Insights: General
Cultural awareness, expat life and practical guides for anyone building a life or career in the Middle East.
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Top 10 Arab countries earn $57 billion in tourism
Annual report of the World Tourism Organization (UNWTO) reveals total earnings for top Arab countries in 2015. The top 10 Arab countries on the UNTWO annual report represent 3.8 % of the total international tourism revenue of US $1.5 trillion during 2015. The top Arab countries earned nearly $57.586 billion in international tourism revenue during
Report shows long-term growth of GCC Hospitality
A new report by Alpen Capital reveals ‘immense growth potential’ of the regional hospitality industry, despite a slowdown in 2016. A report by Alpen Capital, an investment banking advisory firm, indicates the GCC hospitality market is expected to grow at a 7.6% CAGR from an estimated US$25.4 billion (AED93.3 billion) in 2015 to US$36.7 billion
Musafir announces major new partnership with Singapore Tourism Board (Middle East) to benefit region’s travellers and tourism industry
Sharjah, UAE – Musafir.com, the UAE’s first premium-experience travel website, announces today a major new partnership with Singapore Tourism Board (Middle East), to raise awareness of Singapore as a compelling leisure destination in the Middle East and drive strong conversion of holiday packages to Singapore as well as introduce new benefits for travelers in the
Omran buys stake in eight tourism related projects
Omran, Oman’s tourism investment arm, has reportedly taken over or acquired stakes in eight companies in the Sultanate to drive development. The organisation revealed to the Times of Oman, through its chief executive James Wilson, that tourism projects being built in the country were amounting to US $779.6m (OMR 300) The eight firms include Marina
Abu Dhabi’s $101m funding kickstarts construction of Bahrain city
Construction of North City in Bahrain is set to start after AED374 million ($101 million) funding from Abu Dhabi Fund for Development (ADFD), the UAE’s international development arm. The latest funding agreement will enable the preparation for the land reclamation to get underway and the beginning of the island construction, a statement said. This will
Oman’s Omran said to buy stakes in 8 tourism projects
Omran, Oman’s tourism investment arm, has reportedly taken over or acquired stakes in eight companies in the sultanate to drive development. James Wilson, the company’s chief executive, told the Times of Oman, that tourism projects being built in the country amounted to $779.6 million. The eight firms include Marina Bander Rhowda, the taking over of
Expat workers to be fined SR10,000 for being absent from work
Riyadh: The Saudi authorities on Wednesday announced stringent measures against expatriates workers for being absent from work. Foreigners who fail to report to work will be fined SR10,000, deported permanently and barred from returning to Saudi Arabia. The General Directorate of Passports announced the penalties, urging citizens and foreigners to comply and report domestic workers
Unemployed expats pose security threat: Committee
KUWAIT: The increasing number of unemployed expatriates poses social and security risks in Kuwait, the parliament’s budgets committee warned in a recent statement. It based its conclusion on official statistics which estimated the number of foreigners in Kuwait without a job at 17,498, compared to 11,670 unemployed Kuwaitis. The number of expatriate manpower in the
KUWAIT | New Online Visa-On-Arrival System Goes Live
The Kuwaiti Minister of the Interior (MOI) announced this month that a new online e-visa service is now up and running. The new service is available to nationals of the five other Cooperation Council for the Arab States of the Gulf (GCC) countries and nationals of an additional 52 countries traveling to Kuwait. Additionally, the
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