Saudi bid for Expo 2030 ‘an investment in the future of our citizens, residents and visitors,’ RCRC chief tells Davos

Head of RCRC speaking with award-winning broadcaster Emma Crosby at a special fireside chat at the CNBC pavilion on the Davos promenade on the sidelines of the World Economic Forum’s Annual Meeting. (Twitter)
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Updated 20 January 2023
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Saudi bid for Expo 2030 ‘an investment in the future of our citizens, residents and visitors,’ RCRC chief tells Davos

  • The Kingdom has already earned significant support for its bid from more than 60 countries and organizations 
  • More than 30 million people expected in Riyadh and 1 billion eyed for virtual interaction on metaverse

DAVOS: Saudi Arabia’s bid for Expo 2030 was not a one-off investment but rather one “in the future of our citizens, residents, and visitors,” the head of the Royal Commission for Riyadh City, Fahd Al-Rasheed, said.

“We’re thinking about the legacy of the site itself and how it can be used. It cannot be just built and then everybody packs their bags and leaves. It has to be used beyond us.

“So, we’re thinking about the design of the buildings, and we have that in this site masterplan in a way that we can use them for the future of work, the future of education, and reskilling,” he added.

Speaking with award-winning broadcaster Emma Crosby at a special fireside chat at the CNBC pavilion on the Davos promenade on the sidelines of the World Economic Forum’s Annual Meeting, Al-Rasheed noted that the Expo 2030 infrastructure would come naturally given the work already being done regarding Crown Prince Mohammed bin Salman’s Vision 2030.

His vision, however, for the Expo was not solely in the look and feel of the site, but in its legacy.

He said: “Our legacy from Expo 2030 is not going to be a building. It has to be mass engagement, and at a scale never seen before.

“It is literally the largest event in the world, and so what we committed to is the following; not only are we going to get 30, 40 million people to the site, which is fantastic, it’s a record. We’re going to get 1 billion people to interact with it on the metaverse and we are now translating that vision into reality.”




The Saudi Arabia Pavilion stands tall at Dubai Expo 2022, which drew 26 million visitors over six months. (Dubai Expo 2020)

The virtual Expo would cater for those unable to fly to Riyadh, but the RCRC’s chief executive officer pointed out that it would be more than just a virtual tour.

“You’d give 1 billion people the opportunity to actually come and see it, and that would be the first win. The second win is they would actually come in and do something experiential about water use and energy use, learn something and apply it in their home. That will get you mass impact.

“And third, maybe even transact, do a job virtually, or meet somebody or a company, get an investment, et cetera. So again, it has to be useful to everybody for it to be used,” Al-Rasheed added.

He said: “You have to have a great site, great mobility, which we are doing already now. And the metro will connect to the site. The site is just south of the airport. So, it’s basically the gateway into the city of Riyadh. And we are going to have 140,000 rooms and hotel rooms by then anyway. And so, the Expo will come in naturally.”

Saudi Arabia is no stranger to hosting millions of visitors, given that it is home to the Two Holy Mosques which bring in millions of pilgrims every year for Hajj in Makkah.

 

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However, that is not to say that creating such a complex site will come cheap. A whopping $8 billion of investment from the Kingdom will be going into making the plans become a reality.

“It’s a very large investment. We believe that this investment is totally justified. We have a return-on-investment target as well for it. We have a socio-economic target on jobs created both during the Expo and before and after.

“So, the government of Saudi Arabia doesn’t just put money into buildings and infrastructure and white elephants. We actually want a return on investment out of everything that we do,” Al-Rasheed added.

On the Expo’s theme, The Foresight of Tomorrow, he said: “It means that we have to take responsibility for our future, whether we are countries, companies, or individuals.

“We have to project the next two, three decades and look at the opportunities that it’s going to avail, and the challenges, and tackle them. We need to stare them right in the face.”

Within this theme lies three subthemes: A Different Tomorrow, Climate Action, and Prosperity for All.

To paint a picture of the first sub theme, Al-Rasheed gave the example of how robotics could reformat a 200-employee factory into one that only needed three employees.

“The plant is more productive, but what happens to 197 employees that you just basically moved out of a job? You have to think about reskilling. So, by confronting the problem, I immediately thought about what I need to do in order to manage from a socio-economic perspective.

“You have the same thing on the second subtheme, which is climate action. What do we need to do? Not just as countries meeting and suits, et cetera, talking about what the future would look like, but what do I as an individual contribute? How do I use water differently, energy differently? What is my role?”

And on the third subtheme, he added: “How can we provide opportunity for everyone? They may not take it, but we have to provide it.”

The capital has already begun working on climate action and sustainability, with more than $70 billion invested in such projects.

Al-Rasheed said: “We said we cannot announce a strategy of hypergrowth without having a sustainability commitment. So, last year we actually announced the real sustainability strategy.

“We love our environment, we love our city, and we have a commitment to the world. So, we will change all our systems, we will change all our plans. We will make 30 percent of our cars, electric vehicles by 2030 and 50 percent renewable energy sources by 2030.”

The fireside chat was attended by numerous WEF delegates, business executives, journalists, and investors.

Saudi Arabia submitted its bid for the World Expo 2030 in October last year, in a letter sent by Crown Prince Mohammed bin Salman to the Bureau International des Expositions, the international organizing body for the global event since 1931. 

The Kingdom has already earned significant support for its bid from more than 60 countries and organizations around the world, including China, France, Turkiye, Greece, Armenia, Cuba, dozens of other African nations, and the Organization of Islamic Cooperation. 

