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Saudi Arabia Showcases Strategic Tourism at IHIF Asia

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Saudi Arabia is rapidly establishing itself as a global leader in tourism, with the Kingdom’s remarkable achievements in 2023 setting a new benchmark for the industry. This progress was on full display at the IHIF Asia International Hospitality Investment Forum in Hong Kong, where the Saudi Ministry of Tourism highlighted the vast potential for international investors to capitalize on the Kingdom’s rapidly expanding and diverse tourism sector.

Saudi Arabia’s strategic location at the crossroads of three continents and its strong economic ties with Asia underscore its potential as a global tourism hub. In 2023, the Kingdom welcomed over 20.9 million tourists from Asia, who collectively spent $25.7 billion. This significant influx highlights the increasing confidence Asian markets have in Saudi Arabia’s tourism potential and the lucrative opportunities it presents for investors. The Kingdom’s appeal to Asian travelers is further evidenced by the substantial growth in tourism receipts, reflecting the strong demand for Saudi Arabia as a diverse and culturally rich destination.

To capitalize on this momentum, the Kingdom has introduced the Tourism Investment Enablers Program (TIEP), with the Hospitality Investment Enablers (HIE) initiative serving as a cornerstone. HIE is designed to significantly boost accommodation capacity in key tourism areas, driving private investments up to $ 11 billion and increasing the annual GDP by $4.3 billion by 2030. The initiative also aims to create 120,000 new jobs, supporting Saudi Arabia’s broader economic diversification goals. Key incentives include corporate tax exemptions, VAT reductions, and access to government-owned land under favorable terms, making it easier and more cost-effective for investors to enter the market.

A highlight of Saudi Arabia’s participation at IHIF Asia was the panel discussion titled “Invest, Enable, Prosper: Empowering Tourism Destinations.” This fireside chat, led by Mr. Tareq Al-Shaghrood, General Manager of Investment Planning & Attraction at the Saudi Ministry of Tourism, explored the Kingdom’s strategic approach to developing a world-class, diverse tourism ecosystem. “Saudi Arabia’s commitment to creating a wide array of tourism experiences—from cultural heritage and adventure tourism to luxury and eco-tourism—is underpinned by a robust framework of incentives and support for investors. Our vision is to enable and empower those who join us in this transformative journey, ensuring prosperity for all stakeholders,” Al-Shaghrood stated.

Saudi Arabia’s international tourism performance in 2023 was impressive, ranking 14th globally in international arrivals—an improvement of 11 positions since 2019. The Kingdom also ranked 12th globally in international tourism receipts, moving up 15 positions compared to 2019. According to the UN Tourism Barometer (May 2024), Saudi Arabia ranked first among the best-performing large tourism destinations in terms of the growth rate of international arrivals and tourism receipts compared to pre-pandemic levels.

As Saudi Arabia continues its ascent as a leading tourism destination, the Kingdom invites investors worldwide to seize the opportunity to be part of this extraordinary transformation. With its robust infrastructure, strategic location, and unwavering commitment to sustainable growth, Saudi Arabia offers unmatched prospects for those looking to invest in a rapidly evolving and highly rewarding market.

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New roads, schools and flood systems coming to Abu Dhabi

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Abu Dhabi Investment Office and Abu Dhabi Projects and Infrastructure Centre have announced a massive new wave of infrastructure projects worth Dh55 billion across Abu Dhabi.

The projects, scheduled across 2026 and 2027, will introduce new roads, schools, healthcare centres, flood control systems and community facilities as the capital continues its rapid expansion.

Dh35 billion allocated to roads and transport

The biggest share of the investment is going into transport infrastructure, with around Dh35 billion earmarked for 11 major road developments.

Plans include:

  • More than 300km of new roads
  • Upgrades to tunnels and intersections
  • Expanded traffic networks across the emirate
  • Improved connectivity to key residential and commercial areas

For residents navigating heavy traffic around areas such as Yas Island and central Abu Dhabi, the upgrades are expected to ease congestion and improve travel times.

