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Middle East Forbes THE MIDDLE EAST'S TOP 100 TRAVEL & TOURISM LEADERS 2024

Forbes Middle East - English

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May 2024

Thanks to their geographical position and historical and cultural richness, Middle East countries are attracting both tourists and investors.

Middle East Forbes THE MIDDLE EAST'S TOP 100 TRAVEL & TOURISM LEADERS 2024

In 2023, the Middle East's visitor numbers surpassed pre-pandemic levels, with a 22% increase in international tourist arrivals compared to 2019, according to UN Tourism.

Saudi Arabia saw the number of international visitors to the kingdom grow by 56% last year compared to 2019. It also hit a new record in international tourist receipts, with inbound spending reaching over $37 billion in 2023. Dubai attracted 17.15 million international visitors in 2023, a 19% increase compared to 2022. Egypt received 14.9 million tourists in 2023, while Qatar received four million. Meanwhile, Middle Eastern airlines saw a 33.3% increase in traffic in 2023 compared to 2022, according to the International Air Transport Association.

FLERE HISTORIER FRA Forbes Middle East - English

Forbes Middle East - English

Forbes Middle East - English

FLYING AHEAD

Earlier this year, flynas became the first ever listed carrier in Saudi Arabia to go public, raising $1.1 billion in its landmark IPO. Managing Director and CEO Bander Almohanna now has his sights set on further route expansion and new destinations.

time to read

7 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

The Vibe-Coding Factory

Stockholm-based LOVABLE has become the world's fastest-growing software startup, hitting over $100 million in annualized revenue in just eight months by using Al to enable millions of non-coders to instantly turn their ideas into websites, apps and online side hustles.

time to read

6 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

Navigational Hazards

Even with nepotism, protectionism and infinite” liquefied natural gas, THOMAS CROWLEY JR. shows it ain’t easy being the third generation to run an American shipping company.

time to read

6 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

REDEFINING LUXURY

Noelle Homsy and Chris Nader built luxury ecolodge brand ENVI Lodges to redefine what it means to travel luxuriously and responsibly in the experiential outdoor hospitality space. Now, as they move towards closing their third funding round, bigger plans are on the horizon.

time to read

6 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

RESILIENT EXPANSION

Kamel Abou-Aly, Founder and Chairman of Pickalbatros Hotels Resorts, began building his hospitality empire in Egypt 33 years ago. With 5 billion invested at home and abroad, the group continues to expand while strengthening Egypt’s position as a global tourism hub.

time to read

7 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

TOP 100 TRAVEL & TOURISM LEADERS 2025

Despite ongoing challenges in the Middle East, the region remains a hotspot and a key global tourism hub, driven by diverse attractions the GCC and a robust pipeline of ongoing developments.

time to read

4 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

Time to Beat Apple

Small value stocks haven't been doing well. But money manager MILES LEWIS makes the case that at a time of turbulence on Wall Street, they are ready for a rebound.

time to read

4 mins

July 2025 English

Forbes Middle East - English

Forbes Middle East - English

CAPITAL CATALYST

America’s largest bank, J.P. Morgan, is deepening its MENA footprint under Khaled Hobballah, Senior Country Officer for MENA and Head of Markets for MENA Tirkiye. As the region gains strategic weight, Hobballah is shaping how global finance flows through the fastest-growing hub.

time to read

6 mins

July 2025 English

Forbes Middle East - English

Forbes Middle East - English

GLOBAL MEETS LOCAL 2025

As global corporations deepen their roots in MENA, the region continues to evolve into a magnet for investment, innovation, and cross-border collaboration.

time to read

3 mins

July 2025 English

Forbes Middle East - English

Forbes Middle East - English

EVERYTHING AI

David Meads, Vice President for the Middle East, Africa, Türkiye, Romania, and the Commonwealth of Independent States at Cisco, returned to the region last year to plug into its full tech-leading potential. With Al dominating conversations and partnerships powering growth, he's seeing fast results.

time to read

6 mins

July 2025 English

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