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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.
Bu hikaye Forbes Middle East - English dergisinin May 2024 sayısından alınmıştır.
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Bu hikaye Forbes Middle East - English dergisinin May 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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WATCHING OUT FOR THE WEALTHY
Faisal Al-Hamad, CEO of Kuwait-based NBK Wealth, has been leading the NBK Group's client-centric businesses under a unified umbrella since 2021. With over $20 billion in assets under management, he's now planning for expansion.
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Middle East Forbes THE MIDDLE EAST'S TOP 100 TRAVEL & TOURISM LEADERS 2024
Thanks to their geographical position and historical and cultural richness, Middle East countries are attracting both tourists and investors.
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New Forbes billionaire Kabir Mulchandani, Founder and Chairman of FIVE Holdings, is building an entertainment ecosystem with a sustainable footprint. Now, he's talking IPO plans.
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Hussain Sajwani, Founder and Chairman of the DAMAC Group, has built a property empire and accumulated over $5 billion in wealth since establishing the group in 1982. As he continues to seek out new opportunities, he's also supporting the next generation as they follow in his footsteps.
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The Middle East's RICHEST BILLIONAIRES 2024
It's been a banner year for the mega-wealthy. Forbes found an unprecedented 2,781 billionaires around the globe for this year's World's Billionaires list-141 more than in 2023 and 26 more than the previous record, set in 2021.
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Investors have blown billions of dollars on loss-making luxury clothing resale firms. VINTED, an unlikely startup from Lithuania, finally cracked the code.
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JORGE MAS took a risk with a lucrative bet on Lionel Messi and quickly transformed Inter Miami into MLS's second billion-dollar franchise. But now the clock is ticking.
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Reasons To Seek Adventure
Whether it’s the exhilaration of free-falling out of the sky or the thrill of being immersed among the shark-filled reefs of the Indian Ocean, adventure enthusiasts are drawn by the allure of life-changing experiences. Here are some reasons why.
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THE MIDDLE EAST'S 30 MOST VALUABLE BANKS 2024
MENA’s banking sector has shown resilience over the last year, supported by higher interest rates and oil prices.
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INVESTING AT YOUR FINGERTIPS
Ahmad Hammouda and Seif Amr, Cofounders of Egypt-based digital investment platform Thndr, are facing competition from brokerages and investment banks to democratize investing. Having seen exponential growth in four years, they’re now looking at expanding to the U.A.E. and Saudi Arabia.