Egypt inaugurated 2016 with a bunch of new economic decisions and international deals topped by the Central Bank of Egypt’s (CBE) new monetary measures. As a matter of fact, the lack of net foreign ... read more
According to Global Blue, tourist spending in Lebanon decreased by a yearly 12% in Q1 2016, compared to Q1 2015. This contraction is mainly attributed to the relatively lower spending by GCC nationals in ... read more
Investors’ confidence in the economic outlook of MENA countries did not improve in the last quarter of 2015. The geo-political risks of the region that kept on aggravating and the worsening oil prices ... read more
It was a busy last quarter in Egypt at all levels. The country completed the parliamentary elections between October and December 2015, thus concluding the 3rd and final step of its political roadmap. ... read more
2015 proved to be a very challenging year for the majority of global economies. However, while the Hashemite Kingdom was certainly affected in certain aspects, with the first six months proving to be ... read more
Similarly to the previous years, the United Arab Emirates (UAE) held on to its strategic goals despite the global economic headwinds and the escalating regional tensions. Deteriorating oil prices were ... read more
The number of tourist arrivals recovered in 2015 for the second year running, but a true rebound for the sector is still not attained. The purchasing power of visitors is more crucial than their number and ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon’s occupancy rate registered 53% in January 2016, up from 50% in January 2015. Among the MENA countries, Lebanon ranked ahead of ... read more
Lebanon’s tourism sector improved by the end 2015 as the number of incomers surged by 12.05% to reach 1.52M tourists. The number of European visitors, grasping 33.29% of the total, augmented by 12.87% ... read more
According to Global Blue, tourist spending in Lebanon increased by a yearly 2% in 2015. This improvement is linked to the recovery in the number of tourist arrivals in 2015; According to the Ministry of ... read more
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