KSA: transformation on an unprecedented scale
Saudi Arabia’s far-reaching vision to diversify its economy and boost the non-oil sector is delivering extraordinary results, ensuring that the Kingdom remains firmly in the headlines and on investors’ radars. Nada Alameddine, managing partner at Hodema Consulting Services, charts the latest developments in KSA’s fascinating growth story, which range from giga-project pipelines and an ever-expanding private sector to record tourism revenues.
Regional casinos: a safe bet or a long shot?
While the legalization of gambling in the Middle East has long been a topic of fierce debate, news of industry developments in the UAE have now put this contentious issue firmly back in the spotlight. Against that backdrop, Ralph Nader, CEO of Amber Consulting, assesses the odds of the region positioning itself as a global gaming hub and go-to destination for casino giants.
Why cities are back on must-visit lists
Having risen from the depths of the pandemic, urban centers are today riding high on a wave of success, with visitors returning to these traditionally popular destinations in ever-growing numbers. Nagi Morkos, founder and managing partner of Hodema Consulting Services, takes us on a whistlestop tour during which he explains why cities are booming.
Midscale and economy: the new kids on the block
Firmly established as a hospitality investment hotspot, the GCC is now witnessing new industry trends, including growth beyond the luxury segment. These efforts to boost visitor numbers by broadening the tourism offering are already paying dividends in key regional destinations, as Kostas Nikolaidis, Middle East and Africa executive for STR, explains.
UAE and Saudi Arabian travel will further develop GCC tourism
Al Rais Travel has highlighted the latest trends supporting the growth of the tourism industry in the UAE, Saudi Arabia and the rest of the GCC, as visitors from key source markets — including the UK and China — continue to rise.
A snapshot of Qatar’s evolving hospitality landscape by Knight Frank
In the wake of the successful 2022 FIFA World Cup, Qatar’s hospitality sector is making headlines in the Knight Frank 2023 summer report. Indeed, the report delved into the expanding hotel room supply, marking a robust trend post World Cup.
The booming cigar market in the Middle East
The tobacco industry in the Middle East is expected to continue growing despite a global decline in tobacco consumption. Ronak Shah, associate VP at Future Market Insights, outlines the industry trends and what’s driving growth.
What is driving innovation in food products?
The customer is king: an age-old mantra that is particularly true in highly competitive global industries such as F&B. Mark Napier, VP of Dubai World Trade Centre, addresses the driving forces behind food product innovation and the role consumers have in shaping these decisions.
Unleashing the F&B potential of emerging markets
In a region marked by transition and transformation, food entrepreneurs have plenty of choice when it comes to choosing a destination for a new project. However, while emerging markets are brimming with opportunities, they also present unique challenges. Christian Salloum, managing director of BrandPortunity F&B Consulting, offers a checklist for businesses eyeing openings in changing landscapes.