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The global industry leaders left Saudi capital Riyadh after attending the biggest-ever World Travel & Tourism Council (WTTC) summit last night with a renewed sense of optimism and shared future goals for a successful future for travel and tourism sector.
Saudi Arabia hosted 55 Government Ministers, 250 CEOs and 60 ambassadors who were among nearly 3000 delegates from 140 countries.
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In 2017, the Trump Administration proposed the creation of a multilateral Middle East Strategic Alliance (MESA) with its Arab partners to deepen relations with the countries in the region. So far, little progress has been made on realizing MESA. Centuries’ old mistrust between regional countries, a lack of common threat assessment, and the ongoing Gulf dispute between Qatar and Saudi Arabia, the United Arab Emirates (UAE), and other countries have prevented real progress. The idea of forming a MESA is worth trying. Even with setbacks, the U.S.
RIYADH: Saudi Minister of Finance discussed downside risks to the global economic outlook and highlighted the importance of international cooperation to support global economic recovery. Mohammed Al-Jadaan said Saudi Arabia is continually supporting countries and people in need, highlighting a recent $10m support package for Ukrainian refugees in neighboring countries. He made