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  • October 1, 2018

    GCC Travel & Tourism: Build it but will they come?

    As a part of their economic diversification strategy, Gulf countries have been increasingly focussing on the expansion of service sectors such as tourism, business, logistics and financial services. The huge stock of fiscal and foreign reserves  in the Arabian Gulf favoured the development of the tourism industry as a core strategy to attract both foreign tourists as well as business travellers. In 2017, the investment in the Gulf’s travel & tourism sector  was USD 34.3bn that is expected to rise...