Wellness tourism – a rising force in ’s Vision 2030

Special Wellness tourism – a rising force in ’s Vision 2030
The global wellness industry is projected to grow to $8.5 trillion by 2027. Shutterstock
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Updated 25 October 2024

Wellness tourism – a rising force in ’s Vision 2030

Wellness tourism – a rising force in ’s Vision 2030

RIYADH: is rapidly positioning itself as a global leader in wellness tourism, a sector that promises significant economic returns while aligning with the Kingdom’s Vision 2030. 

With the market expected to reach $1.1 trillion by 2025, the Kingdom is strategically focusing on this burgeoning industry to diversify its economy and enhance the quality of life for residents and visitors, a report by Red Sea Global highlighted.

The rise of wellness tourism in reflects a broader transformation within the Kingdom as it seeks to establish itself as a premier destination for global travelers seeking health, well-being, and cultural enrichment.

Wellness tourism: A lucrative market

The global wellness industry, currently valued at $5.6 trillion, is projected to grow to $8.5 trillion by 2027. 

This growth is being driven by an increasing global focus on fitness and well-being, particularly in the wake of the COVID-19 pandemic, which has heightened awareness around the importance of physical and mental health. 

Within this expansive market, wellness tourism alone was valued at $436 billion in 2020 and is expected to grow at an annual rate of 21 percent by 2025. 

This rapid growth underscores the significant opportunities that this industry presents for countries such as , which are keen to diversify their economies beyond oil.

The Kingdom is harnessing this growth to drive tourism’s contribution to the national GDP, a key objective under Vision 2030, which aims to increase its share of the economy from 3 percent to 10 percent by the end of the decade.

The Kingdom’s focus on wellness tourism is not just about capitalizing on a lucrative market but also about transforming the overall landscape by offering unique, high-quality experiences that cater to this growing global demand.

Speaking to Arab News, Fahad Mushayt, CEO of the Saudi Tourism Investment Co., also known as ASFAR, emphasized the economic potential of this sector, saying: “International wellness tourists spend, on average, 35 percent more than traditional leisure travelers. This is a market segment that we cannot afford to ignore as we aim to welcome over 150 million visitors by 2030.” 

This higher spending is crucial for driving the Kingdom’s tourism revenues, particularly as it seeks to attract high-spending international visitors who are increasingly looking for destinations that offer more than just relaxation. Travelers are seeking comprehensive wellness experiences that combine physical, mental, and spiritual well-being.

Economic impact and Vision 2030

The substantial investments in wellness tourism are a critical component of Vision 2030, which seeks to reduce the Kingdom's reliance on oil.

The growth of wellness tourism is expected to play a pivotal role in increasing the broader sector’s contribution to non-oil GDP, thus supporting broader reforms that are designed to make the Kingdom more resilient in the face of global economic fluctuations.

Shahbaz Tufail, executive vice president of DAR Engineering, told Arab News: “The ongoing development of new entertainment options, as well as aligning value and service propositions to the international travel palette, clearly demonstrates the intent of Vision 2030.

“To appeal to a broader audience, providers must align with global hospitality and travel trends such as ecotourism, wellness, smart hotels, sustainability, and AI.”

The development of luxury wellness resorts, such as those in Riyadh and the Red Sea region, is a key strategy to attract high-end tourists. 

Riyadh’s visitation targets, for example, are projected to more than double from 13.6 million in 2022 to 27.4 million by 2030, driven by the expansion of wellness-focused hospitality offerings. 

These figures highlight the Kingdom’s ambitious plans to not only increase the number of visitors but also to enhance the quality of their experiences, ensuring that becomes a destination of choice for wellness travelers from around the world.

The focus on this form of tourism is also expected to generate significant employment opportunities, particularly in the hospitality, healthcare, and wellness sectors. 

As the Kingdom continues to develop its wellness tourism infrastructure, it will require a skilled workforce to meet the demands of this growing industry. 

This will not only create jobs but also contribute to the development of a more diverse and knowledge-based economy, in line with the objectives of Vision 2030.




AMAALA is expected to feature nearly 4,000 hotel rooms across 30 hotels, luxury villas, apartments, and estate homes. AMAALA

Meeting global wellness trends

is not only responding to global wellness trends but also setting new benchmarks. 

