DFM ---ADX ---
2hAdnoc Continues Global Ascent as Energy Brands See Significant Value GainsBusiness
3hDubai’s DIFC Strengthens Ties with Japanese Tech SectorBusiness
4hIndiGo Eyes Expansion: In Talks to Purchase 100 Embraer JetsBusiness
4hADIB Launches Dh1.75 Billion Rights Issue: A Guide for InvestorsBusiness
5hDubai Court Orders Eviction for Tenant After Missed Rental PaymentsBusiness
5hUAE Rolls Out Dh1 Billion Interest-Free Loan Program to Revitalize Domestic ManufacturingBusiness
8hPearl Petroleum Secures $500 Million in Bond Issuance for Iraqi Gas ExpansionBusiness
8hUAE’s High-Growth Sectors: Top Roles Offering Up to Dh200,000 Monthly by 2027Business
8hIs Your UAE Tech Startup’s Accounting Strategy Costing You Thousands in Taxes?Business
8hDubai’s Dhanteras gold rush: UAE shoppers secure prices before DiwaliBusiness
10hOil Markets Soften as Diplomacy Hopes RiseBusiness
10hUAE Non-Oil Sector Sees Record Price Hikes Amid Strong DemandBusiness
10hThe Future of Arts Philanthropy in the UAEBusiness
1dADNOC Gas Inks Major Five-Year LNG Supply Deal with TotalEnergiesBusiness
1dNavigating Market Volatility: The New Strategy for Global RefinersBusiness
1dSaudi Aramco Profit Soars Amidst Heightened Regional ConflictBusiness
1dDubai’s IPO Outlook Remains Bright as Exchange Eyes New ListingsBusiness
1dUAE’s XRG Enters Australian LNG Market with $1.45 Billion Shell Stake AcquisitionBusiness
1dFive Nations Seek Global Energy Capital at Adipec 2026Business
1dDubai Gold Prices Dip as Global Markets Experience a DownturnBusiness
1dUAE Regulator Strengthens Market Integrity with New Investor Protection InitiativesBusiness
1dUAE AI Minister Predicts Industry Consolidation and Long-Term GrowthBusiness
1dDP World Expands China-Africa Trade Route with New Weekly Shipping ServiceBusiness
1dBinance Customers Withdraw $4.7B Following Historic Cyber HeistBusiness
1dDubai Tourism Thrives Amid Regional ChallengesBusiness

Middle East Set to Lead Global Tourism Recovery Over Next Decade

Thu, Aug 6, 2026(90d ago)Business

While the Middle East travel and tourism sector is currently navigating a difficult period, marked by a projected $56 billion contraction this year due to regional geopolitical tensions and airspace disruptions, experts remain optimistic about the long-term outlook. According to the World Travel & Tourism Council (WTTC), although the region is experiencing a temporary dip in GDP—partly fueled by flight suspensions and instability following recent conflicts—it is poised to overcome these hurdles. Historically, the Middle East has proven its ability to bounce back, and this current downturn is viewed as a passing phase for a region that serves as a vital bridge for international aviation.

Looking ahead, the WTTC anticipates a robust turnaround, projecting the Middle East to become the fastest-growing tourism region in the world between 2026 and 2036. The sector is expected to expand at an impressive annual rate of 6.3 percent, reaching a staggering $605 billion in value by 2036. This growth will be anchored by the resilience of key markets like Saudi Arabia, the UAE, Oman, and Qatar. With the UAE maintaining its status as a mature, world-class hub and Saudi Arabia witnessing a massive surge in international visitor spending, these nations are set to solidify the region's position as a dominant force in global travel for the next decade.

Comments0
No comments yet. Be the first to share your thoughts.