GBTA sessions to focus on the future of business travel at ATM 2023 Dubai, United Arab Emirates Business travel in the Middle East and Africa (MEA) is recovering more rapidly than in any other region, according to the most recent Business Travel Index™ Outlook annual forecast and outlook (2022), from the Global Business Travel Association (GBTA), the world’s largest business travel association. MEA business travel achieved 86% of its 2019 levels during 2022, outperforming the recovery in Americas, Asia Pacific and Europe.The strong performance of the sector and future opportunities will come…
Tag: expected
ATM 2023 Witnesses 20% Year-on-year Increase in Exhibitors from India, with the Country’s Outbound Journeys Expected to Hit 27 Million by 2024
Dubai, United Arab Emirates Thanks to a significant uptick in annual outbound journeys predicted over the next two years, the Indian tourism sector will represent a key focus during Arabian Travel Market (ATM) 2023, which will return to Dubai World Trade Centre (DWTC) for its 30th edition from 1-4 May. According to recently released data from the Reserve Bank of India (RBI), Indian nationals spent a record $10 billion in overseas travel during the first nine months of 2022, an increase of nearly 43% compared to pre-COVID figures. Moreover, estimates from Indian…
Saudi Arabia Ranks First Among Arab Nations for Inbound Visitors in 2022 – Strong Kingdom Representation Expected at Arabian Travel Market 2023
Dubai, United Arab Emirates Saudi Arabia registered more international arrivals than any other Arab nation during the first nine months of 2022, as government officials target 100 million annual visitors by the end of this decade. Owing to these unprecedented numbers, the Kingdom’s burgeoning tourism sector will represent a key focus at Arabian Travel Market (ATM) 2023, which will take place at Dubai World Trade Centre (DWTC) from 1-4 May.This year’s Saudi Summit will take place on the Global Stage and focus on the importance of the Kingdom in reshaping the…
Record Number of Country Pavilions Expected at Arab Health 2023 When it Returns Next Week
Dubai, United Arab Emirates Arab Health, the Middle East’s largest healthcare exhibition and congress, which returns to Dubai next week from 30 January to 2 February at the Dubai World Trade Centre, will reaffirm the world is open for business with more than 45 country pavilions, including for the first time New Zealand, Singapore, Tunisia, Indonesia and Estonia. In addition to an influx of new and returning international exhibitors, the event has also witnessed an uptick in regional exhibitors resulting in the show selling out in December, despite an additional…
Acronis’ End-of-Year Cyber Threats Report Finds Average Cost of Data Breaches Expected to Surpass US$5 Million Per Incident in 2023
Dubai, United Arab Emirates — Acronis, a global leader in cyber protection, released its latest cyberthreats and trends report for the second half of 2022 which found that phishing and the use of MFA fatigue attacks, an extremely effective method used in high-profile breaches, are on the rise. Conducted by Acronis’ Cyber Protection Operation Center, the report provides an in-depth analysis of the cyberthreat landscape including ransomware threats, phishing, malicious websites, software vulnerabilities and a security forecast for 2023. Of note, the report found that threats from phishing and malicious emails…
Barratt’s Latest London Launch is Expected to Net Middle East Homebuyers a 25 percent Increase on their Investment
Landmark launch in Bermondsey’s dynamic regeneration area located south of the River Thames includes new transport links to central London, several Michelin star restaurants, education facilities, business hubs and green spaces Dubai, United Arab Emirates Barratt London, part of the largest residential property development company in the United Kingdom, has launched exciting new landmark development, Bermondsey Heights, located south of the River Thames, with JLL forecasting that the area is expected to see house prices increase by around 25% over the next five years, and rental values growing by 16%.…
Expected Growth Drives Companies to Open New Businesses in the UAE
Dubai, United Arab Emirates — The UAE’s economy is expected to grow by over 5% in 2022, according to Al Arabia News, quoting Michael Bolliger, Chief Investment Officer Emerging Markets at UBS Global Wealth Management. The UAE’s economy grew by 3.8% in 2021, due to appropriate government incentives and plans and the vaccination of all citizens and residents, noting that the growth of the non-oil sector also played a significant role in this economic recovery. All indexes, including the Purchasing Managers Index (PMI) and Business Confidence Index (BCI), showed that…
Regional creator economy expected to rise in popularity as Arab youth flood social entertainment platforms with localized video content
Dubai, United Arab Emirates – The regional content creator economy is rapidly gaining momentum and is largely expected to join the ranks of other mainstream careers, driven by an upsurge of new-age digital tools and platforms that are providing creators with a wide range of opportunities to develop well-paying careers in content creation. The Middle East and North Africa (MENA) region has particularly experienced an unprecedented explosion of digital content creators signaling a steady shift in how people in the region are consuming content. This, according to Asia Innovations Group…