E-commerce is now well established in developed markets, where the majority of adults make at least occasional purchases online. However, levels of activity on the whole remain relatively low in emerging countries, as these markets are restrained by a wide range of challenges, among them less-developed financial and logistical infrastructure...
Despite its diversified economy, Bahrain has nonetheless faced pressures in recent years as a result of the 2014-15 drop in global oil prices. However, a multibillion-dollar aid package from other Gulf states and an accompanying fiscal adjustment plan, as well as growth following a partial oil price recovery and a major oil and gas discovery, offer hope for an economic turnaround in 2019.
While recent years have seen steady growth in arrival numbers from Europe, Asia, North America and Oceania, Oman’s principle source market remains much closer to home. According to a report released in February 2018 by Colliers International, the Middle East has historically provided over half of arrivals to the sultanate, accounting for 58%...
With Oman experiencing sustained growth in tourism arrivals, recent years have seen the concurrent expansion of lodging options. Indeed, between 2013 and 2017 the number of hotels increased by 35%, according to the National Centre for Statistics and Information (NCSI). Alternative accommodation – such as aparthotels and short-term holiday lets...
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