Latest news with #coastalTourism
Zawya
25-05-2025
- Business
- Zawya
SRSA releases 2024 Annual Report: 28 coastal tourism licenses issued, 1,011 Saudis trained for sector growth
The Saudi Red Sea Authority (SRSA) has published its 2024 Annual Report, outlining key advancements in regulating and developing coastal tourism. Over the past year, SRSA has strengthened integration, expanded partnerships, and introduced new regulations, licenses, permits, and technical codes to enhance infrastructure and elevate the sector's appeal, reinforcing Saudi Arabia's leadership in coastal tourism. Key performance indicators demonstrate SRSA's rapid progress in advancing coastal tourism, driven by its core mandates. These include establishing policies and strategies, issuing licenses and permits, and enhancing infrastructure to meet global standards, as well as fostering investment and marketing efforts in collaboration with relevant stakeholders. Among the key milestones highlighted in the report are the issuance of 28 coastal tourism licenses and the introduction of the first regulatory framework for Saudi yachts. It also marks the launch of four technical codes, the first of their kind in the Kingdom designed to enhance coastal tourism infrastructure. Additionally, SRSA, in collaboration with the General Authority for Survey and Geospatial Information, has produced 15 high-quality nautical charts. Together, these initiatives form a robust regulatory framework driving growth in Red Sea coastal tourism. Further emphasizing SRSA's commitment to national development, the report details the training of 1,011 Saudis—both men and women—in coastal tourism through partnerships with the Ministry of Tourism. More than 130 compliance visits were also conducted at the sites of marina operators and maritime tourism agents to protect the marine environment and attract investment, contributing to the preservation and sustainability of the coastal ecosystem for future generations. Additionally, the report highlights SRSA's accelerated efforts to enhance coastal tourism, including the launch of the first national insurance product for coastal tourism activities in collaboration with the Insurance Authority. It also covers the signing of 16 agreements and memoranda of understanding with public, private, and nonprofit sector partners. Alongside these initiatives, the report outlines SRSA's receipt of three awards—global, regional, and local—including the Japan Tourism Award, the Marine Navigation Mapping Application Award, and the Tourism Company of the Year 2024. The 2024 Annual Report provides a comprehensive overview of SRSA's achievements, underscoring the strong government support for the sector under visionary leadership and the unwavering dedication of Saudi professionals driving the industry's growth and success.
Zawya
22-05-2025
- Business
- Zawya
Saudi Red Sea Authority and Fincantieri sign MoU to develop coastal tourism activities in Saudi Arabia
Riyadh: The Saudi Red Sea Authority (SRSA) signed a Memorandum of Understanding today with Fincantieri, a global leader in the maritime industry. The goal is to strengthen collaboration in developing and managing coastal tourism activities across the Kingdom, supporting the sector's sustainable growth. The MoU was signed by Mr. Mohammed Al-Nasser, CEO of SRSA, and Mr. Pierroberto Folgiero, CEO and Managing Director of Fincantieri. This agreement supports SRSA's mandate, which includes protecting the marine environment, setting standards and regulations for coastal marinas, and leveraging international best practices to enhance coastal tourism. The MoU focuses on developing coastal tourism while preserving marine ecosystems and natural resources. It also emphasizes maritime safety and security, improving marina infrastructure, and cooperating on research and innovation in advanced marine technologies. This step reflects SRSA's commitment to accelerating progress through strong partnerships with both public and private sectors, locally and globally. It aims to expand strategic alliances, share expertise, and apply global practices that promote regenerative tourism, sustainable growth, and the positioning of the Red Sea as a premier international destination while preserving its untouched environment.
Trade Arabia
11-05-2025
- Business
- Trade Arabia
SRSA issued three marina licences for coastal tourism expansion
The Saudi Red Sea Authority (SRSA) has issued three new licences to marina operators as part of its efforts to expand coastal tourism, enhance service quality, and support the tourism economy in line with the goals of Saudi Vision 2030, reported SPA. The new licences were granted to Aljar Marina tourism company in Yanbu, Al Ahlam Marine Tourism in Albuhairat city in Jeddah, and Pearl Marina Chartering Company in Jeddah, according to a recent SRSA press release. SRSA is intensifying its efforts to regulate the coastal tourism sector and foster an attractive environment for tourists, investors, and operators of coastal tourism activities. This is part of its mandate, which includes issuing licenses and permits, establishing regulations, setting standards and guidelines for marinas, and overseeing their development and expansion. The newly issued licences, said the release, are expected to have a significant impact on regulating coastal tourism activities, expanding the range of tourism services available, attracting more investment, boosting tourist arrivals to the Kingdom, and generating new job opportunities across the Red Sea coastal tourism sector. With these latest additions, the total number of marina operator licenses issued by SRSA has now reached 12, underscoring its ongoing efforts to enhance service quality for tourists and visitors, safeguard the marine environment, and foster the growth of coastal tourism along the Red Sea.
Arabian Business
08-05-2025
- Business
- Arabian Business
Saudi Arabia issues 3 new marina licences to boost Red Sea tourism
The Saudi Red Sea Authority (SRSA) has issued three new licences to marina operators as part of its efforts to expand coastal tourism, enhance service quality, and support the tourism economy in line with the goals of Saudi Vision 2030. The new licenses were granted to: Aljar Marina tourism company in Yanbu Al Ahlam Marine Tourism in Albuhairat city in Jeddah Pearl Marina Chartering Company in Jeddah SRSA is intensifying its efforts to regulate the coastal tourism sector and foster an attractive environment for tourists, investors, and operators of coastal tourism activities. Saudi Red Sea Authority marine tourism This is part of its mandate, which includes issuing licences and permits, establishing regulations, setting standards and guidelines for marinas, and overseeing their development and expansion. The newly issued licences are expected to have a significant impact on regulating coastal tourism activities, expanding the range of tourism services available, attracting more investment, boosting tourist arrivals to the Kingdom, and generating new job opportunities across the Red Sea coastal tourism sector. With these latest additions, the total number of marina operator licences issued by SRSA has now reached 12, underscoring its ongoing efforts to enhance service quality for tourists and visitors, safeguard the marine environment, and foster the growth of coastal tourism along the Red Sea.
