Saudi Arabia
Vision 2030 seeks to increase the sporting sector’s contribution to the Kingdom's GDP to $4.8 billion by 2030
Al-Jadaan projected a 4.6 percent growth rate for non-oil GDP in Saudi Arabia in 2025
It features 1678 cabins, 20 entertainment outlets, 29 restaurants and bars, and the highest shopping mall coverage of any cruise line in the world
The approved state general expenditures amount to SAR1.285 trillion ($342.07 billion)
Over the next ten years, the Jeddah Food Cluster is expected to contribute SAR8 billion to national exports and add SAR7 billion to the nation's GDP
The Kingdom ranked 20th globally in the Quality Infrastructure for Sustainable Development Index (QI4SD) 2024
This growth stems from the diverse events and entertainment options that have sparked significant interest
The sector reported several record highs in the last five years, including attracting over SAR1 billion in total revenues and over 75 million event attendees
This influx has driven rental prices up by 19 percent year-on-year
Revenue for the quarter rose 6 percent YoY to $1.86 billion
In 2024, the projected revenue for the GCC region's travel market is estimated to be $8.08 billion
