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Middle East sovereign bonds outlook improves on higher oil prices | ZAWYA MENA Edition

Middle East sovereign bonds outlook improves on higher oil prices | ZAWYA MENA Edition The outlook for sovereign bonds in the Middle East has improved this year due to higher oil prices, increasing vaccination rates and reform measures implemented in key states in the region, according to UBS’ latest chief investment office report. However, risks continue to exist, such as slower global growth, monetary policy tightening and lower commodity prices. Regional tensions, as well as stringent Chine...
Tags: Travel, Africa, US, GCC, Middle East, Ubs, Uae, Rupert Neil Bumfrey, Gul, Michael Bolliger, UBS UBS, Ali Janoudi


Netflix, UNESCO Launch Competition to Find Next Generation of African Filmmakers

Netflix and the United Nations Educational, Scientific and Cultural Organization (UNESCO) have launched a short film competition on the theme “African Folktales, Reimagined” across Sub-Saharan Africa. Six competition winners will be trained and mentored by industry professionals and provided with a $75,000 production budget through a local production company to create short films that will […]
Tags: News, Africa, Global, Netflix, Unesco, Ted Sarandos, Netflix UNESCO


One Day in Bristol: How to Plan a Great Bristol Itinerary

How to spend one day in Bristol? Whether you’re having a day trip to Bristol from London or plan to visit the city together with Bath and the Cotswolds, find out the best things to do in Bristol in a day. I only spent 24 hours in Bristol, and I wish I had more time to further explore this vibrant city. Actually, Bristol was an unexpected surprise and there’s so much to see and do that one day is way too short. Like neighboring Bath, it’s worth spending two days in Bristol, although many pe...
Tags: Travel, Europe, UK, England, New York, Milan, London, France, Africa, Atlantic, Britain, United Kingdom, House, Italy, Brighton, Bristol


Netflix and Unesco search for African film-makers to ‘reimagine’ folktales

Competition opens to find six young creators in sub-Saharan Africa who will be funded to produce movies for 2022For Nelson Mandela they were “morsels rich with the gritty essence of Africa but in many instances universal in their portrayal of humanity, beasts and the mystical.”Passed down through the generations, whispered at bedtimes and raucously retold by elders, folktales have long been a mainstay of African cultural heritage. Continue reading...
Tags: Film, Africa, World news, Netflix, Culture, Unesco, Nelson Mandela, Global development, Saharan Africa


#Dubai's DP World, UK's CDC to invest up to $1.7 bln in Africa | Reuters

Dubai's DP World, UK's CDC to invest up to $1.7 bln in Africa | Reuters Dubai ports giant DP World and Britain's development finance agency CDC Group on Tuesday said they planned to jointly invest up to $1.72 billion in logistics infrastructure in Africa over the next several years, starting with modernising three ports.The investments will initially focus on expanding ports operated by DP World in Egypt's Ain Sokhna, Senegal's Dakar and Berbera in Somalia's breakaway region of Somaliland, CDC...
Tags: Travel, UK, Cdc, Africa, Britain, Egypt, Dubai, Somalia, Reuters, State, Dakar, DP World, Rupert Neil Bumfrey, Reuters Dubai, Berbera, CDC Group


Loan growth drives #Qatar National Bank profit jump | Reuters

Loan growth drives Qatar National Bank profit jump | Reuters Qatar National Bank (QNB) (QNBK.QA), the Gulf's biggest lender, posted an 8% increase in nine-month net profit to 10.3 billion Qatari riyals ($2.83 billion), citing loan growth.Loans and advances grew 7% in the period while total assets rose 10% to 1,084 billion riyals, it said in a statement.The bank also said its drive for "operational efficiency" resulted in cost savings and combined with the improved revenue, helped improve the c...
Tags: Travel, Africa, Qatar, Middle East, Qatar Investment Authority, Reuters, Qatar National Bank, QNB, Rupert Neil Bumfrey, Reuters Qatar National Bank QNB


‘It is our identity’: two Congos seek Unesco listing for rumba

Joint bid aims to add musical style that inspired independence to list of intangible cultural heritageAuthorities in Kinshasa and Brazzaville, the capitals of the neighbouring Democratic Republic of Congo and Congo Republic, have submitted a joint bid to add Congolese rumba to the Unesco list of intangible cultural heritage. The list helps demonstrate the diversity of heritage and raises awareness about its importance. If Congolese rumba were to be added, it would join the hawker food of Singapo...
Tags: Music, Singapore, Africa, World news, Culture, Unesco, United Nations, United Arab Emirates, Finland, Democratic Republic of the Congo, Democratic Republic Of Congo, KINSHASA, BRAZZAVILLE, Congo Republic, Congo-Brazzaville