The growing demand for retreats that focus on mental health, advanced diagnostic services, and culturally immersive wellness experiences is being met with innovative offerings across the Kingdom. 

AMAALA, for instance, integrates traditional healing practices with modern wellness technologies, appealing to travelers seeking authenticity and luxury. 

This combination of tradition and innovation is a key strength of ’s wellness tourism sector, offering visitors unique experiences that cannot be found elsewhere.

AMAALA also offers family-friendly wellness programs, which are becoming increasingly popular as more people look for travel experiences that promote health and well-being for their loved ones as well as themselves. 

Men-specific retreats are also  gaining traction, reflecting a broader shift towards inclusivity in this market. These offerings ensure that remains a competitive destination in the global wellness industry, appealing to diverse demographics and ensuring it becomes a significant driver of the Kingdom’s economic growth.

Strategic developments in wellness tourism

’s commitment to wellness tourism is evident in flagship projects like AMAALA and the Red Sea, developed by Red Sea Global, known as RSG. 

These projects are part of a broader strategy to position the Kingdom as a global leader in luxury and sustainable tourism. 

AMAALA, situated on the northwest coast, is set to become the Kingdom’s premier wellness hub, focusing on luxury and sustainability. 

By 2040, the project aims to deliver a 30 percent net conservation benefit to local ecosystems, showcasing its commitment to environmental stewardship. This commitment to sustainability is a key differentiator for ’s wellness tourism sector, setting it apart from other global destinations.

The economic impact of these projects is significant. With 79 hotels planned across the Red Sea and AMAALA, these destinations are projected to contribute SR33 billion ($8.79 billion) annually to the Kingdom’s economy upon completion. 

Covering a combined area of more than 32,000 sq. km, these projects are not only about luxury but also about sustainability. 

The Red Sea destination is entirely off-grid, powered by 760,000 solar panels, and the project is scheduled for full completion by 2030. 

The scale of these developments reflects the Kingdom’s broader vision to lead in sustainable tourism, setting new benchmarks in environmental responsibility while attracting an international audience.

As the global wellness tourism sector continues to grow, is well-placed to capitalize on this trend, driving economic growth, creating jobs, and enhancing the quality of life for its citizens and visitors alike. 


Thai AirAsia X announces Riyadh-Bangkok direct service to connect capitals

Thai AirAsia X announces Riyadh-Bangkok direct service to connect capitals
Updated 01 October 2025

Thai AirAsia X announces Riyadh-Bangkok direct service to connect capitals

Thai AirAsia X announces Riyadh-Bangkok direct service to connect capitals
  • New service set to begin in December
  • Route will cut journey time, making travel easier for leisure, business

RIYADH: Thai AirAsia X, which operates under a low-cost business model, has announced its first-ever direct flights between Riyadh and Bangkok.

The new route will commence on Dec. 2, with four weekly flights every Tuesday, Thursday, Saturday, and Sunday, reinforcing AirAsia’s strategy of expanding its network into the Middle East.

Thailand’s Ambassador to Darm Boontham congratulated Thai AirAsia X on the move, which will connect the capitals of Thailand and .

Speaking at Thailand’s Embassy on Tuesday, he said: “This route marks a new era of connectivity between the two kingdoms, building bridges for trade, investment, cultural exchange, and personal connections.

“It will strengthen our relationship, fostering friendship and mutual understanding, and open new opportunities for both nations.

“Thai AirAsia X’s expansion to this region is a prime example of how to grasp the immense growth potential the Middle East offers to Thai businesses.”

He thanked ’s Ministry of Foreign Affairs, the General Authority of Civil Aviation, and King Khalid International Airport for their support. 

Thailand ambassador Darm Boontham speaking at press conference at the embassy in Riyadh. (AN photo/Rashid Hassan)

Ahman Mad-Adam, director of the Tourism Authority of Thailand in Dubai, said: “The launch of Thai AirAsia X’s Riyadh-Bangkok service is a milestone that will strengthen tourism and people-to-people ties between Thailand and .

“This direct connectivity makes travel more seamless and opens opportunities for Saudi visitors to explore Thailand’s diverse offerings — from world-class hospitality, shopping, and medical tourism to halal-friendly services and natural attractions.

“With this new route, we are confident will be one of Thailand’s fastest-growing source markets, driving sustainable tourism growth in the years ahead.”

