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    Saudi Arabia’s agricultural GDP grew 38% to $26.6bn in 2022

    Saudi Arabia’s agricultural GDP grew 38% to $26.6bn in 2022

    Arab states imported 1.73 million agricultural commodities from Egypt

    Arab states imported 1.73 million agricultural commodities from Egypt

    Wheat yield boom boosts Oman’s food security

    Wheat yield boom boosts Oman’s food security

    Saudi Arabia seeks $20 bln investment in food industry, aims to double exports

    Saudi Arabia seeks $20 bln investment in food industry, aims to double exports

    Saudi Arabia’s ambitions for food production advancement supported by ICRISAT-FAO partnership

    Saudi Arabia’s ambitions for food production advancement supported by ICRISAT-FAO partnership

    Egypt’s agriculture exports rise 17.2 percent in 5 months

    Egypt’s agriculture exports rise 17.2 percent in 5 months

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    • Business & Economy
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      • Business
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      Saudi: 53 new industrial licenses issued in April 2023

      Saudi: 53 new industrial licenses issued in April 2023

      Qatar’s non-oil sector maintains growth as PMI hits 53.8 in June

      Qatar’s non-oil sector maintains growth as PMI hits 53.8 in June

      Saudi transport authority approves 15 licensing, technical guides for railways

      Saudi transport authority approves 15 licensing, technical guides for railways

      Number of industrial decisions up by 10.56% to 356 in 2021

      Number of industrial decisions up by 10.56% to 356 in 2021

      Egypt’s macroeconomic conditions improving, says minister

      Egypt’s macroeconomic conditions improving, says minister

      Number of BIA passengers up by 26.90% annually YTD APRIL 2023

      Number of BIA passengers up by 26.90% annually YTD APRIL 2023

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      • CES 2017
      • Election Results
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      Oman’s health ministry expected to award construction contract for two health centres in Q3

      Oman’s health ministry expected to award construction contract for two health centres in Q3

      Properties sold in May 2023 jump 114.6%, says Qatar’s PSA

      Properties sold in May 2023 jump 114.6%, says Qatar’s PSA

      Oman releases more Sultan Haitham City details

      Oman releases more Sultan Haitham City details

      Construction activity in Saudi Arabia reaches highest level in years: Survey

      Construction activity in Saudi Arabia reaches highest level in years: Survey

      Oman gears up for its first smart city

      Oman gears up for its first smart city

      Saudi real estate ‘booming’ on big office space demand

      Saudi real estate ‘booming’ on big office space demand

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        NEOM’s green hydrogen project is formally under execution: ACWA Power

        NEOM’s green hydrogen project is formally under execution: ACWA Power

        Ministry of Petroleum announces $9B investment towards oil refining and petrochemical projects

        Ministry of Petroleum announces $9B investment towards oil refining and petrochemical projects

        Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions

        Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions

        UN-HABITAT partners with LCEC, expanding efforts to provide responsible renewable energy solutions in Lebanon

        UN-HABITAT partners with LCEC, expanding efforts to provide responsible renewable energy solutions in Lebanon

        Clean energy technology manufacturing market to reach $790bln by 2030: IEA

        Clean energy technology manufacturing market to reach $790bln by 2030: IEA

        Total-led consortium to start drilling offshore Lebanon in September

        Total-led consortium to start drilling offshore Lebanon in September

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        • Hospitality
          Qatar: Over 700 hotel keys added in Q1

          Qatar: Over 700 hotel keys added in Q1

          Jordan’s tourism income surges 88% as visitors flock to the country

          Jordan’s tourism income surges 88% as visitors flock to the country

          Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

          Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

          Leisure sector in Qatar stronger after World Cup 2022

          Leisure sector in Qatar stronger after World Cup 2022

          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

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        • Agrofood
          • All
          • Agriculture
          • Environment
          • Food
          Saudi Arabia’s agricultural GDP grew 38% to $26.6bn in 2022

