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    Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

    Egypt’s food industries contribute 24.5% of GDP

    Egypt’s food industries contribute 24.5% of GDP

    $36mln contract for construction of Duqm fisheries complex

    $36mln contract for construction of Duqm fisheries complex

    Ministry signs agreement to support Oman’s honey industry

    Ministry signs agreement to support Oman’s honey industry

    Local, Italian companies partner up to establish food retail chain in Egypt

    Local, Italian companies partner up to establish food retail chain in Egypt

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      Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

      Egypt’s food industries contribute 24.5% of GDP

      Egypt’s food industries contribute 24.5% of GDP

      Profits at top Saudi banks jump 17.6% in Q1

      Profits at top Saudi banks jump 17.6% in Q1

      GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

      GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      New study reveals that UAE is most competitive economy in the Arab world

      New study reveals that UAE is most competitive economy in the Arab world

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      • CES 2017
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      Oman Construction Equipment Industry to 2028

      Oman Construction Equipment Industry to 2028

      $36mln contract for construction of Duqm fisheries complex

      $36mln contract for construction of Duqm fisheries complex

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      Madayn working on major Oman industrial city projects

      Madayn working on major Oman industrial city projects

      Foundation stone laid for new 700-bed hospital is Salalah, Oman

      Foundation stone laid for new 700-bed hospital is Salalah, Oman

      Iraq set to award new Faw Port deals

      Iraq set to award new Faw Port deals

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        Suez Canal expects US$3.5 billion in revenues in H1

        Suez Canal expects US$3.5 billion in revenues in H1

        UAE and Egypt’s consortium to buy African renewables firm Lekela Power

        UAE and Egypt’s consortium to buy African renewables firm Lekela Power

        Fitch revises Saudi Aramco’s outlook to positive from stable

        Fitch revises Saudi Aramco’s outlook to positive from stable

        Investments in renewables in Egypt reach LE6 bn: Official

        Investments in renewables in Egypt reach LE6 bn: Official

        Egypt signs 8 gas exploration contracts worth $934mn over 15 months

        Egypt signs 8 gas exploration contracts worth $934mn over 15 months

        JGC lands $3.7bn Iraq refinery upgradation project deal

        JGC lands $3.7bn Iraq refinery upgradation project deal

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        • Hospitality

          Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

          Saudi to be among world’s big leisure tourism hubs by 2030

          Saudi to be among world’s big leisure tourism hubs by 2030

          Qatar’s hospitality sector peaks despite turbulent 2020

          Qatar’s hospitality sector peaks despite turbulent 2020

          Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

          Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

          Staycations to stimulate Qatar’s hospitality sector

          Staycations to stimulate Qatar’s hospitality sector

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        • Agrofood
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          • Agriculture
          • Environment
          • Food

          Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Egypt’s food industries contribute 24.5% of GDP

          Egypt’s food industries contribute 24.5% of GDP

          $36mln contract for construction of Duqm fisheries complex

          $36mln contract for construction of Duqm fisheries complex

          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Trending Tags

          • Business & Economy
            • All
            • Business
            • Economy
            • Finance
            • Industry
            • Technology
            • Trade
            • Transport & Logistics

            Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

            Egypt’s food industries contribute 24.5% of GDP

            Egypt’s food industries contribute 24.5% of GDP

            Profits at top Saudi banks jump 17.6% in Q1

            Profits at top Saudi banks jump 17.6% in Q1

            GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

            GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            New study reveals that UAE is most competitive economy in the Arab world

            New study reveals that UAE is most competitive economy in the Arab world

            Trending Tags

            • CES 2017
            • Election Results
            • eSports
          • Construction
            • All
            • Infrastructure
            • Real Estate
            Oman Construction Equipment Industry to 2028

            Oman Construction Equipment Industry to 2028

            $36mln contract for construction of Duqm fisheries complex

            $36mln contract for construction of Duqm fisheries complex

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            Madayn working on major Oman industrial city projects

            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Trending Tags

            • Energy
              • All
              • Oil & Gas
              • Power & Electricity
              • Renewable Energy
              Suez Canal expects US$3.5 billion in revenues in H1

              Suez Canal expects US$3.5 billion in revenues in H1

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

              Trending Tags

              • Hospitality

                Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

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              Americans ‘openly exploring travel destinations in the Middle East’

              AME Info

              October 19, 2017
              in Hospitality
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              If you’ve missed some of your travel plans for summer and you still have leave to avail, the Middle East may be a good destination choice.
               
