IRHM, Your Global Window into Real Estate and Hospitality

January 2, 2026

economic development

UN Tourism has partnered with UMusic Hospitality & Lifestyle (UMHL) and the Center for Music Ecosystems (CME) to leverage music tourism for job creation and economic growth in high-growth economies. The new Memorandum of Understanding, announced at the UN Tourism General Assembly in Riyadh, aims to position the creative industries as a transformative force through tourism. The collaboration will use the influence of global figures, including newly appointed UN Tourism Ambassador Khabane Lame, to promote music as a viable path to economic mobility.
Saudi Arabia’s Ministry of Municipalities and Housing has issued new regulations for transport rental offices and vehicle shelters across land, sea, and air. The updated standards aim to improve safety, accessibility, and service quality, while opening new investment avenues and enhancing the overall travel and mobility experience.

In Focus

Latest