Contributing 8.1% to GDP and accounting for 7.1% of employment in 2016, tourism holds an important place in Morocco’s economy, with 2017 garnering strong results. Despite having faced some challenges, the country has a number of favourable factors to build upon, such as its political stability, new infrastructure developments and multiplying air connections. While the sector is still far from...
Tourism
Displaying 127 - 132 of 405
Morocco has long been recognised as one of the most advanced nations in Africa due to its strategic location and sizeable diaspora community, as well as its well-developed manufacturing sector, mining industry and agricultural output.
The effects of lower oil prices continue to be felt in Oman, with budget cuts and spending rationalisation still in evidence across the board. However, higher commodity prices in late 2017 and into early 2018 should provide a welcome boost to state revenues.
With a significant number of new hotels set to open, a raft of private sector-led investments in leisure and business facilities, and the government’s ambitious transport infrastructure development plan well under way, Dubai’s tourism industry is poised for a period of considerable growth in 2018. While the emirate has long been a tourist destination in the Middle East and a key stopover point...
Dubai saw steady GDP growth of 2.8% in 2017 and this is expected to reach 3.2% in 2018, with an increased drive towards consolidating its position as a knowledge-based economy. The emirate is among the most diversified in the region, thanks to factors such as a highly attractive business environment that has brought in large amounts of foreign investment.
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...