Saudi Arabia is attempting one of the most ambitious economic transformations in the world, hoping to use tourism to reduce its reliance on oil and reshape its global image. Under Vision 2030, Crown Prince Mohammed bin Salman has backed massive investments in luxury resorts, cultural destinations, airlines, and infrastructure. Tourism Minister Ahmed Al-Khateeb, Red Sea Global CEO John Pagano, and Royal Commission for AlUla CEO Abeer AlAkel explain how projects like the Red Sea resorts and AlUla aim to attract tens of millions of visitors. Steven Cook of the Council on Foreign Relations discusses how foreign capital, global competition, and social change impact the Kingdom’s push to become a major leisure destination.
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance:
Visit for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X:
Facebook:
Instagram:
Connect with Bloomberg Business on:
X:
Facebook:
Instagram:
TikTok:
Reddit:
LinkedIn:
More from Bloomberg:
Bloomberg Radio:
Bloomberg Surveillance:
Bloomberg Politics:
Bloomberg Originals:
Watch more on YouTube:
Bloomberg Technology:
Bloomberg Originals:
Bloomberg Quicktake:
Bloomberg Espanol:
Bloomberg Podcasts:
|
About Yahoo Finance: Yahoo Finance prov...
Yahoo Finance Senior Columnist Kerry Han...
Former New York Fed President Bill Dudle...
Big banks delivered earnings this week. ...
Nasa has started moving its Artemis II r...
Subscribe here: For more news, analysi...
Subscribe here: For more news, analysi...
This week, former New York Fed President...
Former New York Fed President Bill Dudle...
While Ford warns of a shortage of mechan...
NASA started rolled out of Artemis II to...
Saudi Arabia is attempting one of the mo...
Subscribe here: For more news, analysi...
Trump wants to ban Wall Street investors...