification , with the goal of reducing oil dependency to less than 50% of GDP . Key sectors like tourism, hospitality, and aviation are now major contributors to the economy. Additionally, the Kingdom aims to create 1.8 million new jobs in the tourism sector, further driving socio-economic transformation. Saudi Arabia’s vision also includes hosting major global events like the World Expo 2030 , which is expected to attract over 40 million visitors to Riyadh, generating billions in revenue. Unlike its Gulf rivals, Saudi Arabia’s vision goes beyond one-time sporting events or luxury hubs — it aims for long-term sustainable tourism growth . UAE has developed its own long-term strategy for growth, with Dubai’s vision focusing on luxury tourism, shopping, and entertainment . However, UAE’s strategy is centered around the success of a few key hubs like Dubai and, to a lesser extent, Abu Dhabi . Unlike Saudi Arabia, which is developing tourism across multiple regions, the UAE relies on urban-based tourism driven by luxury shopping malls, theme parks, and architectural marvels like the Burj Khalifa . While Dubai hosted Expo 2020 , it was a short-term event that did not generate the long-term sustainable growth Saudi Arabia aims to achieve with its hosting of the World Expo 2030 . Furthermore, UAE’s tourism strategy lacks the depth and regional diversification seen in Vision 2030, where multiple regions like Jazan, AlUla, and The Red Sea are being developed simultaneously. Qatar made headlines with its hosting of the FIFA World Cup 2022 , which temporarily boosted tourism. However, Qatar’s tourism growth is largely event-driven . Once the event concluded, hotel occupancy rates declined, and tourist arrivals slowed. While Qatar has focused on promoting sports tourism and cultural tourism through museums like the National Museum of Qatar , its strategy does not have the multi-pronged approach of Vision 2030 . Saudi Arabia’s vision aims to sustain year-round tourism by creating large-scale tourism projects like NEOM and The Red Sea Project , ensuring there is a constant influx of visitors throughout the year. Unlike Qatar, Saudi Arabia is also targeting a wider range of tourists, from eco-tourists and adventure seekers to luxury travelers . By incorporating cultural heritage, adventure tourism, and luxury resorts , Saudi Arabia is creating a more diversified tourism economy than Qatar’s sports-driven model . Oman has focused its tourism strategy on eco-tourism and nature-based retreats , with projects in areas like Salalah and Muscat. However, Oman’s tourism growth is limited due to its smaller budget and reliance on small-scale eco-lodges and nature resorts. Vision 2030 takes Oman’s eco-tourism model to the next level with The Red Sea Project , where 90 pristine natural islands are being converted into a luxury eco-tourism hub. Unlike Oman’s small-scale eco-resorts, Saudi Arabia’s The Red Sea Project offers a combination of ultra-luxury villas, floating hotels, and coral reef tourism , making it one of the most ambitious eco-tourism developments in the world. While Oman is known for its nature tourism, it lacks the financial capacity and large-scale projects that Saudi Arabia’s PIF funds. Moreover, Vision 2030 promotes the development of tourism in multiple regions like NEOM, AlUla, and Jazan , while Oman’s tourism efforts are primarily focused on a few areas like Salalah. Bahrain has traditionally relied on weekend tourism from neighboring Gulf countries, especially visitors from Saudi Arabia and Kuwait. Bahrain’s tourism sector revolves around shopping malls, nightlife, and leisure tourism , but this model is being challenged by Saudi Arabia’s Vision 2030. With the development of luxury resorts in NEOM, Jazan, and The Red Sea , Saudi Arabia is now retaining tourists who previously traveled to Bahrain for leisure. Unlike Bahrain, which relies on weekend traffic, Vision 2030 promotes year-round, sustainable tourism . Bahrain’s reliance on Gulf tourists is fragile, as Saudi Arabia’s domestic developments offer better-quality resorts and more diverse attractions. While Bahrain focuses on its small hospitality sector, Vision 2030 envisions a future where Saudi Arabia becomes a global tourism leader , not just a regional player. This shift has already led to a decline in Bahrain’s hotel occupancy, as tourists who used to travel to Bahrain now stay within Saudi Arabia’s new tourist hubs. Saudi Arabia is set to host the prestigious