The economic downturn resulting from lower global commodity prices and the completion of the PNG LNG project means the future of Papua New Guinea must be navigated with care. The country possesses plentiful natural resources, which, given effective management, could provide new revenue to spur diversification, as well as sustainable and equitable growth in all provinces.
Articles & Analysis | What reforms are supporting Egypt's tourism industry? from The Report: Egypt 2020
After years of recovery following the decrease in tourism that resulted from the 2011 revolution, Egypt is once again attracting international visitors, with annual growth for 2020 projected in double figures. Although the spread of the Covid-19 pandemic significantly impacted the global tourism industry throughout the first half of 2020, it...
Articles & Analysis | What kind of investment will attract tourists to Egypt? from The Report: Egypt 2020
Infrastructure investment is a key pillar under reforms put forward by the Ministry of Tourism and Antiquity (MoTA) in 2018. These reforms recognise the need to develop existing infrastructure and increase overall capacity. Tourist arrivals have risen steadily in recent years, reaching 12.6m in 2019. Although visitor numbers in the first half...
After years of recovery following the 2011 revolution, Egypt is once again a sought-after tourist destination. In 2019 the sector contributed LE496.4bn ($30.6bn) to GDP, representing around 9.3% of the total, a 0.2% increase on the previous year. Although the spread of Covid-19 significantly impacted the industry in the first half of 2020, it is expected that growth will resume in 2021. Rising...
Articles & Analysis | What cultural offerings are attracting tourists to Abu Dhabi? from The Report: Abu Dhabi 2020
The global Covid-19 pandemic has significantly impacted the global tourism industry in 2020; however, with demand likely to be high after months of enforced isolation, the tourism sector is hopeful there will be a recovery in activity once international travel is able to resume. The substantial growth of the tourism segment in recent years...
Articles & Analysis | How natural assets are driving ecotourism in Abu Dhabi from The Report: Abu Dhabi 2020
Environmentally protected areas – including sandy deserts, oases, mountains, beaches and salt plains – make up 5000 sq km of the UAE’s territory, and as the largest emirate, Abu Dhabi benefits greatly from its share of these, as does its growing ecotourism segment. Indeed, most of the emirate’s protected areas are open to visitors, with...