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GCC - Islamic Finance industry to grow at 5%

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 Insights

25-Jun-19 A report from S&P estimates Islamic finance will show only 5 percent growth in 2019-2020, owing to tepid conditions in certain core markets. In the GCC, "Fintech could stimulate growth by making transactions quicker, more secure, and easier to implement." [image: Zawya / Getty Images]

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Exporting Chinese energy expertise to the Middle East

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 Insights

09-Jun-19 The Middle East has been China's primary source of energy exports for decades but the Asian giant is now returning the favour. Chinese companies are helping develop some of the Middle East's most ambitious energy projects to meet surging demand. [image: Zawya]

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Travel trends shift as UAE residents explore new destinations

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 Insights

28-Apr-19 Travel marketplace Wego ranks Egypt first for MENA travellers, followed by India, Saudi Arabia, Turkey and USA. "55 percent of travellers in 2019 booked a 12+ day flight compared to 39 percent in 2018," said Mamoun Hmedan, Director, Wego. [image: Alamy / Khaleej Times]

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Abu Dhabi to increase spending on tourism marketing by USD136 mn

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 Insights

13-Mar-19 Abu Dhabi has allocated AED0.5 bn (USD136 mn) for tourism marketing over three years. The funding will highlight attractions such as Louvre Abu Dhabi and Warner Bros World, and the Guggenheim Abu Dhabi project is reportedly also 'still active'. [image: Lourve Abu Dhabi / Handout via Thomson Reuters Zawya]

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