New schools, healthcare and sports facilities planned

The remaining Dh9 billion will focus on social infrastructure projects aimed at improving daily life for residents.

The plans include:

  • New schools and universities
  • Specialised healthcare centres
  • Sports and recreational facilities
  • Community-focused infrastructure developments

Officials said several earlier public-private partnership projects in Abu Dhabi, including Zayed City Schools and the emirate’s LED road lighting programme, have already received regional industry recognition.

Flood control and drainage systems upgrade

Another Dh11 billion will be invested into water infrastructure projects, including:

  • Stormwater drainage systems
  • Flood prevention networks
  • Water storage facilities
  • New dams and flood control infrastructure

The move comes after severe weather and flooding events across the UAE over the past year pushed drainage and climate resilience higher up the national agenda.

The latest announcement signals Abu Dhabi’s continued push to modernise infrastructure, support population growth and strengthen quality of life across the emirate.

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Crime

UAE residents warned over fake ‘guaranteed’ Hajj packages

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Dubai Police has warned residents to stay alert against fake Hajj and Umrah campaigns circulating online ahead of the pilgrimage season.

The force’s Anti-Fraud Centre issued the warning as part of its ongoing ‘Be Aware of Fraud’ campaign, following a rise in fraudulent social media advertisements and fake travel offers targeting worshippers planning to perform Hajj or Umrah.

Fake offers and ‘guaranteed’ visas

According to Dubai Police, scammers are promoting fake pilgrimage packages through websites and social media platforms using:

  • Deeply discounted prices
  • Fake ‘guaranteed’ Hajj bookings
  • False promises of urgent visas and permits
  • Professional-looking websites and copied company logos

Victims are often asked to transfer advance payments to secure bookings, only for the fraudsters to disappear without providing any legitimate service.

Authorities said these types of scams typically increase in the weeks leading up to Hajj and Umrah, as residents search online for affordable travel deals and last-minute packages.

Fraudsters reportedly create fake accounts impersonating legitimate travel agencies and licensed operators to make their offers appear genuine.

Dubai Police urge residents to verify operators

Dubai Police stressed the importance of booking only through officially licensed and approved Hajj and Umrah operators authorised by the relevant authorities.

Residents are also warned against sharing personal or banking information with unknown entities online, regardless of how attractive the offers may seem.

Safety tips for residents

  • Verify the travel agency’s licence and registration
  • Avoid deals that seem unusually cheap
  • Do not transfer money to personal bank accounts
  • Double-check websites and social media pages
  • Use official channels for Hajj and Umrah bookings

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Business

New UAE civil law changes age of majority to 18

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The UAE will introduce a major update to its civil legal system from June 1, with a new law officially lowering the age of majority from 21 to 18.

The changes come under Federal Decree-Law No. 25 of 2025, which introduces updates across areas including legal capacity, contracts, guardianship and civil transactions.

Published in the Official Gazette in October 2025, the law is designed to strengthen individual legal rights while maintaining safeguards against exploitation and abuse.

What changes from June 1?

Under the new law, individuals in the UAE will gain full legal capacity at 18 years old instead of 21.

This means 18-year-olds will legally be able to:

  • Manage financial and legal affairs independently
  • Sign contracts and civil agreements
  • Open and operate bank accounts
  • Conduct commercial activities

New rules for minors managing assets

Another significant update could allow minors as young as 15 to manage inherited or personal assets with court approval.

However, this would still require strict judicial supervision and specific safeguards before approval is granted.

If implemented, the change would give younger individuals limited financial autonomy while keeping court oversight in place.

The update reflects broader legal and social shifts already taking place across the UAE. The country recently lowered the minimum driving age to 17, while commercial laws already allow individuals to engage in business activities from the age of 18.

Many banks in the UAE already allow 18-year-olds to independently open and manage accounts, while existing commercial laws permit them to engage in business activities.

The new legislation reflects how young adults today are taking on greater responsibilities earlier, whether through higher education, employment, entrepreneurship or managing their own financial affairs.

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