Tourism in MENA: What would it take?
The tourism sector is a key part of MENA’s economic growth, playing a relatively greater role than elsewhere in the world. The pandemic meant significant losses that are unlikely to be recuperated this year. In this week’s regional overview, we assess the impact, using Egypt, Morocco and the UAE as case-studies. We explore:
- The economic importance of tourism to the three countries;
- Whether domestic tourism can alleviate the shortfall;
- The likely impact of government-led initiatives to revive the sector, for both domestic and international tourists.
Florence Eid-Oakden, Ph.D, Chief Economist
Ghalia Al Bajali, Michelle Tawil, Bouchra Abaakil, Analysts
The Regional Views series are thematic papers aimed at identifying and analysing factors behind medium to long-term economic trends shaping the region. Our analysis draws conclusions that help businesses and investors get ahead of the curve. As a firm staffed by Middle Easterners, we focus on insight rather than standard analysis.
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