Featured
Oman scores high on global travel & tourism competitiveness index
Oman has moved eight places to 58 among a survey of 140 nations according to World Economic Forum’s Travel & Tourism Competitiveness Index (TTCI) 2019 released recently.
The survey, which is conducted biennially, also found that Oman is the safest country in the Middle East and North Africa (MENA) region and is the third safest in the world. The Sultanate finds itself in the third spot on the back of lower homicides rates (19th in the world), a reliable police force (5th), and low costs of terrorism (7th) and crime (3rd).
The report adds that the country has also seen the quickest improvement in its human resources and labour markets (103rd to 65thfor the region) and has also seen the most advancements in international openness (116th to 97th), environmental sustainability (109th to 57th) and overall infrastructure (60th to 52nd).
According to the report, the MENA region has vastly improved its T&T competitiveness since the last edition of the TTCI. The report said, “With 12 of the 15 MENA economies covered by this year’s index increasing their score compared to 2017, the region was able to slightly outpace the global average in competitiveness growth. This is particularly important given that, in the aggregate, T&T accounts for a greater share of regional GDP than in any of the other four regions.”
READ: Big Spenders: Dubai, Makkah top Mastercard ranking
While eight out of 11 Middle East members did well on their score card since 2017, UAE saw the sharpest decline (from 29thto 33rd), including the biggest fall in safety and security (falling from 2nd to 7th) and ground and port infrastructure (19th to 31st) It also the only one in the Middle East region to drop the ball on environmental sustainability (40th to 41st). However, the country remained top TTCI scorer in the Middle East with a lead on ICT readiness (4th), air transport (4th) and tourist service infrastructure (22nd).
The top 10 scorers this year include Spain, France, Germany, Japan, the United States, the United Kingdom, Australia, Italy, Canada and Switzerland.
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, November 24
-
OER Magazines1 month ago
OER Magazine: December 2024 Edition – The Most Trusted Brands in Oman
-
Energy2 months ago
Oman and Belgium Strengthen Green Hydrogen Partnership with New Landmark Agreement
-
Energy2 months ago
OUTLOOK: Emerging Markets and Renewables – The Twin Engines of Energy Growth for 2025
-
Technology1 month ago
EXCLUSIVE: Technological Singularity – Will It Become Humanity’s Greatest Leap or Its Most Perilous Step?
-
Magazines2 months ago
OER Magazine: November 2024 Edition
-
Oman2 months ago
Oman Braces for Launch of First Experimental Rocket Duqm-1 on 4 December 2024
-
Oman2 months ago
Transport Ministry Issues New Regulation for Security of Ships, Ports
You must be logged in to post a comment Login