#WhereInTheWorld campaign announcing the opening of Saudi Arabia to global tourism

first_imgNew website VisitSaudi.com The government of the kingdom, due to falling oil prices, hopes that tourism will contribute up to 2030 percent of gross domestic product by 10, compared to the current 3 percent. They expect to attract up to 2030 million tourist visits a year by 100, both domestic and foreign. Is Saudi Arabia looking for its place under the global tourist sun? Who would visit Saudi Arabia when the country is known for torturing women’s rights and human rights activists in general, public executions, where there are no tourist visas… were just some of the open questions. In 2017, Saudi Arabia announced a multibillion-dollar project that would turn 50 Red Sea islands into luxury resorts. #WhereInTheWorld is the name of an online campaign that has attracted a lot of attention on the global tourism scene. The kingdom is opening its doors to tourists to reduce the economy’s dependence on oil. And all within the vision Saudi Vision 2030. But soon, tapping just two weeks later, Saudi Arabia showed off its maps and for the first time offered foreign tourists tourist visas to visit the kingdom (visitors will be able to stay for up to 90 days). Saudi Arabia’s tourism officials announced a new visa program for citizens of 49 countries, including Croatia, followed by a Twitter campaign called #WelcomeToArabia as well as a modern website dedicated to the promotion of tourism in the Kingdom. The financial power of tourism has been recognized even by Saudi Arabia, which did not have tourist visas until “yesterday”, but times are changing. Now Saudi Arabia is also entering a global struggle for every guest, all as part of preparing the future of its economy after the oil era. Obviously, as Saudi Arabia opens up more and more to the modern world, even last year Saudi Arabia ceased to be the only country in the world where women are banned from driving, and we can soon expect the lifting of various restrictions, at least for tourists. position and open to global tourists. Saudi Vision 2030 is an economic vision of the Kingdom’s development to reduce Saudi Arabia’s dependence on oil, to diversify its economy through the development of public service sectors such as health, education, infrastructure, recreation and tourism. The goals include strengthening economic and investment activities, increasing trade in the oil industry between countries in goods and consumer goods, which was presented in 2016 by the Crown Prince Mohammad bin Salman In the promotional video, they skillfully play with shots and well-known symbols of other world destinations, ie their similarities, but with communication This is not Maldives, Utah, The Caribbean, Italy, Australia etc.… make it clear that these are not the mentioned destinations but one destination. The video ends with the slogan #WhereInTheWorld. The video was released as a kind of teaser in early September, and although the promotional film does not show which destination it is, with a little research it is clear that Saudi Arabia is behind the whole story. Where in the world could this be?Be the first to visit an exciting, new destination. Get ready to see the unseen.#whereintheworldhttps://t.co/z5JYaylT5i pic.twitter.com/6HwfrVrctC- Visit Saudi (@visit_saudi) September 14, 2019last_img read more

​Companies’ climate reporting still patchy, says Norway’s SWF

first_img“As an investor in more than 9,000 companies in more than 70 countries, we need to be able to quantify and analyse the risks facing the fund,”  they stated, adding that they would continue to support initiatives to develop global standards for this reporting.NBIM would also continue working to develop analytical tools for climate scenarios, and expand and improve its internal analytical models for different climate outcomes by integrating more detailed company-specific data, they said.This included financial data, emissions data, concrete targets for carbon reductions, and exposure to regional carbon-pricing mechanisms, Olsen and Grande wrote.NBIM would also look at how it could develop ways of analysing physical climate risks facing companies in the equity portfolio, they said.Regarding real estate, they said work on assessing physical risks would remain crucial.“We plan to expand our flood risk analyses based on historical data with forward-looking scenario analyses,” they said, adding that NBIM would also continue supporting a joint initiative to develop methods of analysing the expected decarbonisation of the real estate market.“The results of this work will be relevant for assessing transition risks for the fund’s real estate portfolio,” the two leaders wrote. The manager of Norway’s NOK10.3tn (€1tn) sovereign wealth fund says data on companies’ carbon emissions and climate risks are “critical” for its portfolio analysis, but the quality of corporate reporting remains inconsistent.In a letter to the Norwegian Finance Ministry giving an account of their organisation’s work on climate risk relating to the Government Pension Fund Global (GPFG), the leaders of Norges Bank Investment Management (NBIM) said: “There are numerous useful initiatives currently underway to improve and standardise company reporting, but there are still variations in the frequency and quality of corporate disclosure.”The letter – signed by Øystein Olsen, chair of the central bank Norges Bank, and Trond Grande, NBIM’s deputy chief executive officer – was in response to a request from the ministry made at the end of June to review and describe its work on climate risk.Access to relevant, high-quality information on companies’ carbon emissions and how their operations might be affected by climate risk – both physical and transition risks – was critical for NBIM’s analysis of climate risk in the portfolio, they wrote.last_img read more

Marshalltown reschedules Dale DeFrance Memorial to July 9

first_img“With inclement weather on the way and drivers coming from a long distance, we needed to make the call early,” explained promoter Toby Kruse. “We will have information to follow regarding the make-up date as it becomes ready.” MARSHALLTOWN, Iowa (June 9) – Wet weather will be the winner tonight at Marshalltown Speedway and the result is the postponement of the Dale DeFrance Memorial to Thursday, July 9.  The 500th and final Summer Series event for IMCA Late Models will be part of that program, with other divisions to be announced. The Speed Shift TV Dirt Knights Tour for IMCA Modifieds event will not be rescheduled to that evening. last_img read more