The Kingdom 's capital is competing against Busan in South Korea, Rome in Italy, and Odesa in Ukraine for Expo 2030, with a ballot to be held by the BIE in November 2023, on the principle of one country, one vote.


Saudi leadership approves over SR3bn of Ramadan aid disbursement

Updated 18 March 2025
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Saudi leadership approves over SR3bn of Ramadan aid disbursement

  • Initiative part of government’s efforts to improve quality of life, enhance standard of living

RIYADH: The Saudi leadership has approved the disbursement of over SR3 billion ($800 million) to social security beneficiaries as part of an aid initiative during the holy month of Ramadan.

Under the leadership of King Salman and Crown Prince Mohammed bin Salman, the scheme will address the needs of beneficiary families and fulfill their requirements during Ramadan, the Saudi Press Agency reported.

Over SR3 billion will be given as follows: each breadwinner will receive SR1,000, and each dependent in the household will receive SR500. The funds will be deposited directly into the bank accounts of the beneficiaries on Tuesday, March 18, the SPA said.

Saudi Minister of Human Resources and Social Development Ahmad bin Sulaiman Al-Rajhi expressed gratitude to the Saudi leadership for helping to provide citizens with a decent livelihood.

The initiative is part of the Saudi government’s efforts to improve the quality of life and enhance the standard of living for social security beneficiaries, especially during Ramadan, the SPA added.


Nearly 11m iftar meals served at Two Holy Mosques during first half of Ramadan

Updated 18 March 2025
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Nearly 11m iftar meals served at Two Holy Mosques during first half of Ramadan

  • Number iftar meals provided during Ramadan to has increased this year due to growth in the number of Umrah pilgrims at Grand Mosque and Prophet’s Mosque, officials say

MAKKAH: Saudi authorities provided almost 11 million iftar meals to Umrah pilgrims and other worshippers at the Two Holy Mosques in Makkah and Madina during the first half of Ramadan.

The General Authority for the Affairs of the Grand Mosque and the Prophet’s Mosque said on Monday, the 17th day of Ramadan, it has provided 10,822,999 iftar meals and 10,290,000 packets of dates so far during the holy month, which is a time of worship for Muslims during which they fast from sunrise to sunset.

The authority said the number of iftar meals it provides during Ramadan to pilgrims performing Umrah, and other visitors to the mosques, has increased this year due to growth in the number of pilgrims, the Saudi Press Agency reported. The food is served in designated iftar areas at the mosques, in adherence with strict health standards to ensure the safety of worshippers, it added.

In the run-up to the holy month, the authority introduced an online service through which individuals, charitable organizations and endowments could submit requests to donate iftar meals at the Grand Mosque, the SPA added.


Palestinian, Egyptian envoys awarded with King Abdulaziz Sash of the Second Class

Palestinian and Egyptian ambassadors to Saudi Arabia are awarded with the King Abdulaziz Sash of the Second Class on Monday. SPA
Updated 17 March 2025
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Palestinian, Egyptian envoys awarded with King Abdulaziz Sash of the Second Class

  • Basem Al-Agha and Ahmed Farouk Tawfiq were given the awards for their efforts to strengthen relations between their countries and the Kingdom

RIYADH: The Palestinian and Egyptian ambassadors to Saudi Arabia were awarded with the King Abdulaziz Sash of the Second Class on Monday. 

Basem Al-Agha and Ahmed Farouk Tawfiq were given the awards for their efforts to strengthen relations between their countries and the Kingdom, Saudi Press Agency reported.

Saudi Deputy Foreign Minister Waleed Al-Khuraiji awarded the sashes on the directive of King Salman, SPA added. 


Saudi Culinary Arts Academy receives full institutional accreditation

Updated 17 March 2025
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Saudi Culinary Arts Academy receives full institutional accreditation

  • The accreditation follows an agreement signed on March 10 between the academy and the Education and Training Evaluation Commission

RIYADH: The Saudi Culinary Arts Academy (ZADC) was awarded a full institutional accreditation certificate on Sunday, with the support of Prince Saud bin Nayef bin Abdulaziz Al-Saud, Governor of the Eastern Province.

The recognition was granted during the inauguration ceremony of the academy’s new building on March 16.

The accreditation follows an agreement signed on March 10 between the academy and the Education and Training Evaluation Commission to implement institutional accreditation processes.

The achievement underscored ZADC’s commitment to maintaining the highest standards of quality and excellence in culinary education and training.

By equipping national talents with specialized skills, the academy aims to contribute to the growth of Saudi Arabia’s tourism and hospitality sector.

The achievement also aligns with the broader efforts of the Education and Training Evaluation Commission to ensure quality and excellence in education and training institutions across the Kingdom.


Saudi Foreign Ministry hosts Iftar reception for diplomats and international organizations

Updated 17 March 2025
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Saudi Foreign Ministry hosts Iftar reception for diplomats and international organizations

  • Several senior ministry officials attended

RIYADH: Under the patronage of Saudi Foreign Minister Prince Faisal bin Farhan and in the presence of Deputy Foreign Minister Waleed Al-Khuraiji, the Foreign Ministry hosted a gathering of the heads of diplomatic missions, regional offices, and international organizations accredited to the Kingdom to mark the holy month of Ramadan.

The ministry hosted an iftar reception at its headquarters in Riyadh, and those attending, which included several senior ministry officials, exchanged Ramadan greetings and engaged in cordial discussions, enhancing communication with diplomatic missions in the Kingdom, the Saudi Press Agency reported.