With the implementation of the “Gulf Schengen” initiative, we are witnessing a new chapter in the tourism sector of the Gulf Cooperation Council (GCC) countries. According to the World Tourism Organization’s figures, this innovative step aims to attract around 43 million tourists.
🔅 Economic and Investment Impact:
This initiative is not just an enhancement of the tourist and visitor experience; it represents a significant boost to the economy and a massive investment opportunity, particularly in Saudi Arabia, which topped the list of Arab countries in attracting tourists, with 18 million visitors in 2022.
🔅 Opportunities for the Hospitality and Logistics Sectors:
With this development, we expect significant growth in the hospitality and logistics sectors in Saudi Arabia. There will be an increased demand for advanced logistics services and luxury hospitality, opening doors to more opportunities and expansion in these sectors.
🔅 Enhancing Mobility Across the Council States:
The “Unified Schengen” will facilitate the movement of tourists between the council states, enhancing the role of tourism as a key driver of economic growth in the region.
🔅 A Look into the Future:
This step promises a bright future for the tourism sector in the GCC countries and underscores the importance of regional cooperation in achieving growth and prosperity.
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