INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Arab Tourism Organization, UNWTO sign memo to promote tourism

Arab Tourism Organization signs a cooperation memorandum with the World Tourism Organization. (File pic)
  • UNWTO Secretary Pololikashvili and ATO Secretary Fathi signed the memo at the 116th UNWTO Executive Council session, held recently in Jeddah
  • ATO spokesperson Dr Walid Al-Hinnawi said that the memo aims to develop the corporate and human capabilities and encourage investments

Arab Tourism Organization (ATO) has signed a cooperation memorandum with the World Tourism Organization (UNWTO)  to develop partnerships between the public and private sectors in activities and projects that contribute to the sustainable development of the tourism sector in Arab countries.

UNWTO Secretary General Zurab Pololikashvili and ATO Secretary General Sherif Fathi signed the memo on the sidelines of the 116th session of UNWTO Executive Council, which was held recently in Jeddah. 

ATO spokesperson Dr Walid Al-Hinnawi said that the memo aims to develop the corporate and human capabilities, encourage investments, unify sustainability and quality indicators and standards and the best practices for tourism governance.  

ATO Spokesperson Dr. Walid Al-Hinnawi said that holding the meetings of the UNWTO executive council in Saudi Arabia for the first time highlights the recent developments in the tourism industry in the kingdom and what they achieved within a record time.