          Saudi Arabia’s agricultural GDP grew 38% to $26.6bn in 2022

          Arab states imported 1.73 million agricultural commodities from Egypt

          Arab states imported 1.73 million agricultural commodities from Egypt

          Wheat yield boom boosts Oman’s food security

          Wheat yield boom boosts Oman’s food security

          Saudi Arabia seeks $20 bln investment in food industry, aims to double exports

          Saudi Arabia seeks $20 bln investment in food industry, aims to double exports

          Saudi Arabia’s ambitions for food production advancement supported by ICRISAT-FAO partnership

          Saudi Arabia’s ambitions for food production advancement supported by ICRISAT-FAO partnership

          Egypt’s agriculture exports rise 17.2 percent in 5 months

          Egypt’s agriculture exports rise 17.2 percent in 5 months

          Trending Tags

          • Business & Economy
            • All
            • Business
            • Economy
            • Finance
            • Industry
            • Technology
            • Trade
            • Transport & Logistics
            Saudi: 53 new industrial licenses issued in April 2023

            Saudi: 53 new industrial licenses issued in April 2023

            Qatar’s non-oil sector maintains growth as PMI hits 53.8 in June

            Qatar’s non-oil sector maintains growth as PMI hits 53.8 in June

            Saudi transport authority approves 15 licensing, technical guides for railways

            Saudi transport authority approves 15 licensing, technical guides for railways

            Number of industrial decisions up by 10.56% to 356 in 2021

            Number of industrial decisions up by 10.56% to 356 in 2021

            Egypt’s macroeconomic conditions improving, says minister

            Egypt’s macroeconomic conditions improving, says minister

            Number of BIA passengers up by 26.90% annually YTD APRIL 2023

            Number of BIA passengers up by 26.90% annually YTD APRIL 2023

            Trending Tags

            • CES 2017
            • Election Results
            • eSports
          • Construction
            • All
            • Infrastructure
            • Real Estate
            Oman’s health ministry expected to award construction contract for two health centres in Q3

            Oman’s health ministry expected to award construction contract for two health centres in Q3

            Properties sold in May 2023 jump 114.6%, says Qatar’s PSA

            Properties sold in May 2023 jump 114.6%, says Qatar’s PSA

            Oman releases more Sultan Haitham City details

            Oman releases more Sultan Haitham City details

            Construction activity in Saudi Arabia reaches highest level in years: Survey

            Construction activity in Saudi Arabia reaches highest level in years: Survey

            Oman gears up for its first smart city

            Oman gears up for its first smart city

            Saudi real estate ‘booming’ on big office space demand

            Saudi real estate ‘booming’ on big office space demand

            Trending Tags

            • Energy
              • All
              • Oil & Gas
              • Power & Electricity
              • Renewable Energy
              NEOM’s green hydrogen project is formally under execution: ACWA Power

              NEOM’s green hydrogen project is formally under execution: ACWA Power

              Ministry of Petroleum announces $9B investment towards oil refining and petrochemical projects

              Ministry of Petroleum announces $9B investment towards oil refining and petrochemical projects

              Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions

              Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions

              UN-HABITAT partners with LCEC, expanding efforts to provide responsible renewable energy solutions in Lebanon

              UN-HABITAT partners with LCEC, expanding efforts to provide responsible renewable energy solutions in Lebanon

              Clean energy technology manufacturing market to reach $790bln by 2030: IEA

              Clean energy technology manufacturing market to reach $790bln by 2030: IEA

              Total-led consortium to start drilling offshore Lebanon in September

              Total-led consortium to start drilling offshore Lebanon in September

              Trending Tags

              • Hospitality
                Qatar: Over 700 hotel keys added in Q1

                Qatar: Over 700 hotel keys added in Q1

                Jordan’s tourism income surges 88% as visitors flock to the country

                Jordan’s tourism income surges 88% as visitors flock to the country

                Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

                Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

                Leisure sector in Qatar stronger after World Cup 2022

                Leisure sector in Qatar stronger after World Cup 2022

                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

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              5 global tourism megatrends impacting the Middle East

              Ameinfo

              June 21, 2017
              in Hospitality
              0
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              The Middle East is increasingly shaping itself to become a touristic paradise. Over the past decade, the travel and tourism sector across the region has seen a sharp rise. Visitors just cannot seem to get enough of the mix of modernity and ancient culture and heritage that the region is very quickly becoming renowned for.
               
