The Finance World Magazine| Edition: March 2023
The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil. In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups. Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil.
In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups.
Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector.
Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Travel News<br />
Discover Qatar unveils<br />
three new transit tours<br />
Discover Qatar, the country’s<br />
destination management<br />
company, has launched three<br />
new transit tours for travelers<br />
passing through Hamad International<br />
Airport. <strong>The</strong> tours aim to provide<br />
passengers with an immersive experience<br />
of Qatari culture, heritage, and history<br />
during their layover. <strong>The</strong> tours include<br />
a city tour of Doha, a cultural tour of<br />
Al Zubarah, and an adventure tour of<br />
Khor Al Adaid. Each tour is led by a<br />
local guide and includes transportation,<br />
refreshments, and a complimentary visa.<br />
<strong>The</strong> tours range from four to six hours<br />
and are suitable for all ages. <strong>The</strong> new<br />
transit tours aim to encourage visitors<br />
to explore Qatar beyond the airport and<br />
boost the country’s tourism industry.<br />
Bahrain tourism sector<br />
tops targets; revenue<br />
hits $4B<br />
Bahrain’s tourism sector has<br />
exceeded expectations by<br />
generating over $4B in revenue,<br />
surpassing its target of $3.3B.<br />
<strong>The</strong> country’s tourism industry has been<br />
steadily growing, with a 43% increase<br />
in the number of visitors in the last<br />
five years. <strong>The</strong> increase in revenue is<br />
attributed to a rise in hotel occupancy<br />
rates and increased spending by tourists.<br />
<strong>The</strong> government has implemented several<br />
initiatives to boost tourism, such as<br />
expanding the airport, introducing new<br />
tourist attractions, and simplifying visa<br />
procedures. <strong>The</strong> success of the tourism<br />
industry has contributed to Bahrain’s<br />
economic growth and diversification,<br />
making it an attractive destination for<br />
both business and leisure travellers.<br />
Riyadh’s Public Transport<br />
Buses to Hit the Roads<br />
in <strong>March</strong><br />
Residents of Riyadh can finally<br />
look forward to a more convenient<br />
and accessible means<br />
of transportation as the city’s<br />
long-awaited public transport buses<br />
are set to launch in <strong>March</strong>. <strong>The</strong> Riyadh<br />
Development Authority announced that<br />
the first batch of buses will operate on<br />
12 routes across the city, with more<br />
routes to be added in the future. <strong>The</strong><br />
new buses are expected to help reduce<br />
traffic congestion, improve air quality,<br />
and make commuting more affordable<br />
for residents. This initiative is a<br />
significant step towards modernizing<br />
the city’s transportation system and<br />
providing better services to its growing<br />
population.<br />
UAE Residents Can Enjoy<br />
Complimentary Tickets<br />
to Hong Kong<br />
In an effort to boost tourism, the Hong<br />
Kong Tourism Board has announced<br />
an exciting offer for UAE residents.<br />
Starting from February 22, <strong>2023</strong>,<br />
UAE residents can fly to Hong Kong, or<br />
back to the UAE, with complimentary<br />
tickets. <strong>The</strong> initiative, dubbed “Fly for<br />
Free,” aims to encourage more visitors<br />
from the UAE to travel to Hong Kong<br />
and experience its vibrant culture and<br />
attractions. <strong>The</strong> offer is valid for a limited<br />
time and subject to terms and conditions.<br />
<strong>The</strong> Hong Kong Tourism Board hopes<br />
that this promotion will inspire travelers<br />
to explore the dynamic city and support<br />
its hospitality and tourism industries.<br />
<strong>March</strong> <strong>2023</strong> www.thefinanceworld.com 97