The city of Al-Ahsa in the Kingdom of Saudi Arabia has witnessed a significant boom in the tourism sector over recent years, with millions of visitors and tourists flocking to explore its rich heritage and natural beauty.
The city of Al-Ahsa, located in the eastern region of the Kingdom of Saudi Arabia, is considered one of the oldest cities in the region, and is distinguished by its ancient history and rich culture.
Al-Ahsa enjoyed an important commercial position, as it was a gateway to communication with countries of the world, and a meeting place for diverse civilizations through the port of Al-Uqair, which is considered its most important historical destination. Its land also reveals many archaeological sites, including the Al-Ahsa Oasis, which was included on the UNESCO World Heritage List.
When you visit Al-Ahsa, wonderful secrets will be revealed to you, as its vast desert includes the Ghawar field, the largest oil field in the world, while its farms show you millions of palm trees, as it is classified as the largest palm oases in the world according to the Guinness Book of World Records, in addition to its richness in springs, springs and wells. And farms, whose date production exceeds one and a half million annually.
Al-Ahsa is also home to a number of important and diverse tourist attractions that attract visitors.
One of the most prominent tourist attractions in Al-Ahsa is King Abdullah Environmental Park. This park is considered one of the largest parks in the Eastern Province, and is part of a series of service constructions that Al-Ahsa Municipality seeks to provide for the citizens and visitors of the region.
Al-Qaysariyya Market is the historic market in Al-Ahsa in the middle of the city of Hofuf, which is the main urban center in the Al-Ahsa Oasis.
Over the centuries, Al-Qaysariyya Market has been considered one of the most important private heritage landmarks. Its architectural design mimics the ancient heritage of the people of the Eastern Region, with closed and covered corridors that were distinguished by their height to provide relief to visitors, and to benefit from this for ventilation and natural lighting, which makes walking around the market a nostalgic pleasure for the past.
And a park facing the Al-Ahsa countryside, which is characterized by picturesque views of the Hasawi countryside and contains the largest protected strawberry plantation, “100 thousand strawberry trees.”
To enjoy a unique adventure full of vitality and beauty, there is Al-Hasawi Rose Farm, which has charming rose fields, and discover the secrets of harvesting the famous roses in Al-Ahsa.
The craftsmen’s market, which was designed in the style of Ahsabi architecture, has an area of more than 12 thousand square metres, and the market is located in the center of the historical area of the city of Hofuf.
The most prominent natural landmark in Al-Ahsa is Mount Qara, from the top of which you will see an emerald-colored oasis extending over 160 square kilometers and surrounded by desert sand, and within it are most of the palm trees present in the governorate, whose number is estimated at about three million palm trees. When seeing this amazing view, one discovers how… The villages located near the mountain have been able to sustain life throughout the ages.
Also, the Yellow Lake, which is located in Al-Amran, east of Al-Ahsa, is considered the largest water body in the Gulf region, and it is the only one of its kind in the Kingdom, in which an integrated wildlife lives.
The ancient Ibrahim Palace, Al-Qubba Palace, Al-Kut Palace, or Ibrahim Castle, is a historical palace and one of the monuments of Al-Ahsa in the Eastern Province.
The House of Mullah, also called the House of Allegiance, is one of the present and constant evidences in the heart of Saudi and Al-Ahsa history in particular, and remains an eternal landmark and symbol, archaeologically and culturally.
Al-Ahsa is also home to many cultural and heritage festivals and events that take place throughout the year.
The Kingdom of Saudi Arabia is working to strengthen the tourism sector in Al-Ahsa by developing tourism infrastructure and providing accompanying services, and these efforts aim to attract more visitors and strengthen the local economy.
In conclusion, it can be said that Al-Ahsa is a distinguished tourist destination in the Kingdom of Saudi Arabia, with its rich history, cultural heritage, and natural beauty making it one of the wonderful tourist destinations for visitors.
The continued development and promotion of the city as a tourist destination will contribute to enhancing tourism in Al-Ahsa and attracting more visitors in the future.
