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Saudi Tourism Names New CEO As Kingdom Pulls Back On Vision 2030 Spending

Published 2026-09-02

Ageel Alshaibani inherits a goal of drawing 150 million tourists — a tough ask now that the Public Investment Fund is pulling back on the giga projects built to draw them.

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Frequently Asked Questions

Who is the new CEO of Saudi Tourism?

Ageel Alshaibani has been appointed as the new CEO of Saudi Tourism.

What is the goal for tourist numbers in Saudi Arabia?

The goal is to attract 150 million tourists to the Kingdom.

Why is there a challenge in achieving the tourism goal?

The challenge arises as the Public Investment Fund is reducing spending on mega projects aimed at attracting tourists.

What was the Vision 2030 plan?

Vision 2030 was a plan to diversify the economy and promote tourism in Saudi Arabia.