Africa’s Film Industries Could Create 20 Million Jobs: UNESCO Study

“Most creative industries in (sub-Saharan) Africa were grossly underserved,” — the major exceptions being Nigeria and Senegal — “in part due to the failure of policymakers and local authorities to protect and invest in audio-visual industries.” – The Guardian
Tags: Art, Featured, Media, Nigeria, Africa, Senegal, Unesco, Saharan Africa, Film Industries Could Create


2021 Hotel Valuation Index Middle East & Africa

While the hospitality industry is incredibly robust and regularly adapts to changing market conditions, the 2020 global pandemic had a significant impact on travel and tourism globally and resultant hotel values. Arguably, hotel ownership and hotel investments are considered as a long-term investment as the value is based on the future income that the asset is likely to generate with valuers adopting the discounted cashflow method of valuation.
Tags: Travel, Africa, Middle East


‘My future is overseas’: Tunisians look to Europe as Covid hits tourism

As the pandemic deals a death blow to an already struggling sector, former workers see little hope for recoveryThe seafront along the town of Hammamet in Tunisia is deserted. Looking out at the bright empty coast from his souvenir shop, Kais Azzabi, 42, describes the crowds that would stroll along the broad boulevards. Today, there is nobody.“It was very busy here,” he says, gesturing to the street and the Mediterranean Sea beyond. “Since the corona started, everything stopped.” Continue reading...
Tags: Travel, Europe, Africa, Employment, Society, World news, Unemployment, Middle East and North Africa, Italy, Global development, Tunisia, Migration And Development, Mediterranean Sea, Hammamet, Tunisia attacks 2015, Coronavirus


ATTA Travel Trends show pent-up demand for Africa tripsATTA Travel Trends show pent-up demand for Africa trips

Consumers seeking flexible boooking terms
Tags: Travel, Africa, ATTA Travel Trends


South African Airways is flying again after its government cut funding last year. Here's a look at the collapse and revival of the 87-year-old national airline.

SAA relaunches flights after a year of inactivity Reuters South African Airways relaunched operations with a flight from Johannesburg to Cape Town after a year of inactivity. Though not involved in the relaunch, the airline has likely secured a new investor, Takatso Consortium. SAA said it's optimistic about its revival, but it's not without its skeptics. See more stories on Insider's business page. South African Airways was on the brink of disappearance after years of financia...
Tags: Travel, Transportation, Europe, New York, London, Air Travel, Australia, Planes, Africa, US, Trends, Features, Rome, Frankfurt, South Africa, New York Times


Supporting a diverse and inclusive tourism economy in South Africa

Today, Airbnb is announcing a new three-year commitment in South Africa to address barriers to becoming a tourism entrepreneur, and to help rebuild a more inclusive and resilient domestic tourism economy. The commitment, focused on infrastructure, training and investment, builds on Airbnb’s 2017 USD $1 million commitment in Africa to boost community-led tourism projects, and the Africa Academy, which has trained more than 300 Hosts who earned more than R2.8 million in 18 months*.
Tags: Travel, Africa, South Africa, Airbnb, Africa Academy


More than 700 hospitality investors, owners and operators from the Middle East and Africa gather at AHIC 2021

Dubai, UAE. 21 September, 2021. More than 700 hospitality owners, investors, developers and operators from across the Middle East and Africa gathered today to kick off the 17th edition of AHIC, being held from 20-22 September at Madinat Jumeirah in Dubai live in person.
Tags: Travel, Africa, Middle East, Dubai, Madinat Jumeirah


Radisson Hotel Group announces a record year in Africa, with 13 hotels and 2,500 rooms signed to date

Radisson Hotel Group (www.RadissonHotels.com), one of the world’s leading hotel groups, is proud to announce a hotel expansion record in Africa with 13 signings to date, translating to a new hotel signed every 20 days . The Group’s expansion drive, adding 2,500 rooms to its African portfolio, includes the announcement of nine hotels in Morocco, the Group’s debut in Djibouti and the introduction of the Radisson Individuals brand in Africa. Adding to this expansion milestone, the Group has ...
Tags: Travel, Africa, South Africa, Morocco, Group, Djibouti, Radisson Blu, Radisson Hotel Group


Wyndham Bolsters Strategic Revenue Management Services through Expanded Collaboration with OTA Insight

Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across nearly 95 countries, today announced the roll-out of a new suite of revenue management tools for its franchised and managed hotels in Europe, Middle East, Eurasia and Africa (EMEA). The new initiative will equip participating hotels with stronger and enhanced visualisation of revenue performance metrics and is part of Wyndham’s long-standing partnership with OTA Insight, a leadin...
Tags: Travel, Africa, Wyndham, Wyndham Hotels Resorts the world, Europe Middle East Eurasia


