Tourism Law Executive Regulations Issued: 6-Month Adjustment Period
The government announced today the issuance of the executive regulations for the tourism law, aimed at enhancing the investment environment and protecting investors. The regulations include a 6-month period for adjustment and 60 days for approval of new procedures.
The government announced today the issuance of the executive regulations for the tourism law, aimed at enhancing the investment environment and protecting investors. The regulations include a 6-month period for adjustment and 60 days for approval of new procedures.
Details of the Executive Regulations
The regulations aim to provide a clear legal framework for regulating the tourism sector, contributing to attracting more investments. It also includes protecting investors by setting new standards that facilitate investment processes.
A 6-month period has been set for existing tourism institutions to adjust their status according to new requirements, in addition to a 60-day period for the approval of new applications. This comes as part of the government’s efforts to strengthen the tourism sector as part of its economic development plan.
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