Ghana’s new administration is looking to further capitalise on tourism as a source of foreign exchange. The 2017 budget set specific goals for the sector, including ensuring sustainable tourism development, increasing participation in international conferences and developing standards for new tourism enterprises. With a number of promotion initiatives under way, the sector is making a...
Tourism
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Since assuming power in January 2017 the administration of President Nana Akufo-Addo has moved to rein in fiscal spending, industrialise rural regions and improve the business environment in order to jump-start economic growth. The government has brought down the fiscal deficit and freed up capital spending for priority projects, and Ghana’s economic prospects appear strong for 2018.
Articles & Analysis | Saudi Arabia prepares for higher numbers of domestic and international visitors from The Report: Saudi Arabia 2018
Nestled between two seas and two continents, Saudi Arabia stretches over 2.1m sq km, an area as large as Western Europe. Its diverse landscapes offer a wide variety of scenery; while its rich history, culture and significance in the Muslim religion attract visitors from around the world, making it one of the most visited countries in the world...
Articles & Analysis | Corporate events and conferences segments gain traction in Saudi Arabia from The Report: Saudi Arabia 2018
With the largest economy and population in the GCC, Saudi Arabia has long been a key destination for regional and international business leaders. The meetings, incentives, conferences and exhibitions (MICE) segment of the tourism industry has been a mainstay of many of the Kingdom’s hotels and hospitality services. Under the National...
Articles & Analysis | Saudi Arabia develops human resources from The Report: Saudi Arabia 2018
The National Transformation Programme (NTP) outlined the goal of increasing direct employment in the tourism sector in Saudi Arabia, aiming to raise the number of jobs from 830,000 to 1.2m by 2020. This would mean the proportion of nationals working in the sector rising from 27.8% in 2016 to 29.6% in the next four years.