              “Americans are shifting the conversation from apprehension to understanding and are openly exploring destinations in the Middle East, where tourism is booming Jamee Lubkemann, Vice President at American Express Travel, told Travel Weekly.
               
              Likewise, the World Tourism Organization (UNWTO) reveals that most of 2016’s strong performers maintained momentum, while destinations that struggled in previous years continued to rebound in the first part of 2017.
               
              “This is especially reflected in the better results of the Middle East (+10 per cent), Africa (+8 per cent) and Europe (+6 per cent). Asia and the Pacific (+6 per cent) and the Americas (+4 per cent) continued to enjoy robust growth,” it said.
               
              “Destinations that were affected by negative events during 2016 are showing clear signs of recovery in a very short period of time, and this is very welcoming news for all, but particularly for those whose livelihoods depend on tourism in these destinations”, said UNWTO Secretary-General Taleb Rifai.
               
              But why is the Middle East becoming an attractive travel destination?
               
               
              Middle East recovery
               
              In the Middle East, Lebanon and Egypt have made remarkable improvements when it comes to perceptions related to terrorism, according to the Travel and Tourism Competitiveness Report 2017 released by the World Economic Forum.
               
              Moreover, countries such as Oman, the United Arab Emirates and Qatar rank among the ten safest economies globally, with little terrorism incidence.
               
              WEF added that United Arab Emirates, Qatar, Bahrain and Saudi Arabia fared well on the levels of business environment, ICT readiness and the quality of infrastructure.
               
              WEF noted that Bahrain, Iran, Morocco and Algeria significantly improved their security, while Saudi Arabia registered the largest regional improvement in health and hygiene. Similarly, countries such as Egypt and Kuwait have increased Travel & Tourism sector prioritization.
               
              Moreover, Egypt, Oman, and, to a lesser extent, Saudi Arabia have significantly upgraded their cultural resources more than the regional average, while Bahrain and Tunisia have proceeded faster towards openness, compared to other countries in the area.
               
              Spending within the UAE’s travel and tourism sector is expected to steadily rise over the next five years and reach more than $56 billion in 2022, according to a new report.
               
              A new analysis conducted by the Dubai Chamber of Commerce and Industry said that new mega projects coming to market would drive the growth.
              The analysis, based on data from Business Monitor International (BMI) and the World Travel and Tourism Council (WTTC), revealed that the total spending in the sector was predicted to increase by 4.5 per cent year-on-year in 2017 to reach more than $42 billion.
              Dubai Chamber said that growth within the UAE’s travel market would likely be supported by several recently announced projects, including Marsa Al Arab, a $1.7 billion mega tourist resort near the Burj Al Arab, the new IMG Worlds of Legends theme park and many others.
               
              As for Saudi Arabia, it has allocated billions of dollars to achieve its Saudi Vision 2030, aiming to boost the Kingdom’s hospitality industry.
               
              Reforms of visa issuance and development of historic heritage sites are designed to help achieve these goals.
               
              In September, the Public Investment Fund announced that it was setting up a $2.7bn company to invest in entertainment.
               
              AMEinfo reported on this, noting that the venture is targeting more than 50 million visitors per year and more than 22,000 jobs and looking to contribute SAR8bn (AED7.92bn) to the kingdom’s GDP by end-2030.
               
              “The PIF will lead investment in a project to redevelop Jeddah’s waterfront corniche into a mixed-use area at a price tag of 18bn Saudi riyals (AED17.62bn),” the state-run Saudi Press Agency (SPA) reported.
              Despite the improvements recorded in some Middle Eastern countries, more should be done to develop tourism in this part of the region.
               
              How should the ME improve?
               
              The World Economic Forum issued recommendations for some countries in the Middle East.
               
              According to WEF, the UAE should focus on becoming more open, expanding its health facilities and making better use of its natural resources. While the UAE has significantly developed certain segments of cultural tourism, including international conferences and car racing, natural tourism remains an untapped resource for the country.
               
              Jordan, it added, should upgrade its air and ground transport infrastructure and focus on its natural and cultural resources, which remain substantially undervalued.
               
              As for Tunisia, the WEF noted that its natural resources were not sufficiently valued.
               
              “To date, only one site appears on the UNESCO’s World Heritage Site list, and the digital demand for tourism related to nature is low, indicating an insufficient value proposition,” it said.
               
              Both ground and air infrastructure are less efficient than they should be, with fewer companies flying directly to Tunisia, which leads to lower international arrivals, it added.
               
              “Yet the main bottlenecks to development are low safety and security, with terrorism emerging as a destabilizing force, which in turn has led to high costs on business, and an extremely rigid and uncompetitive labour market.”
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