Pattra Boosarawongse, CEO of Thai AirAsia X, said: “The launch of flights between Riyadh and Bangkok is a significant milestone in connecting the people of Thailand and and strengthening ties between the two countries.

“For travelers from Riyadh, this new route gives them access to the best of Bangkok — from its rich culture and cuisine to its shopping and world-class hospitality — as well as connectivity to AirAsia’s extensive network across ASEAN, and Asia. 

Pattra Boosarawongse, CEO of Thai AirAsia X speaking at press conference at Thailand embassy in Riyadh. (AN photo/Rashid Hassan)

“We view Riyadh as a strategic destination that aligns with AirAsia Group’s fleet expansion and network development. This launch will not only serve Thai travelers but also guests from across ASEAN — including Malaysia, Indonesia, and the Philippines — as well as from Japan, who can now conveniently connect to Riyadh through our extensive network.”

She added that the new service will not only serve as a bridge between Riyadh and Bangkok, but also connect the two countries and their cultures.  

For Saudi travelers, Bangkok is a gateway to Thailand’s renowned destinations such as Phuket, Chiang Mai, and Krabi, which are especially popular for leisure and family travel.

In addition, Thailand has long been recognized as a leading destination for medical tourism, with world-class healthcare facilities, while also catering to Muslim travelers with halal-friendly services and diverse lifestyle options.

The new direct route will shorten the journey time between Riyadh and Bangkok to just seven-and-a-half hours, making travel easier and more accessible for both leisure and business purposes.

Saudi nationals will also benefit from Thailand’s e-visa and visa-on-arrival facilities, which simplify entry procedures and enhance convenience for inbound visitors.

Thai AirAsia X operates under a low-cost business model. Guests have the option to purchase additional services according to their preferences, including seat selection, baggage allowance, and hot meals.

The flights will be operated by Thai AirAsia X’s widebody Airbus A330 aircraft, configured with 285 seats, including 30 premium flatbeds and 255 standard economy seats.


Saudi fund leads investors in $55bn buyout of games maker Electronic Arts

Saudi fund leads investors in $55bn buyout of games maker Electronic Arts
Updated 30 September 2025

Saudi fund leads investors in $55bn buyout of games maker Electronic Arts

Saudi fund leads investors in $55bn buyout of games maker Electronic Arts
  • Deal will give larger presence in esports industry, according to analysts
  • Jared Kushner’s Affinity Partners, private equity firm Silver Lake joining consortium to acquire 100% of EA, largest leveraged buyout in history

LONDON: ’s Public Investment Fund is leading a consortium of investors, including Jared Kushner’s Affinity Partners and private equity firm Silver Lake, to acquire Electronic Arts, the popular video game developer, in an unprecedented $55 billion deal.

The buyout will involve a combination of about $36 billion in cash, equity already held by the PIF, and about $20 billion in debt, as announced on Monday, to be financed by JPMorgan.

The deal will give a larger presence in the esports industry, according to analysts. The Kingdom has hosted the Esports World Cup in Riyadh, and the gaming and esports sectors are significant contributors to the PIF’s efforts to diversify the Saudi economy.

EA has been creating popular video games since its establishment in Redwood City, California, in 1991. Some of its well-known titles include EA FC, Battlefield, and Madden NFL. EA FC has sold 325 million copies since its first release in 1993. These games were initially available on PCs and later gained popularity on PlayStation and other consoles in the late 2000s.

The deal will “position EA to accelerate innovation and growth in building the future of entertainment,” the company said.

It is believed to be the largest leveraged buyout in history, where a substantial portion of the purchase is financed through borrowing, according to the BBC.

The PIF, Affinity Partners, and Silver Lake will acquire all publicly traded shares of EA and take the company private. As a result, EA will no longer be listed on any stock exchange.

EA said in a statement to its shareholders: “The transaction represents the largest all-cash sponsor take-private investment in history, with the consortium partnering closely with EA to enable the company to move faster and unlock new opportunities on a global stage.”

The PIF will maintain its current 9.9 percent stake in EA, and the transaction is anticipated to close in the first quarter of 2027. Andrew Wilson, EA’s chairman and CEO, who will remain in his position, said that the deal was a strong acknowledgment of the company’s efforts.

