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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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      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
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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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              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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