INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Jordan endorses tourism national strategy as pandemic abates

The number of visitors to Petra city saw a hike of 118 percent at the end of 2021 compared to 2020. AFP
  • Nayef Fayez, tourism minister, said tourism in 2021 saw an improvement, especially in the second half of the year
  • Fayez highlighted the strategy to attract more tourists to the country was developed in partnership with the private sector

The Jordanian cabinet Sunday endorsed the national strategy for tourism from 2021-2025 that seeks  reinvigoration of tourism in the aftermath of the coronavirus pandemic.

Nayef Fayez, tourism minister, said tourism in 2021 saw an improvement, especially in the second half of the year, reaching its peak in August with 383,000 tourists. He attributed the recovery to the opening up of the country, which increased the number of foreign tourists.

Fayez highlighted the strategy to attract more tourists to the country was developed in partnership with the private sector, emphasising that its main focus is to  generate more revenue and create job opportunities.

He said the strategy is in line with the government’s economic priorities for 2021-2023 that included tourism.

The Cabinet also approved the building and urban planning law 2021