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Saudi Arabia is the second biggest tourist destination in the Middle East with over 16 million visiting in 2017. [1] Although most tourism in Saudi Arabia still largely involves religious pilgrimages, there is growth in the leisure tourism sector. As the tourism sector has been largely boosted lately, the sector is expected to a significant ...
The Citizen's Account Program in Saudi Arabia is a cash transfer program that started in December 2017. The program is adopted and implemented by The Ministry of Labor and Social Development. [1] Through the programme, citizens in Saudi Arabia get monthly payments from the state.
Sheikh Rashid bin Saeed Al Maktoum, ruler of Dubai from 1958 till 1990, realised one day Dubai would run out of oil and started building an economy that would outlast it. [8] Sheikh Rashid, together with Sheikh Zayed, was the instrumental leaders of leading the country's tourism, having made a joint declaration for the founding of the Emirates. [9]
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In 2018, the country topped the list for the fourth year in a row with a total spend of $30.82 billion, a 3.8% increase over 2017 ($29.70 billion). The average spend per day was $553. [16] In 2019, Dubai attracted a total of 16.73 million tourists, which was an increase of 5.09% on the previous year.
Recent research amassed by The Motley Fool Ascent found that as of 2023, Americans spent an average of $2,120 per month on housing, or $25,436 per year. That's a 5% increase from 2022.
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Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.