World Expo 2030 in Riyadh , a monumental achievement that will position the Kingdom as a global tourism and business hub . Running from October 1, 2030, to March 31, 2031 , the Expo is expected to attract over 40 million visitors from around the world. This six-month-long event will showcase Saudi Arabia’s advancements in technology, culture, innovation, and sustainability , aligning perfectly with the goals of Vision 2030 . Hosting the World Expo not only enhances Saudi Arabia’s global reputation but also provides a significant boost to its tourism sector, hospitality industry, and local economy. Saudi Arabia ’s successful bid to host World Expo 2030 is a testament to its growing influence on the global stage. The event will generate billions in economic activity and create thousands of new jobs, further supporting the Kingdom’s mission to diversify its economy. Unlike short-term events like Qatar’s FIFA World Cup , the World Expo 2030 will span six months , drawing tourists, investors, and world leaders. The Expo will be hosted in Riyadh , but its impact will be felt nationwide, with supporting tourism hubs in AlUla, Jazan, and The Red Sea Project also benefiting from the influx of international visitors. As the Kingdom aims to attract 150 million visitors annually , hosting this global event ensures Saudi Arabia will remain a key player in the tourism and business sectors for years to come. UAE previously hosted Expo 2020 Dubai , which was postponed to 2021 due to the COVID-19 pandemic. While the event successfully attracted millions of visitors, it only lasted for six months and had limited long-term tourism impact. Unlike UAE’s strategy of promoting Dubai as the key tourism hub, Saudi Arabia’s World Expo 2030 will showcase multiple regions , including Jeddah, AlUla, and Riyadh. This multi-regional approach allows for more distributed tourism growth, unlike Dubai, where most activity is centered in a single city. Additionally, while Dubai hosted the Expo after building its global reputation, Saudi Arabia’s Expo will showcase its economic transformation under Vision 2030 , symbolizing a shift from oil reliance to a diversified economy fueled by tourism, aviation, and hospitality. Qatar gained global attention for hosting the FIFA World Cup 2022 , an event that boosted short-term tourism but faced criticism for its limited long-term impact on the country’s economy. Unlike the World Cup, which lasted for only a month, the World Expo 2030 will run for six months, ensuring sustained tourism activity. Saudi Arabia’s tourism model is long-term and multi-dimensional , offering visitors more than just sports events. While Qatar used the World Cup to increase hotel capacity and expand its aviation sector, many of its newly built hotels are now underutilized. Saudi Arabia’s multi-regional tourism model ensures that tourism hubs like NEOM, The Red Sea, and AlUla will benefit from the influx of Expo visitors. This approach drives sustained economic growth, unlike Qatar’s event-driven strategy , which resulted in an occupancy drop after the World Cup ended. Oman has never hosted an event on the scale of the World Expo 2030 , and its tourism strategy is focused on eco-tourism and nature retreats . While Oman’s eco-tourism model attracts niche travelers, it does not have the capacity to host large-scale international events like a World Expo . Saudi Arabia’s ability to host the event reflects its growing influence and infrastructural development. Unlike Oman, which relies on its natural landscape for tourism, Saudi Arabia is using Vision 2030 to build a future-ready tourism industry capable of handling millions of international visitors. The construction of King Salman International Airport in Riyadh and the launch of Riyadh Air are directly linked to the success of the World Expo 2030 , as they will facilitate the arrival of millions of tourists. Unlike Oman, which focuses on small-scale nature retreats, Saudi Arabia’s hospitality network will expand to accommodate Expo visitors in regions like NEOM, Jazan, and AlUla . Bahrain ‘s tourism strategy has always centered on weekend tourism from neighboring Gulf states like Saudi Arabia and Kuwait. Unlike Saudi Arabia, Bahrain does not have the capacity or infrastructure to host an event as large as World Expo 2030 . The Expo will further reduce Bahrain’s share of weekend tourists, as many of these visitors from Saudi Arabia will now stay within the Kingdom to experience the world-class