• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

New York City women are making up to $30,000 per month by renting out their closets to strangers

2

College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind

3

An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948

1

New York City women are making up to $30,000 per month by renting out their closets to strangers

2

College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind

3

An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
Middle EastFortune Global Forum

Saudi Arabia wants to become a tourist hot spot and is building 300,000 new hotel rooms to get there

Angelica Ang
By
Angelica Ang
Angelica Ang
Writer
Down Arrow Button Icon
Angelica Ang
By
Angelica Ang
Angelica Ang
Writer
Down Arrow Button Icon
October 30, 2025, 12:25 PM ET
H.E. Ahmed Al Khateeb, Minister of Tourism of the Kingdom of Saudi Arabia, speaking at the Fortune Global Forum on  Oct. 26.
H.E. Ahmed Al Khateeb, Minister of Tourism of the Kingdom of Saudi Arabia, speaking at the Fortune Global Forum on Oct. 26. Iman Al-dabbagh for Fortune
Add Fortune on Google for similar content.

After years of relying heavily on its oil and gas industries, Saudi Arabia now wants to become a tourist destination. The Middle Eastern country, which had a GDP of $1.4 trillion in 2024, opened its doors to international leisure tourists in 2019, after years of only allowing travel for business, religious or family purposes.

Recommended Video

“We are unlocking the value of this great country. We have a lot to offer to the world,” Saudi Arabia’s first tourism minister H.E. Ahmed Al Khateeb said at the Fortune Global Forum in Riyadh. “We want travelers to come and experience the Saudi hospitality, enjoy our coffee and food, and learn about Arabian culture.”

Al Khateeb pitched tourism as a way “to open new jobs—for youth, for women—and to diversify our economy and make it more sustainable.”

Saudi Arabia outlined its development goals in a government program called Saudi Vision 2030. Announced in 2016, the policy seeks to diversify Saudi Arabia’s economy, society and culture, in line with the vision from Crown Prince Mohammed bin Salman. 

The country reported a record 116 million tourists in 2024, up from 80 million in 2019. Saudi Arabia now hopes to attract 150 million visitors annually by 2030. Al Khateeb noted that around half of the country’s visitors come for religious purposes—like those completing the hajj pilgrimage—and said he expected the proportion to drop further. 

Saudi Arabia also plans to host large-scale events like the 2029 Asian Winter Games, the 2034 FIFA World Cup. The country will also host the United Nations Tourism General Assembly for the first time later this year. 

Al Khateeb noted that the country needed “additional airplanes and air carriers,” and so established Riyadh Air in 2023. The minister added that the gulf nation is also building new airports, such as the King Salman International Airport, which will serve commuters flying into Riyadh and add over 300,000 new hotel rooms by 2030.

Delta Air Lines is launching non-stop flights between Atlanta, Ga., and Riyadh beginning October 2026, in what will be the first-ever direct flights between the U.S. and Saudi Arabia. “It’ll start slow, but I believe it’s going to gain popularity,” Delta CEO Ed Bastian said on Monday at the Global Forum. 

On Oct. 26, Riyadh Air also started its first-ever daily flights between Riyadh and London, though seats are currently limited to employees and select guests. 

Despite the massive buildout, Al Khateeb assured the crowd that protecting the natural environment remains a foremost concern of Saudi Arabia’s government.

“Sustainability is very important for any country. Therefore, we have been preserving all our destinations, whether the mountains in the south or the beautiful islands in the Red Sea,” he said.

The minister cited the country’s 2021 launch of the Sustainable Tourism Global Center—a multi-country initiative to accelerate the tourism industry’s transition to net-zero emissions—as an example of its commitment to green development.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
Angelica Ang
By Angelica AngWriter

Angelica Ang is a Singapore-based journalist who covers the Asia-Pacific region.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Middle East

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Middle East

Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse
Middle EastOil
Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse
By Jason MaJuly 26, 2026
1 day ago
Ukraine’s attack on an Iranian ship in the Caspian Sea could signal a new battlefront as U.S. seeks to form ‘a ring of economic and military pressure’
Middle EastIran
Ukraine’s attack on an Iranian ship in the Caspian Sea could signal a new battlefront as U.S. seeks to form ‘a ring of economic and military pressure’
By Jason MaJuly 26, 2026
1 day ago
Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of air strikes amid talks for potential Hormuz deal
Middle EastIran
Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of air strikes amid talks for potential Hormuz deal
By Jason MaJuly 25, 2026
2 days ago
Money talks—as the Iran war continues, options for the Strait of Hormuz are coalescing around one solution— tolls
Middle EastShipping
Money talks—as the Iran war continues, options for the Strait of Hormuz are coalescing around one solution— tolls
By Melissa HancockJuly 21, 2026
7 days ago
Shipping transits slow to a trickle as Strait of Hormuz faces “worst-case scenario” 
NewslettersFortune Gulf Brief
Shipping transits slow to a trickle as Strait of Hormuz faces “worst-case scenario” 
By Melissa HancockJuly 21, 2026
7 days ago
Markets brace for return to all-out war in Iran amid rising U.S. death toll, while former NATO commander warns Suez Canal could be next
Middle EastIran
Markets brace for return to all-out war in Iran amid rising U.S. death toll, while former NATO commander warns Suez Canal could be next
By Jason MaJuly 19, 2026
8 days ago

Most Popular

New York City women are making up to $30,000 per month by renting out their closets to strangers
Retail
New York City women are making up to $30,000 per month by renting out their closets to strangers
By Sarah GlodekJuly 27, 2026
18 hours ago
College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind
Economy
College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind
By Mia OsmonbekovJuly 26, 2026
2 days ago
An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
Success
An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
By Orianna Rosa RoyleJuly 25, 2026
3 days ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
3 days ago
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
9 hours ago
I've been teaching college students for decades. Most of them can no longer finish a book
Commentary
I've been teaching college students for decades. Most of them can no longer finish a book
By Austin SaratJuly 26, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.