Saudi cruise displays pristine sites, economic ambitions

Sailing past pristine islands and turquoise lagoons, the first cruise ship offering Saudi tours serves a twin purpose — jump-starting tourism despite coronavirus fears and showcasing austerity-defying megaprojects planned along the Red Sea.In August, the cruise liner Silver Spirit began offering tours along the unspoilt coastline which the petro-state aspires to turn into a global tourism and investment hotspot as part of a plan to reduce reliance on oil revenue.Chartered by a company owned by the Saudi Public Investment Fund, the luxury ship offers a window into multi-billion-dollar “giga pr…

Read More

HEDGE accordingly