Analysis

Higher education driving patent innovation
OBG
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In terms of the filing of international patents, 2022 was a record-breaking year, with higher education playinga significant role in driving innovation and expanding international practices regarding intellectual property (IP). The UNWorld Intellectual Property Organisation (WIPO) reported in February 2023 that 278,100 international patents had been filed globally in 2022, a 0.3% increase…

Analysis

Local pharmaceuticals production to bolster Oman’s self-sufficiency
OBG
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To boost local production of pharmaceutical goods and medical devices, Oman unveiled plans in 2020 to establish new pharmaceutical factories that would help ease reliance on imports, increase national output, and diversify the economy and export revenue. There were five local companies producing medicines and medical equipment when the plans were announced; Oman is seeking to develop five additional…

Analysis

Sustainability and new strategies reinvigorate global tourism
OBG
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As emerging markets develop new attractions and tap into new visitor source markets, they are leveraging technology and sustainable development in line with emissions targets. Following sharp declines in 2020, international tourism figures rebounded in 2021 to reach approximately 63% of pre-Covid-19 pandemic levels in 2022. Notably, in September of that year arrivals in the Middle East and the Caribbean…

Analysis

How the global tourism industry is adopting sustainable practices
OBG
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The global tourism industry – which accounted for 10% of GDP and 8% of global emissions in 2019 – is faced with the challenge of ensuring continued growth while working towards net-zero emissions goals. Several stakeholders in emerging markets and further afield offer useful case studies to understand what a decarbonised future for the industry could look like. The global tourism industry faces…

Analysis

How partnerships promote GCC as international travel destination
OBG
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In 2022 the Middle East witnessed the sharpest relative increase in international arrivals of any region in the world, solidifying its rebound from the disruption of the Covid-19 pandemic and further raising its profile as an increasingly attractive destination for inbound tourism. According to the UN World Tourism Organisation (UNWTO), in 2022 international arrivals in the Middle East recovered to…