Arabian Post Staff A recent report by the World Travel and Tourism Council (WTTC) stated that Dubai has topped the list of cities with the highest spending by international visitors this year, pulling ahead international cities such as London. The Gulf tourism and finance hub has ranked in $29.4 billion in international visitor spending so far this year, overtaking London with $16.1 billion, WTTC said in its […]
Arabian Post Staff The current commodity price boom is affecting the region’s commodity exporters and importers differently. Commodity exporters are benefiting from a marked improvement in their terms of trade, while commodity importers are feeling the pain of higher imported energy and food prices. A key question is how countries are managing this boom relative to past experience, particularly as the current commodity price shock is occurring […]
Dubai has risen rapidly in popularity since the turn of the twenty-first century. The goal of the city’s ambitious tourism strategy, which it has already nearly completed, is to draw 25 million tourists annually by the upcoming years. Dubai is home to various attractions. This Dubai City Sightseeing Tour visits the Burj Khalifa, Jumeirah Mosque, Jumeirah Beach, Burj Al Arab, Atlantis Hotel, Mall of Emirates, the Jumeirah […]
By Dr Arun Mitra The group of 20 countries, nick named as G20 includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union. So far seven summits of the G20 have been held. […]
The post Nuclear Disarmament Should Be Priority Agenda Of India Led G20 In 2023 first appeared on IPA Newspack.
Are you one of the 12.8% of the US poverty rate? Do you have outstanding debts that have you stressed and unsure of how to recover on hard times? Do you want to get back onto the upward upswing of the financial bell curve, but how do you do that?[/caption] By following some strategies and steps to recovery, you can elevate yourself back into prosperity and a financial crisis […]
By James M Dorsey Pomp and circumstance are important. So are multiple agreements to be signed during Chinese President Xi Jinping’s visit to Saudi Arabia this week, his first venture beyond East and Central Asia in three years. No doubt, Xi’s reception will be on par with the welcoming of Donald J. Trump when he […]
The post Xi’s Visit To Saudi Arabia Amounts To More Than Pomp And Ceremonies first appeared on IPA Newspack.
By K Raveendran India is leading a global recovery in gold jewellery. This is despite the fact that gold prices have hit a five-month high. The demand engine is driven by urban consumers, encouraged by a return to pre-covid levels of economic activity. Rural consumers were more cautious as their inflation outpaced that of their […]
The post India Leads World Gold Jewellery Demand Recovery After Covid Blues first appeared on IPA Newspack.
By Anjan Roy The global oil market is entering a critical phase as the European Union’s price cap for Russian oils comes into immediate effect. The EU has set a price cap of $60 per barrel for Russian oils. Oil prices have hovered around $80 per barrel, and the EU price is not far below […]
The post Western Price Cap On Russian Oil May Lead To Further Global Recessionary Pressure first appeared on IPA Newspack.
By James M Dorsey Hungary didn’t qualify for the Qatar World Cup, but that hasn’t stopped Prime Minister Victor Orban from exploiting the world’s current focus on soccer to signal his Putinesque definition of central European borders as defined by civilization and ethnicity rather than internationally recognized frontiers. Orban drew the ire of Ukraine and […]
The post Hungary Exit At Doha No Deterrent For PM To Promote Civilizationalist Agenda first appeared on IPA Newspack.
By K Raveendran The price cap of $60 for Russian crude is coming into force full steam, with EU countries joining the G-7 and American punitive measure aimed at squeezing out Moscow’s financial resources so as to force it abandon the Ukraine war. A few countries, such as Poland, had initially refused to toe the […]
The post EU Price Cap Of $60 For Russian Oil Takes Hold, Advantage For India first appeared on IPA Newspack.
Arabian Post Staff In the face of the COVID-19 pandemic, a new Gulf consumer is emerging, one with shifting financial sentiments and spending habits, says a McKinsey report. According to its latest Middle East Consumer Sentiment Survey, UAE and Saudi Arabia shoppers are becoming more price sensitive. Twenty-seven percent of UAE respondents earning less than 7,000 dirhams ($1,905) a year reported a preference for trading down in […]
By James M Dorsey Protest on the soccer pitch has proven to be a mixed blessing for World Cup host Qatar, exposing double standards in the Gulf state’s position as well as that of its critics. Qatar embraced protest when it supported Qatari policies, such as the Gulf state’s increasingly assertive denunciation of double standards […]
The post Protests Emerge As Mixed Blessing For World Cup Host Qatar first appeared on IPA Newspack.
By Saifur Rahman Saudi Arabia plans to build the world’s largest airport at a 57 square kilometre patch of land in the country’s capital city Riyadh that, once complete, will handle up to 185 million passenger annually. This will create the largest gateway to the Kingdom as it plans to attract greater number of international tourists to the new tourism and entertainment destinations currently being built in […]
