The move by Abu Dhabi’s Executive Committee to form an infrastructure committee to oversee the development and operation of infrastructure in the emirate is an important step at a critical time for the construction sector, said GlobalData, a leading data and analytics company.
The Dubai Government’s decision to put future projects on hold is unsurprising as COVID-19 weighs down on global economies.
A total 215 deals were announced in the Asia-Pacific (APAC) region during the week ended March, 29, which is a decrease of 18,6 percent over 264 deals announced during the previous week, according to GlobalData’s deals database.
Total tourism and leisure industry deals for February worth USD10,41 billion were announced globally, according to GlobalData’s deals database.
According to leading data and analytics company GlobalData, outbound and inbound air travel in Malta is expected to increase at CAGRs of 6,9 percent and 6,6 percent respectively between 2020 and 2023. The Air Malta agreement with Qatar Airways will offer increased connectivity from Malta to regions such as Africa, which Qatar Airways has been heavily investing in recent years.
Total tourism and leisure industry deals for September worth USD8,96 billion were announced globally, according to GlobalData’s deals database.
The number of international travellers from India to the UAE is set to grow from 2,6 million in this year to 3,3 million in 2023, increasing at a compound annual growth rate (CAGR) of 6,1 percent, according to GlobalData, a leading data and analytics company.
Following the news September 27 that Saudi Arabia has introduced reforms to its visa regulations and dress-code restrictions for women to encourage foreign tourists, Richard Thompson, editorial director, GlobalData, a leading data and analytics company, offered his view on Saudi Arabia’s tourism market.
Tourism friendly policies, low cost connectivity and weak currencies played a vital role in attracting international visitors to Asia with six out of the top 10 cities in terms of international visitor arrivals in 2018 were from the region, according to GlobalData, a leading data and analytics company.
Following the news on February 14 that Airbus is ceasing production of its A380 aircraft, Nick Wyatt, head of travel & Tourism, GlobalData, a leading data and analytics company, offered his view on this development.