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Gulf Arab Region

Curtailed hajj compounds Saudi economic woes

Vacant religious sites. Abandoned pilgrim tents. Lifeless hotels. A stunning emptiness -- and fears of economic ruin -- haunt the usually bustling city of Mecca after Saudi authorities curtailed the hajj pilgrimage over coronavirus. Islam's holiest city usually hosts millions of pilgrims...

S.Arabia to limit Hajj to pilgrims living in kingdom

Saudi Arabia this year will limit the annual Hajj pilgrimage to people living inside the country due to the COVID-19 pandemic, shutting the doors to pilgrims from abroad. Only a limited number of people from all nationalities living in Saudi Arabia will be allowed to perform the annual...

Saudi Arabia to launch $4 billion tourism development fund

 Saudi Arabia plans to start a tourism development fund with an initial capital investment of $4 billion, the ministry of tourism said on Sunday. The Tourism Development Fund will launch equity and debt investment vehicles to develop the tourism sector in collaboration with private and...