He said: “Looking ahead, we will continue to push the boundaries of entertainment, sports, and technology, unlocking new opportunities.”

Turqi Alnowaiser, deputy governor and head of international investments at the PIF, said the company “is uniquely positioned in the global gaming and esports sectors, building and supporting ecosystems that connect fans, developers, and IP creators.”

He added: “PIF has demonstrated a strong commitment to these sectors, and this partnership will help further drive EA’s long-term growth, while fueling innovation within the industry on a global scale.”

The PIF acquired the gaming division of Niantic in March for $3.5 billion. Saudi companies have also invested in major gaming firms, such as Nintendo and Take-Two Interactive.

Egon Durban, co-CEO at Silver Lake, said that the consortium aimed to accelerate innovation at EA and enhance its international reach.

Jared Kushner, CEO of Affinity Partners, called EA an extraordinary company with a top-notch management team and a bold future vision, adding: “As ​someone ​who ​grew up playing their ​games, and now enjoys them with his ​kids, I couldn’t be ​more ​excited about ​what’s ​ahead.”


set for 4.6% GDP growth in 2026 — pre-budget statement

 set for 4.6% GDP growth in 2026 — pre-budget statement
Updated 30 September 2025

set for 4.6% GDP growth in 2026 — pre-budget statement

 set for 4.6% GDP growth in 2026 — pre-budget statement

RIYADH: is forecasting real GDP growth of 4.6 percent in 2026, supported by an expected increase in the output of non-oil activities.

In the Ministry of Finance’s pre-budget statement, the projection for 2025 was set at 4.4 percent, in light of the sustained performance of the economy in the first half of the year.

The report said the 2025 forecast “is driven by an estimated 5.0 percent increase in non-oil activities, supported by increased domestic demands and improved employment rates, which contribute to increases in both private consumption and investment, while reinforcing the resilience of economic growth.”

The 2026 GDP forecast puts ’s growth rate as exceeding the International Monetary Fund’s 3.1 percent projection for the global economy, and ahead of the IMF’s figures for the USA, China, Japan and the euro area.  

The Ministry of Finance projectes government revenues at SR1.15 trillion ($305.87 billion), expenditures at SR1.13 trillion, and a deficit of SR166 billion for 2026.

In a statement published on the Ministry of Finance’s X account, Finance Minister Mohammed Al-Jaadan said: “ seeks to ensure fiscal sustainability, while supporting growth, by committing to maintaining development and social spending priorities, and ensuring that structural reforms that enhance economic and finanancial efficiency and sustainability are moving forward.”

According to the ministry, the deficit represents a 63 percent increase from 2025 budgeted shortfall, largely attributed to a rise in preliminary expenditure projections by 2 percent compared with the previous year, reflecting higher capital spending, and 3 percent lower revenues than 2025 budget.

These estimates are based on a baseline scenario positioned between low and high and developed to address the challenges and geopolitical risks impacting the global economy.

This deficit, equivalent to 3.3 percent of gross domestic product, is considered expected and is anticipated to persist over the medium term due to ongoing expansionary spending policies.

Starting in 2024, the government deliberately shifted to a voluntary deficit stance as part of its fiscal policy, allowing higher spending to accelerate the rollout of Vision 2030 projects. 

This intentional use of deficit financing was designed to speed up implementation of strategic investments, support diversification, and stimulate private-sector activity, reflecting an expansionary approach that prioritizes long-term growth over short-term fiscal balance. 

The deficit is a policy choice to front-load spending on transformative projects that are expected to generate high future returns.

As the non-oil economy — led by tourism, entertainment, logistics, and technology — becomes the main engine of growth, these investments are positioned to pay back by expanding revenues and reducing reliance on oil over the medium term.

The statement also highlighted how “the positive performance of the domestic economy” has driven improvements in labor market indicators, with the Saudi unemployment rate falling to 6.8 percent in the second quarter of 2025, thereby achieving the Saudi Vision 2030 objective.

The Ministry of Finance forecast a “relatively stable” average Consumer Price Index of approximately 2.3 percent for 2025, adding “inflation is expected to remain at acceptable levels over the medium term, due to the government’s proactive measures and policies.”


