Turkey’s cruise industry, valued at $3 billion in 2023, is poised for significant growth in 2025, fueled by new winter cruises and the ongoing geopolitical instability affecting other eastern Mediterranean destinations. Cruise ship…
Restaurant and café owners in Jordan are urging the government to lift the ban on shisha, the popular waterpipe smoking device, after a noticeable decline in demand, particularly in tourist restaurants. The call…
Saudi Arabia is focusing heavily on high-end tourism to establish itself as a premier global destination, with plans to invest $800 billion in expanding its tourism sector. The country has partnered with Arsenale…
Dubai Taxi Company has declared a total dividend payout of AED282 million ($77 million) for 2024, reflecting a strong financial performance and a nearly 50% increase in its share price since its listing…
Emaar Properties, Dubai’s largest publicly listed developer by market capitalization, plans to increase its investments in Egypt to $25 billion over the next three years, up from its current commitment of $18 billion.…
The cost of dining out in Dubai is increasing, particularly when it comes to alcoholic beverages, with the city now ranked as the third-most expensive globally for a half-litre of draught beer, averaging…
Edward is a seasoned economic analyst with over a decade of experience in financial journalism. He specializes in macroeconomic trends, global markets, and policy analysis, offering readers deep insights into the forces shaping the world economy. His work has been featured in leading financial publications, and he is known for his ability to break down complex economic concepts into understandable narratives.
Global stock markets saw a strong rally today following the release of optimistic inflation data. The latest reports indicate a slowdown in price increases, fueling investor confidence and raising hopes of a more stable economic outlook. Analysts suggest that central banks may reconsider aggressive interest rate hikes, further boosting market optimism.
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