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Business, Tourism

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Riyadh’s WTTC Summit to oversee signing of 50 deals

The joint committee and business council of the two countries can significantly boosts economic relations between Saudi Arabia and Algeria. (WAM)
By TRENDS Desk
November 29, 2022 8:42 pm
  • The minister evaluated the deals to be worth $50 billion, local media reports said.
  • Also, the event comprises over 3,000 participants, 57 ministers of tourism and travel

RIYADH, SAUDI ARABIA – Fifty deals and agreements are expected to be signed in the World Travel and Tourism Council (WTTC) Global Summit in Riyadh, Saudi Minister of Tourism, Ahmed Al Khateeb said.

The minister evaluated the deals to be worth $50 billion, local media reports said.

The agreements include state- and company-level deals, Al Khateeb added during the summit scheduled to be organized between Nov. 28-Dec. 1.

Also, the event comprises over 3,000 participants, 57 ministers of tourism and travel, amongst other industry-related officials.

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INSEAD Day 4- 300x600
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