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Inayat-ur-Rahman, Business EditorBased on the latest report from the World Travel and Tourism Council (WTTC), Middle East travel and tourism is set to grow by 28.1 per cent in 2022, representing a further boost of $ 47 billion.
The UAE has been ranked first in the in the region, and fourth globally in the Global Entrepreneurship Index (GEI) 2020 by the Global Entrepreneurship Monitor (GEM - NECI), climbing up from its fifth ranking in the 2019 report.
Enoc Group on Monday announced that the construction of its pavilion at Expo 2020 has been completed. The state-of-the-art pavilion under the theme of ‘Reimagine Energy,’ occupies a plot of approximately 2,060 m2 and comprises five distinct structures.
Tickets to Expo 2020 Dubai are now on sale, and among the plethora of reasons to book a season pass for the world’s biggest cultural gathering is a once-in-a-lifetime opportunity to be part of the historic, invite-only opening ceremony.
India posted annual economic growth of 6.3% in its July-September quarter, less than half the 13.5% growth in the previous three months as distortions caused by COVID-19 lockdowns faded in Asia’s third-largest economy. Gross domestic product growth for the full fiscal year, which ends on March 31, is likely to be 6.8-7%,
The Board of the Investment Corporation of Dubai (ICD), chaired by Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai, Chairman of ICD, and in the presence of Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum,
Turkey’s economy expanded 3.9 per cent in the third quarter from a year ago, according to official data released on Wednesday, though growth slowed from the previous quarter as a global slowdown put a drag on exports, but the tourism sector remained strong. Gross domestic product (GDP) contracted 0.1 per cent from the previous quarter