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Soudah Peaks
Soudah Peaks () is a planned mountain tourism destination project in Al Soudah, Soudah, Asir, Asir Province, Saudi Arabia. Soudah Peaks project is developed by Soudah Development Company (SDC), one of the companies founded by the Saudi Public Investment Fund. The $7.7 billion project was officially announced by Crown Prince of Saudi Arabia, Crown Prince Mohammed bin Salman in September 2023. It spans a total area of 627 km2 with an elevation of 3,015 m above sea level on Saudi Arabia's highest peak. As part of Saudi Vision 2030, Saudi Arabia's Vision 2030 to diversify the Economy of Saudi Arabia, Saudi economy away from oil, SDC says that the project will create contribute more than $7.8 billion to Saudi Arabia's national Gross domestic product, GDP by the year 2033, in addition to creating thousands of jobs. The project aims to attract 2 million annual visitors by the year 2033. Background Soudah Peaks was launched on 25 September 2023 by Crown Prince of Saudi Arabia, Crown Pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Soudah
Soudah (Arabic: ٱلسّوْدَة) is a mountainous area in the Asir Province of Saudi Arabia. At 3,015 metres (9,893 ft) above sea level, it includes Saudi Arabia’s highest peak, Jabal Soudah. The area is known for its dense juniper tree covered mountains. Climate The climate of Soudah is moderate throughout the year with temperatures rarely exceeding 25 °C (77 °F) in the summer and not rising to more than 15 °C (59 °F) in the winter. Due to Soudah's altitude, the climate is around 10 °C (18 °F) cooler than the rest of Saudi Arabia. Overall, the area enjoys a cool variation of semi-arid climate (BSk) that borders a regionally rare warm-summer Mediterranean climate (Csb) due to the presence of a brief yet unnoticeable wet season that lasts from February to April. Tourism The town is a tourist center, and has a cable car to the top of the mountain. Some people in the area claim to have seen snow fall in more than one season per year. On 25 September 2023, Saudi Cro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tourism
Tourism is travel for pleasure, and the Commerce, commercial activity of providing and supporting such travel. World Tourism Organization, UN Tourism defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure and not less than 24 hours, business and other purposes". Tourism can be Domestic tourism, domestic (within the traveller's own country) or International tourism, international. International tourism has both incoming and outgoing implications on a country's balance of payments. Between the second half of 2008 and the end of 2009, tourism numbers declined due to a severe Economy, economic slowdown (see Great Recession) and the outbreak of the 2009 2009 flu pandemic, H1N1 influenza virus. These numbers, however, recovered until the COVID-19 pandemic put an abrupt end to th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jabal Soudah
Jabal Soudah ( ', ) is a peak in the Soudah mountains in Saudi Arabia. Jabal Soudah is officially recognized by the Saudi authorities as the highest point in Saudi Arabia, with an elevation of . The village of Al-Soudah is located nearby. The town is a tourist centre and has a cable car to the top of the mountain. Climate Soudah Peaks On 25 September 2023, Saudi Crown Prince Mohammed Bin Salman announced Soudah Peaks Project. Al Soudah Peaks is a luxury mountain tourism destination 3,015 meters above sea level. The project is part of Saudi Vision 2030 and is expected to contribute $7.732 billion to Saudi's GDP and generate thousands of jobs. The project aims to attract 2 million tourists throughout the year by 2033. See also * Geology of Saudi Arabia * Geography of Saudi Arabia * List of elevation extremes by country The following sortable table lists land surface elevation extremes by country or dependent territory. Topographic elevation is the vertical distan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neom
Neom (styled NEOM; , ) is an arcology and planned city being built by Saudi Arabia in Tabuk Province. Launched in 2017 by crown prince Mohammad bin Salman, the site is at the northern tip of the Red Sea, due east of Egypt across the Gulf of Aqaba and south of Jordan. The total planned area of Neom is . Multiple regions are planned, including a floating industrial complex, global trade hub, tourist resorts, and a linear city powered by renewable energy sources. Saudi Arabia claimed that NEOM would create around 460,000 jobs and add an estimated $48 billion to the country's GDP. Thousands of people have been forcibly moved to make way for the project and villages have been razed. Much of the city is hoped to be completed by 2030, with the up coming Saudi VISION 2030 around the corner. though some experts have expressed skepticism about the ambitions of the megaproject. The project's estimated costs exceed $8.8 trillion (more than 25 times the annual Saudi budget). On 29 J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rijal Almaa
