{"id":12255,"date":"2026-01-23T10:03:28","date_gmt":"2026-01-23T08:03:28","guid":{"rendered":"https:\/\/sahfy.net\/news\/?p=12255"},"modified":"2026-01-23T10:03:28","modified_gmt":"2026-01-23T08:03:28","slug":"saudi-tourism-minister-at-davos-via-forbes-middle-east-hub-tourism-is-a-key-driver-of-saudi-arabias-economic-transformation","status":"publish","type":"post","link":"https:\/\/sahfy.net\/news\/?p=12255&lang=en","title":{"rendered":"Saudi Tourism Minister at Davos via Forbes Middle East HUB: Tourism Is a Key Driver of Saudi Arabia\u2019s Economic Transformation"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Forbes Middle East hosted H.E. <\/span><b>Ahmed Al-Khateeb<\/b><span style=\"font-weight: 400\">, Minister of Tourism of the Kingdom of Saudi Arabia, as part of the <\/span><b>Forbes Middle East HUB<\/b><span style=\"font-weight: 400\"> at Davos, held on the sidelines of the <\/span><b>World Economic Forum Annual Meeting 2026<\/b><span style=\"font-weight: 400\"> in Davos, Switzerland.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The discussion focused on tourism as a strategic engine for economic growth, Saudi Arabia\u2019s expanding role in shaping the global tourism agenda, and the importance of advancing international dialogue on sustainable growth, connectivity, and economic resilience amid ongoing global economic shifts.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Al-Khateeb said that Saudi Arabia has become a major global player in the tourism sector, noting that tourism now contributes approximately <\/span><b>5% of the Kingdom\u2019s GDP<\/b><span style=\"font-weight: 400\"> and accounts for nearly <\/span><b>5% of total employment<\/b><span style=\"font-weight: 400\">, compared to just <\/span><b>3% of the economy prior to the launch of Saudi Vision 2030<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">He explained that tourism is one of the key drivers of economic diversification and resilience in Saudi Arabia, highlighting that the sector has created <\/span><b>250,000 new jobs over the past five years alone<\/b><span style=\"font-weight: 400\">. Globally, he said, tourism contributes around <\/span><b>10% of global GDP<\/b><span style=\"font-weight: 400\"> and supports approximately <\/span><b>357 million jobs worldwide<\/b><span style=\"font-weight: 400\">, including nearly <\/span><b>one million jobs in Saudi Arabia<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Saudi Tourism Minister also noted that the Kingdom is today the <\/span><b>largest single investor in global tourism<\/b><span style=\"font-weight: 400\">, with investments exceeding <\/span><b>$400 billion<\/b><span style=\"font-weight: 400\"> dedicated to developing new tourism destinations, expanding aviation and airport infrastructure, and increasing hotel capacity from <\/span><b>550,000 rooms currently to between 600,000 and 650,000 rooms in the coming years<\/b><span style=\"font-weight: 400\">. These efforts form part of Saudi Arabia\u2019s preparations to host major global events, including <\/span><b>Expo 2030<\/b><span style=\"font-weight: 400\"> and the <\/span><b>2034 FIFA World Cup<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The interview, conducted by <\/span><b>Mark Evans<\/b><span style=\"font-weight: 400\">, also addressed the importance of integrating all elements of the tourism ecosystem and investing in national talent. Al-Khateeb emphasized that technology and artificial intelligence are enablers of the sector, not substitutes for human capital.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The conversation took place as part of the <\/span><b>Forbes Middle East HUB<\/b><span style=\"font-weight: 400\"> at Davos, which features exclusive interviews and high-level discussions with regional and global leaders, policymakers, and representatives of key economic sectors.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Forbes Middle East Platform at Davos is a strategic initiative aimed at supporting global dialogue across specialized economic fields by providing an independent space to explore perspectives and insights from ministers, CEOs, decision-makers, and innovators from around the world.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Through this initiative, Forbes Middle East seeks to strengthen its role in spotlighting global ideas and investments, discussing innovation and opportunities for international partnerships, and highlighting the contributions of regional countries to global economic transformation\u2014particularly in sustainability, digital transformation, and sustainable growth financing. The platform also addresses critical issues including AI governance, the smart economy, the future of energy, cybersecurity, and innovation in healthcare.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes Middle East hosted H.E. Ahmed Al-Khateeb, Minister of Tourism of the Kingdom of Saudi Arabia, as part of the Forbes Middle East HUB at Davos, held on the sidelines of the World Economic Forum Annual Meeting 2026 in Davos, Switzerland.\u00a0 The discussion focused on tourism as a strategic engine for economic growth, Saudi Arabia\u2019s [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":12256,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[91,39,168,19,130,43,87,15,3714],"tags":[32081,9932,698,10730,22788,32087,2808,32079,24564,220,22482,32083,16344,9332,32085,2336,10718,32077,3228],"class_list":["post-12255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arab-countries-en","category-business-economy-en","category-country","category-events-en","category-featured-en","category-finance-investment-en","category-gcc-en","category-press-releases","category-saudi","tag-ahmed-al-khateeb","tag-davos","tag-dubai","tag-economic-transformation","tag-expo-2030","tag-fifa-world-cup-2034","tag-forbes-middle-east","tag-forbes-middle-east-hub","tag-job-creation","tag-saudi-arabia","tag-saudi-economy","tag-saudi-tourism-minister","tag-switzerland","tag-tourism","tag-tourism-investment","tag-united-arab-emirates","tag-vision-2030","tag-wef-2026","tag-world-economic-forum"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Saudi Tourism Minister at Davos via Forbes Middle East HUB: Tourism Is a Key Driver of Saudi Arabia\u2019s Economic Transformation - sahfy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sahfy.net\/news\/?p=12255&lang=en\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Tourism Minister at Davos via Forbes Middle East HUB: Tourism Is a Key Driver of Saudi Arabia\u2019s Economic Transformation - sahfy\" \/>\n<meta property=\"og:description\" content=\"Forbes Middle East hosted H.E. 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