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Soudah eyes 2 million annual visitors over 3,000 meters above sea level

RIYADH: It has been a busy year for Soudah, after the Kingdom’s Public Investment Fund said that a new firm would turn the mountain destination in the Asir region into a world-class luxury resort. Crown Prince Mohammed bin Salman announced the move on Feb. 24, which will see the Soudah Development Co. spend SR11 billion ($3 billion) to boost tourism in Soudah and parts of
Saudi Arabia General Saudi Arabia Asir Region Ar Riya Saudi Arabian Erijal Almaa

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PIF — driving force behind economic diversification

DUBAI: This was a crunch year for Saudi Arabia’s sovereign wealth body, the Public Investment Fund, as it announced a five-year strategy to push the Kingdom’s diversification drive. It picks up from the body’s first five-year plan launched in 2017, when the Saudi government chose the PIF to “lead the charge in building a national economic transformation.” The fund posted
Saudi Arabia Asir Region United Arab Emirates Red Sea Djibouti General Turqi Al Nowaiser

Saudi Arabia a decade from now

On Jan. 1, 2012, I was living in Kuwait, and my life revolved around oil and OPEC. I didn’t have a plan for the next decade; the only intention I had was to live in Kuwait for a very long time. Moving back to Saudi Arabia wasn’t on my agenda as the country, though wealthy and cheaper than Kuwait, didn’t provide what I needed for a happy life. In 2018, I decided to return to
Saudi Arabia United Arab Emirates Ar Riya Wael Mahdi Soudah Development Red Sea Development Co

15 endangered mountain ibexes released in Soudah

RIYADH: The National Center for Wildlife, in cooperation with Soudah Development, has released 15 endangered mountain ibexes in Soudah as part of a program to enrich the area’s biodiversity. The initiative is in line with the orders of Crown Prince Mohammed bin Salman to meet the targets of the Saudi Green Initiative, including developing the environment and improving
Saudi Arabia Ar Riya Husameddin Al Madani Mohammed Ali Qarban Saudi Green Initiative National Center

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