Saudi Arabia Showcases Tourism Growth at WEF Annual Meeting 2025

KSA, 21 January, 2025 : Minister of Tourism Ahmed Al-Khateeb affirmed Saudi Arabia’s commitment to shaping global dialogue on travel and tourism during its participation in the World Economic Forum (WEF) Annual Meeting 2025 in Davos, Switzerland. He stated that the event offers Saudi Arabia an opportunity to amplify its achievements through collaboration with global leaders, strengthen public-private partnerships, and reinforce its role as an international hub for cooperation.

Al-Khateeb emphasized that tourism is a central focus at this year’s forum, with Saudi Arabia showcasing its achievements under Vision 2030 and the National Transformation Program. The Kingdom aims to become a leading global destination, with a goal of welcoming 150 million tourists annually by 2030. Tourism currently contributes 5% to Saudi Arabia's GDP, with projections to double by 2030.

The minister also highlighted key projects like the Red Sea Project, Diriyah, and Qiddiya, which are driving growth in the tourism sector. He cited the 2023 World Travel & Tourism Council (WTTC) report, showing that global tourism contributed 9.1% to global GDP, a 23.2% increase from the previous year.