              The UAE is one of the most prominent examples of touristic hotspots in the Middle East. Although small in size, the country’s landscape is dotted with state-of-the-art buildings and amenities, as well as places of historical and cultural interest, which are considered some of the best in the region and, indeed, across the world. Other nations such as Oman and Qatar are also focusing their efforts on attracting an increased influx of travellers from the world over.
               
              The GCC remains the number one volume generator for tourism to Dubai, delivering the highest share of visitor volumes for 2016 with a total of 3.4 million, up five per cent over 2015.
               
              The Annual Visitor Report 2016 released by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) revealed that Saudi Arabia contributed with the highest number of travellers among the GCC countries. It was followed by Oman, with Kuwait in third place and Qatar in fourth, both retaining their top 20 status.
               
              Oman’s sizeable contribution to the 14.9m overnight visitors to Dubai last year places it in fourth spot among the emirate’s top ten source markets, with India (1.8m), Saudi Arabia (1.6m) and the UK (1.2m) leading the list.
               
              It cannot be overlooked that the region’s travel and tourism industry needs to transform unlike never before. Truth is, the global landscape is changing very fast. Social and economic movements, coupled with widespread urbanisation, environmental change, resource shortages and technological leaps, are all coming together and influencing travel and tourism in a significant way.
               
              A recent report by PwC, titled Global megatrends…and their impact on the Middle East’s travel and tourism industry, lists five fundamental changes which the Middle Eastern tourism industry needs to prepare for, and gear up to face challenges of the future.
               
              1. The Changing Face of the Global Population: As the world is changing, so it its population. And no, it isn’t just expanding. Africa’s population is poised to double by 2050 – and it is the fastest-growing region in the world currently. In contrast, Europe’s population numbers are predicted to fall. The average age of a human being in Japan is going to be 53, whereas in Nigeria it is going to be 23.
               
              This vast difference is poised to have dire implications country-wise and worldwide. Reports released by the UN indicate that people who are aged 60 years and above are going to account for 21 percent of the world’s overall population. Of course, this isn’t exactly good news for world economies, but the travel and tourism industry will get to welcome a new-category traveller – the silver tourist.
               
              2. The Changing Face of Demand: Earlier, the travel and tourism sector had travellers that were at most middle-aged and interested in leisure of limited options. Today, however, the scenario has changed tremendously. The industry is changing the way it works to suit the demands of tourists of all ages across the world.
               
              Traveller demands and choices are evolving extremely fast. While the shifting demands opens up more opportunities for the travel and tourism sector, it poses various challenges as well, because the diversity in demand is becoming more and more polarized. The “Gen Z” traveller category – tourists who are highly educated and have high access to information – are poised to usher in a new wave of growth in the travel and tourism industry.
               
              3. The Changing Face of Economies: Most of the muscle of the world economy is now getting increasingly shared by emerging economies – Asia, Africa, and Latin America. And the Middle is situated rather strategically in the midst of all the action. This geographic coincidence cannot be left unconsidered.
               
              Indian and Chinese economies are holding their own as the two most influential economies and Middle Eastern nations are reaping – and still can continue to reap – a lot of benefits from their growing markets.  The way things are panning out, by 2030, Asia-Pacific countries are well-placed to witness the most tourist arrivals.
               
              4. The Nexus between Urbanisation and Tourism: At present, more than half of the world’s population is settled in cities. The Gulf region is speeding up its urbanisation game and leading the pack. As the “urban sprawl” gets more expansive, the travel and tourism industry is poised to experience the after effects. Opportunities galore will be available – but unfortunately, so will the challenges. Governments will need to up their game as proper planning, investment, and infrastructure will be required to measure up to the demands of the growing numbers.
               
              5. Climate Change and Technological Breakthroughs: Climate change and resource scarcity are realities that the travel and tourism sector has to deal with as it continues to expand. GCC nations are amongst the world’s highest users of energy and water resources, and it is common knowledge that these resources are fast depleting.
               
              Middle Eastern think tanks will need to innovate and invent new ways to meet their countries’ demands for natural resources. Furthermore, digitisation is also a challenge that Middle Eastern countries need to warm up to and devise ways to use it to their advantage to improve the travellers’ experience.
               
              AMEINFO
              21 June
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