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

Bahrain eyes 14m tourists a year by 2026

Dilmun Burial Mounds in Bahrain is a UNESCO World Heritage site. AFP.
  • The kingdom also aims at 11.4 percent of GDP to come from the tourism sector by 2026.
  • Developing marine attractions, business tourism, sports tourism, recreational tourism and medical tourism among targets.

Bahrain aims to increase the number of tourists visiting the kingdom to 14.1 million a year by 2026.

Under the new 2022-2026 tourism strategy, announced by tourism minister Zayed R AlZayani, Bahrain also aims at an average daily visitor spend of 74.8 Bahraini dinars (about $199) and raising the average tourist stay to 3.5 days.

AlZayani said Bahrain is working on increasing the contribution of the tourism sector to GDP, which he said was raised to 7 percent currently, up from 4 percent in 2015, by the efforts of the Bahrain Tourism and Exhibitions Authority.

The Authority targets the contribution of tourism to GDP to reach 11.4 percent by 2026.

The minister said the strategy relies on seven pillars: developing marine attractions, business tourism, sports tourism, recreational tourism, medical tourism, cultural tourism, and media tourism and cinematography.

Bahrain Tourism is developing several tourism projects, including the diving waterfront, the Bahrain Bay beach project, and the Qalali Coast waterfront.

Other projects include the development of tourist resorts such as the Mantis Hotel and Resort in the Hawar Islands, the Jumeirah Bahrain Bay Resort, the Tourist City project, the Bilaj Aljazayer Beach development project, and the Saada project.