Jeddah Historic District partners with Google to launch AI-powered cultural tours

Jeddah Historic District partners with Google to launch AI-powered cultural tours
Updated 30 September 2025

Jeddah Historic District partners with Google to launch AI-powered cultural tours

Jeddah Historic District partners with Google to launch AI-powered cultural tours

RIYADH: Jeddah Historic District has partnered with Google Arts & Culture to launch ’s first AI-powered digital tours, offering immersive virtual experiences of the city’s cultural heritage. 

Announced during the Cultural Investment Conference in Riyadh, the initiative aims to digitally map and showcase Jeddah’s historical landmarks using artificial intelligence, providing virtual experiences accessible to audiences worldwide. 

The project supports the Kingdom’s Vision 2030 goals to use advanced technologies in cultural preservation and tourism, while highlighting Google’s role in ’s digital transformation. 

Charbel Sarkis, country director at Google , said: “Google Arts & Culture provides the digital infrastructure and the distribution network, in addition to the technological innovation that the cultural sector needs to remain vibrant and relevant as we move forward.”   

He added: “Google has been a proud partner of ’s bold digital transformation. All our efforts and investments have been geared towards empowering individuals, businesses and communities.”  

As part of the collaboration, the Explore Historic Jeddah platform will offer an immersive digital experience that brings the city's cultural legacy to life. 

The initiative will feature more than 30 stories detailing Jeddah’s historical significance, restoration projects, and its designation as a UNESCO World Heritage site. 

Users can explore over 15 Street View captures of key landmarks — including traditional houses, mosques, and pathways — and access more than 10 AI-powered walking tours. 

The platform will also include a Virtual Pocket Gallery showcasing archival photos and regeneration efforts, along with interactive features such as “Puzzle Party” to engage broader audiences. 

Through the Google Arts & Culture platform — a nonprofit initiative partnering with over 3,000 cultural institutions globally — the collaboration will provide free digital infrastructure and advanced digitization tools to preserve and showcase Jeddah’s cultural assets. 

“Being part of this incredible transformation of under Vision 2030 is just so inspiring,” Sarkis said.  

He emphasized that Google’s support for ’s economic and digital ecosystem spans more than a decade, including local initiatives like the 2011 Google Forum in and the launch of the Google Cloud region in Dammam in 2023.   

“Since 2018, Google has trained more than 590,000 individuals on digital skills,” Sarkis added, highlighting the company’s ongoing investment in human capital development and local partnerships.   

He also pointed to the broader economic impact of Google’s operations in the Kingdom. “Last year, a report by Public First assessed Google’s economic contribution to the Kingdom north of SR30 billion,” Sarkis said. “The power of marrying technology and local partnership is just magical.” 


Riyadh’s Cultural Investment Conference shows how Saudi creativity is turning into big business

Riyadh’s Cultural Investment Conference shows how Saudi creativity is turning into big business
Updated 30 September 2025

Riyadh’s Cultural Investment Conference shows how Saudi creativity is turning into big business

Riyadh’s Cultural Investment Conference shows how Saudi creativity is turning into big business

RIYADH: showcased the rising weight of its cultural economy this week as global leaders, investors and creatives convened for the inaugural Cultural Investment Conference.

The two-day event, held Monday and Tuesday in Riyadh, highlighted how the Kingdom is positioning culture as both an engine of growth and a source of national pride under Vision 2030.

For Tarak Ben Ammar, chairman of Eagle Pictures, the significance was clear.

“First of all, it’s a historical moment. There is no cultural investment conference in any country in the world that has ever happened. So mixing culture and investment was a very smart vision by Prince Badr, His Excellency, His Highness. And also because is now the leading country with its young population. Remember, five years ago there were no cinemas in .” he said.

Ben Ammar, who has more than five decades experience in the film industry, said he has witnessed the transformation of the sector in the Kingdom.

“The speed at which this young nation with a young population and their young leaders … it shows you where you’re going as a country. And if I can contribute and assist and help, as I would put [as] the elderly uncle to this country that I’ve known for 52 years I’ve been coming here. I am now a Saudi resident. So I speak like a Saudi citizen, and I’m very proud of that,” he said.

He pointed to the Red Sea Film Festival and new content funds, noting his partnership with Sony and Empire to bring global titles and Arab filmmakers to Saudi audiences. “You have a population of 38 million, 70 percent under 30, 700 theaters, freedom opened by His Royal Highness the Crown Prince, and the financial resources. Those combinations will help raise young people to write, direct and tell their stories,” he said.

