• Tourism

    Tourism is a fast-growing sector in many emerging markets. OBG analyses the latest statistics on visitors and spending, highlighting investment opportunities. Our research covers hotel developments, government incentives, demand for leisure facilities and the MICE segment.
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While Abu Dhabi has long been a destination for business and government travellers, recent expansion of the emirate’s culture and entertainment portfolio has meant the emirate’s hotel owners and developers have also had to widen their offering. This has dovetailed with the expansion of Abu Dhabi as an international transport hub, along with...

 

With a range of museums and heritage sites at its disposal, Abu Dhabi has a tourism offering with a strong cultural element. This underpins the emirate’s appeal as a destination and provides cultural attractions for the UAE’s domestic population. The sector is set for continued growth, as the emirate launched a fiveyear Culture Sector Strategy...

 

In what ways will the new five-year plan for the culture sector feed into overall strategies for boosting tourism, and how will this contribute to GDP?

Chapter | Tourism & Culture 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 demonstrates solid underlying fundamentals. Abu Dhabi...

Abu Dhabi is home to the world’s sixth-largest proven oil reserves and is working to achieve self-sufficiency in natural gas. It has been successfully pursuing diversification, particularly in terms of manufacturing, banking and ICT. While the global Covid-19 pandemic and decline in international oil prices poses challenges for the emirate, the fundamentals underpinning its economy remain strong.

With one of the biggest consumer markets in the region and robust fundamentals, Egypt is well placed to attract international investment and emerge from this difficult period in a strong position. Although the Covid-19 pandemic has caused considerable disruption, the government’s ongoing reform efforts have helped to mitigate the worst effects of the crisis.

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