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Al Bilad newspaper Al-Ahsa is a historical and cultural tourist destination – 2024-05-04 16:39:09
Berkshire Hathaway’s Strong Performance: A Look at Q1 2024 Earnings Report
Warren Buffett’s Berkshire Hathaway Reports Strong First Quarter Earnings
Warren Buffett, the legendary investor, was seen walking the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024.
Berkshire Hathaway recently announced a significant year-over-year increase in operating earnings for the first quarter, with cash reserves reaching record levels.
Operating Earnings Surge
The conglomerate, led by Warren Buffett, reported a 39% surge in operating profit to $11.22 billion compared to the previous year.
Insurance and Railroad Businesses
The increase in earnings was primarily driven by a remarkable 185% rise in insurance underwriting earnings to $2.598 billion. Additionally, the railroad business generated a profit of $1.14 billion, while the energy division saw its earnings nearly double to $717 million.
Stock Investments and Cash Holdings
Despite a 64% decline in first-quarter net earnings due to fluctuations in stock investments, Berkshire Hathaway’s cash hoard reached a record high of $188.99 billion. This substantial cash reserve reflects Buffett’s challenge in finding suitable acquisition targets.
Share Buybacks and Future Outlook
Berkshire Hathaway also repurchased $2.6 billion in stock during the quarter, signaling confidence in its own value. The company’s annual shareholder meeting, known as “Woodstock for Capitalists,” will provide insights into Buffett’s investment strategies and the overall economic outlook.
Market Performance and Annual Meeting
Year to date, Berkshire Hathaway’s Class A shares have risen by over 11%, reaching an all-time high in late February. The upcoming annual meeting will be the first without Vice Chairman Charlie Munger, who passed away in November.
For comprehensive coverage of this year’s annual meeting, visit CNBC’s live updates.
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Berkshire Hathaway’s Strong Performance: A Look at Q1 2024 Earnings Report
Massive land auctions, warning of ‘virtual fever’ forming
In Binh Dinh, the Provincial People’s Committee approved the auction of 84 plots of land (area from 105-135m2/lot) at the northern residential area project of social housing in Nhon Binh ward with a starting price of 15-21.6 million VND /m2; 23 (area from 140/158 m2/lot) land lots at Binh Tuong Commune Resettlement Area project with starting price of 6.6-10.2 million VND/m2; 15 lots of land (area from 124.5 ÷ 362.5 m2/lot) in Long Van new urban area with starting price of 19.2-25.2 million VND/m2; 9 plots of land in the Resettlement Area serving the project to upgrade and expand National Highway 1D with starting prices of 14-18.6 million VND/m2; 12 plots of land in the Resettlement Area serving the Urban – Commercial Area construction project north of Ha Thanh River at a price of 22-26.4 million VND/m2.
The People’s Committee of Kien Giang province organized an auction of 167 plots in the residential area of Cai Tre canal, Kien Luong district with a starting price of 220 million VND/plot and 43 plots of land in the residential line of sea dyke road through Vinh Quang ward, Rach city. Price.
“This is also considered a factor that can help make the land market more vibrant in the near future,” assessed the Ministry of Construction.
Avoid forming virtual land fevers
The Ministry of Construction also said that in terms of transaction volume in the land segment, in the first quarter of 2024 there will be an increasing trend compared to the fourth quarter of 2023. Accordingly, the amount of land transactions is equal to 119.86% compared to the fourth quarter of 2023 (in the fourth quarter of 2023, there were 81,476 land transactions) and 145.18% compared to the same period in 2023.
Meanwhile, the real estate market report for the first quarter of 2024 and forecast for the second quarter of 2024 of the Vietnam Association of Real Estate Brokers (VARS), assessed many areas with a sudden increase in land transactions, especially plots of land that have been separated.
In particular, more and more investors appear to be “hunting” for land in the suburbs of large cities, localities with strong infrastructure development and high urbanization rates.
Although the successful transaction price decreased by 20-30% compared to the fever peak, it gradually stabilized and showed no signs of further decline. Compared to the fourth quarter of 2023, the price increased by about 5%. Particularly, the market near Hanoi and attached to industrial parks has an increase of 10-20%.
However, VARS also issued a warning to pay close attention to avoid forming “virtual fevers”, posing a risk of loss of safety, while the market is still in the process of recovery.
Ninh Phan
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