Andreas Gorgen, former Secretary General of Germany’s Federal Ministry of Culture and Media, said should design its own path. 

“I think really the first lesson is don’t adopt a model — neither a French, neither an American, neither a German. Develop your own, but have a careful look at what the others are doing and learn from their experiences, but also, and more importantly, learn from the errors,” he said.

Andreas Gorgen. AN

Gorgen added that culture delivers more than financial returns. “Something very important in culture is to overcome social, racial, international divides and that needs investment into cultural infrastructure, which will never bring a return in financial in the final instance, but a return on investment in social cohesion,” he said.

Gorgen rejected framing culture as soft power. “I’m not a friend of that concept of saying ‘it’s a soft power.’ The real idea of arts is to give access to humanity. Humanity is a code … it’s not a power question, it’s a question of becoming a human being,” he said. 

At the same time, he underlined the importance of branding. “In order to play your role internationally, you have to develop your brand and you have to overcome the tensions. So investing into international cooperation projects is very important for a country to become a brand, to display what it is doing, and also to give opportunities for the next generation,” Gorgen added.

’s speed of change was another advantage. “You don’t have 150 years of traditions to respect in cultural financing and in developing cultural sectors. So your advantage is you go to the blossoming sectors in the 21st century,” Görgen said.

Princess Nourah Al-Faisal, founder of Adhlal and Nuun Jewels, said the conference confirmed official backing for the creative economy. “First of all, I’m very happy to be here and events like today are really important. Our focus has always been on the development of the creative economy. We believe absolutely that [for] diversification into different fields, the tool by which you do that is creativity,” she said.

She noted the government’s readiness to collaborate. “This type of event showcases … that the government is ahead of the curve as usual. They understand the potential. They understand what is needed to develop. And not only have they done that, but they’re making announcements today on how they’re going to do that moving forward,” she said.

Princess Nourah Al-Faisal. AN

Adhlal is now working with universities to prepare students for careers. “We’re really trying to upskill the students so that when they come out and they graduate, they already have the skills needed to enter into the market, whether it’s internships, mentorship, things like that. Also, working with universities on special certifications, on extra diploma courses, anything that we can do to make them ready for the future, future entrepreneurs, future industries, that at the moment is our focus,” she said.

She emphasized impact, stating that targets are always focused on how many jobs are created, how sustainable the businesses are that they work with, and how much Adhlal is giving back to the community. 

“We will always, always be an entity that is focused on sustainability, focused on positive impact,” she said.

Sultan Ghaznawi, chairman and managing director of Scene Holding, highlighted the private sector’s role in growing the cultural sphere in the Kingdom.

“The Cultural Investment Conference has set the scene for building a cultural destination for Saudis and non-Saudis, for investors who are interested in investing in the sector.  We have invested more than SR850 million ($227 million) in the cultural scene and our trajectory is to go and acquire more companies in the culture in order to consolidate the market and make a player that can truly fulfill the demands, the requirements of the Kingdom of ,” he said.

He added that Saudi growth will be linked to global events. “The Kingdom is now on a trajectory that will enable cultural assets to deliver projects for everything from the World Cup, from the Expo, and it requires companies and private sector players to play a role that will hopefully deliver these projects to attract the demand that we expect to come to ,” he said.

For Lor Albrighi, co-CEO and founder of SPIN, technology is central to cultural change. 

“Technology is kind of the underlying infrastructure that can enable transformation at scale worldwide. What we’re trying to do is really build the physical and digital infrastructure, to build something that can actually connect the physical world to the digital world. And using Web3 technologies like blockchain and AI and 3D twins,” he said.

Lor Albrighi, co-CEO and founder of SPIN. AN

He pointed to the EU’s Digital Product Passport as an example. “Any brand in the world that is selling a textile based product … will have to be connecting every piece to a QR code or NFC chip, which the customer can actually tap on the phone, interact and get all the information of authenticity, traceability, sustainability and also ownership,” he said.

Over two days in Riyadh, the Cultural Investment Conference showed how culture in is evolving from heritage and identity into an investable sector. For participants, the message was that the Kingdom has the youth, infrastructure and financial power to transform creativity into big business.