Rijal Almaa or Rijal Almaa () is a village located in the Asir province, Saudi Arabia. It is about west of Abha, in the southwest of Saudi Arabia. The village is more than 900 years old. The village had an ideal location through which it linked the people coming from Yemen and the Levant through the Holy City of Mecca and Medina. As a result, it became a regional trade center. Rijal Almaa contains around 60 multi-story buildings made of stone, clay and wood. The village has historical significance as it has a number of long and old fortresses. As the village is open for visitors, people can reach the place through a number of ways including Sawda center, Aqabat Sama, Muhayil Asir and Hobail. Description The village includes several buildings, which consist of several floors, some reaching eight floors, they were made of stones and they also have colored wooden windows. They also contain inscriptions that appear on the interior walls of rooms. The art used in these inscription ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Vision 2030
Saudi Vision 2030 (, sometimes called Project 2030) is a government program launched by Saudi Arabia which aims to achieve the goal of increased diversification economically, socially, and culturally, in line with the vision of Saudi crown prince and prime minister Mohammed bin Salman. It was first announced on 25 April 2016 by the Saudi government. The Council of Ministers has tasked the Council of Economic and Development Affairs (CEDA) with identifying and monitoring the mechanisms and measures crucial for the implementation of "Saudi Arabia's Vision 2030". Despite efforts to reduce Saudi dependence on oil, , Saudi Arabia remains heavily dependent on oil revenue, as measured by its contribution to gross domestic product (GDP), fiscal revenue, and exports. Oil accounted for approximately 40% of Saudi GDP and 75% of its fiscal revenue. Additionally, the program is facing strong criticism from human rights advocates, with allegedly over 21,000 workers having died on the job ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Saudi Arabia
The economy of Saudi Arabia is highly reliant on its petroleum sector. Oil accounts for approximately 30% of Saudi GDP and 55% of government revenue, with substantial fluctuations depending on oil prices each year. The kingdom has the second-largest proven petroleum reserves, and the fourth-largest measured natural gas reserves. Saudi Arabia is currently the largest exporter of petroleum in the world. Other major parts of the economy include refining and chemical manufacturing from the oil reserves, much of which is vertically integrated in the state-owned enterprise, Saudi Aramco. Saudi Arabia is a permanent and founding member of OPEC. In 2016, the Saudi government launched its Saudi Vision 2030 program to reduce its dependency on oil and diversify its economic resources. By 2022, Saudi Arabia had only modestly reduced its dependence on oil. Monetary policy in Saudi Arabia is anchored by the fixed exchange rate of the Saudi Riyal to the U.S. Dollar. Nearly every maj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Vision 2030
Saudi Vision 2030 (, sometimes called Project 2030) is a government program launched by Saudi Arabia which aims to achieve the goal of increased diversification economically, socially, and culturally, in line with the vision of Saudi crown prince and prime minister Mohammed bin Salman. It was first announced on 25 April 2016 by the Saudi government. The Council of Ministers has tasked the Council of Economic and Development Affairs (CEDA) with identifying and monitoring the mechanisms and measures crucial for the implementation of "Saudi Arabia's Vision 2030". Despite efforts to reduce Saudi dependence on oil, , Saudi Arabia remains heavily dependent on oil revenue, as measured by its contribution to gross domestic product (GDP), fiscal revenue, and exports. Oil accounted for approximately 40% of Saudi GDP and 75% of its fiscal revenue. Additionally, the program is facing strong criticism from human rights advocates, with allegedly over 21,000 workers having died on the job ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soudah Development Company
Soudah Development Company (SDC; ) is a real estate development company based in Riyadh, Saudi Arabia. The company was founded in February 2021 by Crown Prince Mohammed bin Salman as part of Saudi Vision 2030. SDC is owned by the Public Investment Fund. The company is responsible for the development of the luxury mountain tourism destination of Soudah Peaks. History SDC was officially launched by Mohammed bin Salman in February 24, 2021, as part of Saudi Vision 2030 plan to diversify the Saudi Economy away from oil. Projects Soudah Peaks In September 2023, Soudah Development Company launched Soudah Peaks, a mountain tourism destination built on Jabal Soudah, Saudi Arabia's highest peak at a height of 3,015 m. The project consists of 6 different regions, including Rijal Almaa Heritage Village. See also * List of Saudi Vision 2030 Projects * Jabal Soudah * Al Balad Development Company * Jeddah Central Development Company * Al-Ula Development Company Al-Ula Development ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
