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Reinforcing its reputation as a rising business and tourism hub, Riyadh has been named the sixth fastest developing travel destination in the world in the Mastercard Global Destinations Cities Index.

With a compound annual growth rate of 16.45 percent, the Saudi capital is one of four cities from Middle East and Africa to find a place in top 20 with at least one million overnight visitors during this year, along with Abu Dhabi and Dubai.

Riyadh was also listed as the second most popular location in the region, with the destination projected to register 4.59 million visitors by year-end.

“Riyadh has consistently clocked high growth rates in international visitor arrivals over the past many years,” pinpointed Raghav Prasad, general manager, Gulf countries, Mastercard.