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Tourism investment in the kingdom of Saudi Arabia between reality and hope in the vision of 2030 - a statistical study

Author: 
Ezdinisihem, Jawahar Ateeq Abdullah Al-Otaibi and Asrar Khalaf Mnawer Almutairi
Subject Area: 
Social Sciences and Humanities
Abstract: 

Tourism is one of the most important sectors of investment which contribute to raising the gross national product, so developed countries seek to develop this sector. The study aims clarifying the vision of 2030 and highlighting the tourism investment of the Kingdom because of its geographic position and cultural, natural and Islamic resources. It also highlights the most important aspects of tourism investment in the Kingdom, including the services facilities offered to encourage investors as well as employment opportunities, and other activities with an integrated plan to maintain safety, and other aspects that enable tourism investment. The Kingdom of Saudi Arabia is one of the countries that seek developing tourism because of its components. As a result of this endeavor, 2030 was reached to develop and improve the current tourism in the Kingdom and also investment tourism projects linking the two countries of Egypt and Jordan which will contribute creating development and a positive result for three countries. The study confirms the positive effects of tourism investment on national income on the three countries (Saudi Arabia, Egypt and Jordan) between the period (2007-2018). The study also confirmed the positive impact of tourism investments development as a result of the increase in the number of tourists. The study emphasizes the importance of activating tourism projects, including the Neom project, which links together the three countries studied. The study recommended the importance of spreading tourism awareness about the advantages of tourism in the Kingdom, the importance of knowledge to feasibility study to avoid risks in projects, and providing qualified staff related to tourism guidance to guide tourists and expatriates. The study recommends also the management and improvement of services to facilitate services to investors encouraging them to the investment.

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EDITORIAL BOARD

Dr. Swamy KRM
India
Dr. Abdul Hannan A.M.S
Saudi Arabia.
Luai Farhan Zghair
Iraq
Hasan Ali Abed Al-Zu’bi
Jordanian
Fredrick OJIJA
Tanzanian
Firuza M. Tursunkhodjaeva
Uzbekistan
Faraz Ahmed Farooqi
Saudi Arabia
Eric Randy Reyes Politud
Philippines
Elsadig Gasoom FadelAlla Elbashir
Sudan
Eapen, Asha Sarah
United State
Dr.Arun Kumar A
India
Dr. Zafar Iqbal
Pakistan
Dr. SHAHERA S.PATEL
India
Dr. Ruchika Khanna
India
Dr. Recep TAS
Turkey
Dr. Rasha Ali Eldeeb
Egypt
Dr. Pralhad Kanhaiyalal Rahangdale
India
DR. PATRICK D. CERNA
Philippines
Dr. Nicolas Padilla- Raygoza
Mexico
Dr. Mustafa Y. G. Younis
Libiya
Dr. Muhammad shoaib Ahmedani
Saudi Arabia
DR. MUHAMMAD ISMAIL MOHMAND
United State
DR. MAHESH SHIVAJI CHAVAN
India
DR. M. ARUNA
India
Dr. Lim Gee Nee
Malaysia
Dr. Jatinder Pal Singh Chawla
India
DR. IRAM BOKHARI
Pakistan
Dr. FARHAT NAZ RAHMAN
Pakistan
Dr. Devendra kumar Gupta
India
Dr. ASHWANI KUMAR DUBEY
India
Dr. Ali Seidi
Iran
Dr. Achmad Choerudin
Indonesia
Dr Ashok Kumar Verma
India
Thi Mong Diep NGUYEN
France
Dr. Muhammad Akram
Pakistan
Dr. Imran Azad
Oman
Dr. Meenakshi Malik
India
Aseel Hadi Hamzah
Iraq
Anam Bhatti
Malaysia
Md. Amir Hossain
Bangladesh
Ahmet İPEKÇİ
Turkey
Mirzadi Gohari
Iran