The giant developmental projects of the Red Sea, Qiddiya and NEOM will enhance the position of the Kingdom of Saudi Arabia on the world tourism map, according to the chief executives of these projects.

In statements following the meeting of Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, in New York on Wednesday with more than 40 executives of a host of world conglomerates, the chief executive officer (CEO) of the Red Sea project John Pagano said the project described the meeting as fruitful and beneficial.

The CEO of Qiddiya project reaffirmed the keenness of the project's administration to achieve distinguished outcomes for citizens.

CEO of NEOM Klaus Kleinfeld said the the project aims to make it the best place in the world for living and work.

Crown Prince Muhammad Bin Salman, deputy premier, minister of defense and Chairman of the Board of Directors of the Public Investment Fund (PIF), met with over 40 executives from major US international companies.

During the meeting, he discussed three major development projects in the Kingdom, NEOM, Red Sea and Qiddiya, citing the importance of these projects and their contributions to improving the future of the Kingdom and the region as a whole in terms of economic impact and social welfare, stressing the Kingdom's commitment to environmental sustainability as an integral part of efforts in this context.

SAGIA Grants 13 Investment Licenses for US Companies

In conjunction with the state visit paid by Crown Prince Muhammad to the US, the Saudi Arabian General Investment Authority (SAGIA) has granted investment licenses to 13 US companies on the fringes of the Saudi-US CEO Forum 2018 in New York, SPA reported Wednesday.

SOURCE : SAUDI GAZETTE