As Kuwait’s economy continues to adjust to the new oil price environment the country’s government is pushing ahead with investment plans and reforms that promise to put the country on a sustainable growth path in the coming years.
The Middle East Tourism
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Chapter | Tourism & Culture from The Report: Abu Dhabi 2017
These are dynamic times for the emirate’s tourism and culture sectors, as Abu Dhabi’s traditional portfolio of business travel and luxury vacations widens to include a whole new range of offerings. Sports, arts and entertainment are all now arriving centre stage for the emirate, as Abu Dhabi also makes its mark on the international cruise industry, while boosting its hotel collection and...
While reduced oil prices are undoubtedly a concern for the emirate’s authorities, economic diversification efforts of recent years mean Abu Dhabi is well placed to weather a prolonged period of subdued prices. Vision 2030 meanwhile contains a raft of goals that will further reduce the emirate’s reliance on hydrocarbons, and continue to foster the emergence of a more sustainable and knowledge-based economy in the years ahead.
Chapter | Tourism & Culture from The Report: Sharjah 2017
Sharjah is a key regional destination for family and cultural tourism, attracting visitors particularly from the Gulf, Europe and Asia, and the industry is a substantial contributor to the local economy. Restaurants and hotels contributed Dh2.78bn ($756.7m) to the economy in 2015, up from Dh2.49bn ($677.8m) the previous year, reaching 3.2% of the emirate’s GDP. Sharjah is working to further...
Sharjah’s early efforts towards economic diversification have paid dividends, turning sectors such as heavy industries and transport and logistics into key enablers of economic growth. Meanwhile, the presence of several major universities in the emirate has helped grow its reputation as a major educational centre for the region.
Chapter | Tourism & Retail from The Report: Bahrain 2017
With its long history as a trading centre, its wildlife and its ancient forts and mosques, Bahrain has strong appeal to draw in visitors from near and far. Made up of more than 30 islands, the archipelago is easy access for people living in the Gulf region – making it a prime destination for short stays – and visitors are able to check in to one of the increasing number of four- and five-star...