exhibitions, entertainment, and attractions associated with the Expo. Saudi Arabia’s strategy of using the Expo as a catalyst for its long-term tourism growth contrasts sharply with Bahrain’s reliance on short-term tourist arrivals. The development of luxury resorts in NEOM, AlUla, and The Red Sea offers an alternative to Bahrain’s hotel and shopping experience, giving tourists more reasons to stay within Saudi Arabia. Saudi Arabia is transforming Gulf tourism and aviation under Vision 2030, surpassing UAE, Qatar, Oman, and Bahrain. As the largest country in the Middle East, it’s leveraging its vast land for mega-projects like NEOM, The Red Sea Project, and Diriyah, supported by a $700B PIF and a $250B budget allocation. The hospitality sector is expanding with 250,000 new hotel rooms, while King Salman International Airport (120M capacity) and Riyadh Air (100+ destinations) are redefining aviation. Hosting the World Expo 2030 will draw 40M visitors, cementing Saudi Arabia’s status as the region’s leader in tourism, hospitality, and aviation. says Mr. Anup Kumar Keshan Editor in Chief of TTW Saudi Arabia is taking a multi-regional approach with the launch of Riyadh Air , enabling direct flight connections to over 100 global destinations . The airline will operate a state-of-the-art fleet consisting of Boeing 787-9 Dreamliners and Airbus A321neo aircraft , allowing it to offer short, medium, and long-haul flights. This approach caters to a wide range of travelers, from business executives to leisure tourists, ensuring maximum passenger reach. Riyadh Air is being strategically positioned to support Saudi Arabia’s growing tourism sector, with direct routes to key tourist hubs like NEOM, The Red Sea, and AlUla . Unlike other Gulf airlines, Riyadh Air’s multi-destination strategy allows tourists to enter Saudi Arabia directly through multiple regions, not just Riyadh. Backed by the Public Investment Fund (PIF) , Riyadh Air’s launch will create thousands of jobs and fuel Saudi Arabia’s mission to attract 150 million visitors annually by 2030. Unlike its Gulf competitors, Riyadh Air’s comprehensive strategy positions it to be a direct competitor to Emirates, Qatar Airways, and Oman Air. UAE is currently the leader in Gulf aviation, with Emirates being one of the most well-known global airlines. Emirates operates out of Dubai International Airport (DXB) and serves more than 150 destinations worldwide. However, Saudi Arabia’s launch of Riyadh Air directly challenges Emirates’ dominance in the region. Unlike Emirates, which is heavily reliant on a single hub (Dubai), Riyadh Air follows a multi-region strategy , operating flights directly into multiple Saudi cities, including Riyadh, Jeddah, and new tourist hotspots like NEOM . This multi-destination approach gives Riyadh Air a clear advantage over Emirates, which must funnel most of its passengers through Dubai. Riyadh Air’s entry into the long-haul flight market is further boosted by its Boeing 787 Dreamliner fleet , which allows for fuel-efficient, non-stop routes to Europe, Asia, and North America . Saudi Arabia’s focus on multi-regional connectivity ensures that travelers have direct access to tourist hotspots like The Red Sea Project and AlUla , unlike the UAE, where most tourism traffic is concentrated in Dubai and Abu Dhabi. Qatar has long dominated the Gulf’s premium aviation space with Qatar Airways , which operates out of Hamad International Airport in Doha. Renowned for its 5-star service and premium cabin experience, Qatar Airways has become one of the world’s most awarded airlines. However, Riyadh Air poses a significant threat to Qatar Airways’ market share. While Qatar Airways operates from a single hub in Doha , Riyadh Air will offer flights to multiple Saudi destinations, creating direct access to Saudi Arabia’s top tourist destinations . Riyadh Air is also set to challenge Qatar Airways in the premium aviation sector , with modern fleets of Boeing 787-9s and Airbus A321neo planes that offer luxurious cabin options for business and first-class passengers. Unlike Qatar Airways, which relies heavily on event-driven tourist demand (like the FIFA World Cup), Riyadh Air is part of Saudi Arabia’s sustained tourism growth model , where the focus is on attracting year-round tourists. By offering connections to major cities in Europe, Asia, and North America , Riyadh Air is expected to draw business travelers and high-end tourists who previously relied on Qatar