Tourism

GCC Travel & Tourism: Build it but will they come?

As a part of their economic diversification strategy, Gulf countries have been increasingly focussing on the expansion of service sectors such as tourism, business, logistics and financial services. The huge stock of fiscal and foreign reserves  in the Arabian Gulf favoured the development of the tourism industry as a core strategy to attract both foreign tourists as well as business travellers. In 2017, the investment in the Gulf’s travel & tourism sector  was USD 34.3bn that is expected to rise...

Expo 2020: How will Dubai benefit?

Connecting Minds, Creating the Future In 2020, the UAE will host the World Expo, which is held once every five years for the duration of 3-6 months. The history of expo dates back to 1851, when ‘The Great Exhibition’ was first held in London. Since then, different regions of the world have hosted it at regular intervals, but this would be the first time the event is being hosted in the MENA region. Themes for the expos are usually broad,...