Arab Spring hits tourism in Mena



Tourism to the Middle East and North Africa declined sharply in the first half of the year, going against an international trend of growth in arrivals to record levels.

But there are some signs of recovery in parts of the region, the UN World Tourism Organization said in its latest report. Political instability in popular tourists spots including Egypt, Tunisia, and Syria prompted a 13 per cent drop in arrivals to North Africa and an 11 per cent fall in the Middle East, the report revealed.

International tourism grew 4.5 per cent in the first half of this year from a year earlier to reach a record of 440 million arrivals, the UN agency said.

"Results from recent months show that destinations such as Egypt, Tunisia or Japan are seeing declines in demand clearly reverting," according to the report.

Hoteliers in the UAE have reported strong growth in occupancy levels, as travellers have avoided other destinations in the region.

Similarly, southern and Mediterranean destinations in Europe, such as Turkey, have also benefited from unrest elsewhere, the report noted.

Tourism globally fell sharply following the economic downturn. But last year the sector rebounded strongly, with 6.6 per cent growth in arrivals to 940 million, while international tourism receipts grew 4.7 per cent to US$919 billion (Dh3.37 trillion).

"We must remain cautious as the global economy is showing signs of increased volatility," said Taleb Rifai, the agency's secretary general. "Many advanced economies still face risks posed by weak growth, fiscal problems and persistently high unemployment. Simultaneously, signs of overheating have become apparent in some emerging economies."

The organisation is much less optimistic about prospects for the second half of this year.

"Following an encouraging first half of 2011, growth in the remainder of the year is expected to soften somewhat as recent months have brought increased uncertainty, hampering business and consumer confidence."

There was growth of 6 per cent for tourism arrivals to the Americas in the first half, the figures showed. Asia and the Pacific was up 5 per cent, Europe 6 per cent and arrivals to sub-Saharan Africa 9 per cent.

"Growth in advanced economies has maintained strength and is closing the gap with emerging economies, which have been driving international tourism growth in recent years," the organisation said. "This trend reflects the decreases registered in the Middle East and North Africa."

Last year, the Middle East was the fastest-growing region for arrivals, up 14 per cent, following a decline of 4 per cent in 2009. China last year grew in popularity as a tourism destination, moving up the rankings in terms of arrivals and receipts to third and fourth place respectively.

China also overtook the UK last year to become the third-biggest international tourism spender, with the Asian country quadrupling its expenditure on tourism since 2000.

France, with 77 million tourists, was top last year in terms of arrivals. The US was first for tourism receipts with $104bn and in second place for arrivals.

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Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
SANCTIONED
  • Kirill Shamalov, Russia's youngest billionaire and previously married to Putin's daughter Katarina
  • Petr Fradkov, head of recently sanctioned Promsvyazbank and son of former head of Russian Foreign Intelligence, the FSB. 
  • Denis Bortnikov, Deputy President of Russia's largest bank VTB. He is the son of Alexander Bortnikov, head of the FSB which was responsible for the poisoning of political activist Alexey Navalny in August 2020 with banned chemical agent novichok.  
  • Yury Slyusar, director of United Aircraft Corporation, a major aircraft manufacturer for the Russian military.
  • Elena Aleksandrovna Georgieva, chair of the board of Novikombank, a state-owned defence conglomerate.
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
 
 
 
 
 
 
 
Maestro
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The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Company%20profile
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BRIEF SCORES:

Toss: Nepal, chose to field

UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23

Nepal 132-7: Jora 53 not out; Zahoor 2-17

Result: UAE won by 21 runs

Series: UAE lead 1-0

GOODBYE%20JULIA
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The specs

Engine: 4-litre twin-turbo V8

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Brief scores:

Manchester City 2

Gundogan 27', De Bruyne 85'

Crystal Palace 3

Schlupp 33', Townsend 35', Milivojevic 51' (pen)

Man of the Match: Andros Townsend (Crystal Palace)

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