Airways for long-haul flights. Oman ‘s aviation sector is supported by Oman Air , a relatively smaller carrier that operates regional flights and some medium-haul routes to Asia, Europe, and Africa . Oman Air’s strategy focuses on regional connectivity , but it lacks the capacity, fleet size, and global reach of Riyadh Air . Unlike Oman Air, which serves a niche market, Riyadh Air will serve over 100 destinations worldwide . Riyadh Air’s global connectivity strategy will offer passengers more direct long-haul routes than Oman Air, allowing passengers to avoid stopovers at hubs like Muscat or Doha. The airline’s fleet of Boeing 787 Dreamliners provides ultra-long-haul flight capability , connecting travelers directly to key cities in North America, Europe, and Asia . With the support of Saudi Arabia’s Vision 2030 , Riyadh Air is backed by the full weight of the Public Investment Fund (PIF) , ensuring it can execute large-scale fleet expansion and operational growth at a pace that Oman Air cannot match. The entry of Riyadh Air into the global aviation market is likely to reduce Oman Air’s regional traffic, as travelers who once relied on Oman’s connections to Europe, Asia, and Africa will now have direct access to key global cities via Riyadh Air . Bahrain has relied heavily on its national airline, Gulf Air , to maintain its aviation presence in the Gulf. Gulf Air is a relatively small carrier, operating regional and short-haul flights to parts of Asia, Europe, and Africa . Bahrain’s aviation strategy relies on regional connectivity and layovers , especially for passengers traveling from Kuwait and Saudi Arabia. However, with the launch of Riyadh Air , Bahrain’s role as a layover destination is likely to diminish. Riyadh Air’s entry will allow travelers to fly directly to their destinations , avoiding layovers in Bahrain. Gulf Air’s fleet size and limited route network are no match for Riyadh Air’s planned operations, which will connect travelers to over 100 destinations worldwide . Saudi Arabia’s focus on tourism-driven aviation growth will also attract regional tourists who would have previously flown through Bahrain. The Kingdom’s strategy of providing direct access to NEOM, The Red Sea, and Jazan ensures that regional traffic will no longer need to pass through Bahrain , further reducing Gulf Air’s market share. Unlike Gulf Air, which relies on small aircraft for short-haul flights, Riyadh Air’s use of Boeing 787s and Airbus A321neo aircraft enables it to offer direct long-haul flights to key international markets. Saudi Arabia’s ascent to 3rd place in the international tourism order, surpassing UAE, Qatar, Oman, and Bahrain, is driven by an explosive 61% growth in international arrivals . This remarkable achievement is the result of a well-executed strategy under Vision 2030 , which focuses on large-scale tourism projects like NEOM, The Red Sea Project, and Diriyah . Unlike its Gulf counterparts that rely on event-driven tourism or niche markets, Saudi Arabia’s approach is comprehensive, spanning eco-tourism, cultural heritage, and luxury hospitality. Backed by the $700 billion Public Investment Fund (PIF) and extensive government support, the Kingdom has developed a multi-regional tourism model, ensuring every part of the country benefits from the tourism surge. The diversity of offerings, from ultra-luxury resorts to natural island retreats, gives Saudi Arabia a competitive edge, allowing it to attract tourists year-round, not just during events. Moreover, Saudi Arabia’s aviation sector has played a pivotal role in its tourism dominance. The development of King Salman International Airport and the launch of Riyadh Air have increased global connectivity, allowing tourists to fly directly to new hotspots like NEOM, The Red Sea, and AlUla . This multi-hub approach sets Saudi Arabia apart from Gulf competitors that rely on single major airports. The Kingdom’s successful bid to host the World Expo 2030 further solidifies its position as a global tourism leader. Unlike short-term tourism boosts from events like Qatar’s FIFA World Cup, the six-month-long Expo is expected to attract over 40 million visitors , driving sustained economic growth. Saudi Arabia’s combination of bold investments, diversified tourist attractions, and long-term growth strategies has redefined Gulf tourism, firmly establishing it as a regional powerhouse and a rising global tourism leader.
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