GCC tourism surges to $247bn as intra-regional travel accelerates 

According to preliminary data from the GCC Statistical Centre, intra-GCC travel experienced a sharp rebound, rising 52 percent over the same period, with 19.3 million visitors traveling between member states.  Shutterstock
Short Url
Updated 28 September 2025
Follow

GCC tourism surges to $247bn as intra-regional travel accelerates 

JEDDAH: Tourism across the Gulf Cooperation Council contributed $247.1 billion to the region’s economy in 2024, marking a nearly 32 percent increase compared with 2019, the latest official data showed.  

According to preliminary data from the GCC Statistical Center, intra-GCC travel experienced a sharp rebound, rising 52 percent over the same period, with 19.3 million visitors traveling between member states.  

Intra-regional tourism now accounts for 26.7 percent of total GCC tourism, highlighting growing cultural integration and regional mobility. 

The findings appear in a report titled “GCC Tourism: Intra-Gulf Integration,” released to coincide with World Tourism Day on Sept. 27. The report underscores tourism’s expanding role as a driver of economic growth, employment, and cultural exchange, while supporting environmental sustainability initiatives across the Gulf. 

Saudi Arabia continued to set the pace for regional tourism expansion. In 2024, the country welcomed a record 30 million international visitors, up 8 percent from 2023, generating SR284 billion ($75.7 billion) in tourism spending, an 11 percent increase year on year. Total domestic and international tourists reached approximately 116 million, rising 6 percent over the previous year. 

Saudi Arabia’s rapid growth extends into 2025. According to the UN World Tourism Organization’s World Tourism Barometer, the Kingdom posted the highest global increase in international tourist revenue during the first quarter of 2025, with arrivals up 102 percent compared with the same period in 2019. 

Madinah, the Kingdom’s spiritual and cultural heart, has been named among the world’s top 100 tourist destinations by Euromonitor International, ranking first in Saudi Arabia, fifth in the Gulf, and sixth in the Arab world — a recognition of continued investment in visitor experiences and tourism development.

Key attractions include the Museum of the Architecture of the Prophet’s Mosque, the Safiyya Museum, and a growing portfolio of entertainment and cultural projects. 

GCC-Stat projects that tourism’s contribution to the GCC’s GDP could reach $371.2 billion, or 13.3 percent of GDP, by 2034. Employment in the sector is also expected to expand, generating an estimated 1.3 million new jobs, with women representing an increasing share of the workforce. 

The report highlights the sector’s broader economic and social impact, including fostering regional integration, supporting indirect industries such as transportation and infrastructure, and advancing environmental stewardship through protected areas covering nearly 19 percent of the region’s landmass. 


Experts clash over effect of war on oil supply

Updated 06 March 2026
Follow

Experts clash over effect of war on oil supply

  • International energy chief dismisses crisis fears * But Qatari minister warns exports could halt ‘in weeks’

BRUSSELS: International Energy Agency chief Fatih Birol on Friday dismissed fears of a global oil crisis, and said there was “plenty of oil in the market.”
But he was contradicted by Qatar’s Energy Minister Saad Al-Kaabi, who said Gulf oil producers could halt exports within weeks because of the US-Israel-Iran war, sending crude prices to $150 a barrel.

The war on Iran and Tehran’s retaliatory attacks across the Gulf have already sent crude prices soaring by about 20 percent, fanning fears of a fresh spike in inflation that could hit the global economy. Shipping through the critical Strait of Hormuz has all but dried up.
US President Donald Trump has pledged to protect ships passing through and promised further action to “reduce pressure on oil,” but prices have remained elevated. Brent crude, the global benchmark, was up 2.77 percent on Friday to nearly $88 a barrel.

However, Birol said: “There is plenty of oil, we have no oil shortage. There is a huge surplus in the market. We are facing a temporary disruption, a logistical disruption.”

Nevertheless, Al-Kaabi insisted there would be pressure on oil supplies “in two to three weeks” if tankers were unable to pass through the Strait.

“Everybody that has ​not called for force majeure we expect ⁠will do so in the next ​few days that this continues. All exporters in ​the Gulf region will have to call force majeure,” he said. “Everybody's energy price is going to go higher. There will be shortages of ​some products and there will be a chain reaction of factories that cannot supply.”

Qatar halted its liquefied natural gas production on March 2, as Iranian retaliation for US and Israeli strikes continued to target Gulf countries.