#UAE central bank sees COVID-19 increasing money-laundering risks | Reuters

UAE central bank sees COVID-19 increasing money-laundering risks | Reuters The United Arab Emirates central bank sees increased risks of illicit financial flows emerging from the COVID-19 pandemic, including money-laundering and terrorism financing, it said in a report published on Sunday.The use of unlicensed money service providers for money laundering has increased during the coronavirus crisis last year, the report said, as well as the use of e-commerce to launder money."Widespread lockdow...
Tags: Travel, Asia, Africa, United Arab Emirates, Uae, Reuters, Rupert Neil Bumfrey, COVID


#AbuDhabi’s ADQ acquires all of Swiss pharmaceutical company Acino | Markets – Gulf News

Abu Dhabi’s ADQ acquires all of Swiss pharmaceutical company Acino | Markets – Gulf News Abu Dhabi fund ADQ has entered a definitive agreement to acquire Swiss pharmaceutical company Acino. This marks ADQ’s largest deal yet in the healthcare and pharmaceuticals portfolio.ADQ will acquire 100 per cent of Acino from its current stakeholders, which include Nordic Capital and Avista Capital Partners. With this acquisition, the Abu Dhabi fund intends to create an integrated pharma platform with for...
Tags: Travel, India, Africa, Egypt, Middle East, Abu Dhabi, Uae, Gulf News, Rupert Neil Bumfrey, Nordic Capital, ADQ, Gulf News Abu Dhabi, Avista Capital Partners With, Steffen Saltofte, Acino, Pharmax


The Roman Colosseum Has a Twin in Tunisia: Discover the Amphitheater of El Jem, One of the Best-Preserved Roman Ruins in the World

Image via Wikimedia Commons When Rome conquered Carthage in the Third Punic War (149-146 BC), the Republic renamed the region Africa, for Afri, a word the Berbers used for local people in present-day Tunisia. (The Arabic word for the region was Ifriqiya.) Thereafter would the Roman Empire have a stronghold in North Africa: Carthage, the capital of the African Province under Julius and Augustus Caesar and their successors. The province thrived. Second only to the city of Carthage in the region, ...
Tags: Facebook, College, Africa, History, Rome, Architecture, Unesco, Algeria, Republic, Tunisia, Pompeii, Tunis, North Africa, Atlas Obscura, Jem, Carthage


Everything you need to know to visit Kenya for the first time

Touching down on a makeshift airstrip at the Maasai Mara National Reserve and being met by herds of wildebeest and zebras grazing languidly along the grassy plains is an experience that will stay with you for years to come. These sights are part of the once-in-a-lifetime adventure that draws people from around the world to the birthplace of safaris: Kenya. Though best known for its wildlife-rich parks and preserves, there’s more to Kenya than scouting for the Big Five. With topography ranging...
Tags: Travel, Africa, US, Qatar, Safari, Muslim, Kenya, Maasai Mara, All, Qatar Airways, Nairobi, Wilson Airport, Canon DSLR, Great Plains, Jomo Kenyatta International Airport, Lamu


#Saudi, #UAE Leaders Hold Talks as Regional Competition Heats Up - Bloomberg

Saudi, UAE Leaders Hold Talks as Regional Competition Heats Up - Bloomberg The defacto rulers of Saudi Arabia and the United Arab Emirates held talks late Monday, days after the UAE unveiled plans to deepen trade ties with fast-growing economies mainly outside the Middle East.Saudi Crown Prince Mohammed bin Salman called his Abu Dhabi counterpart Sheikh Mohammed bin Zayed Al Nahyan and discussed “the prospects of further consolidating the strategic cooperation” between the countries, the UAE’s...
Tags: Travel, Asia, Saudi Arabia, Wam, Africa, Bloomberg, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Uae, Mohammed, Riyadh, Mohammed bin Salman, Rupert Neil Bumfrey, Sheikh Mohammed bin Zayed al Nahyan


Africa’s Tourism Leaders Identify Investments as Key to Sustainable Recovery

The 64th meeting of the UNWTO Regional Commission for Africa (CAF) saw 23 countries represented on the island of Sal, with 21 Ministers of Tourism joining five Ambassadors for the high-level event. Opening the Commission meeting, the President of Cabo Verde Jorge Carlos Fonseca offered a warm welcome to UNWTO’s leadership and to all delegates. The President was joined by Cabo Verde’s Minister of Tourism and Transport, Carlos Jorge Duarte Santos, and Prime Minister Dr. Ulisses Correia e Si...
Tags: Travel, Africa, Commission, Cabo Verde, Sal, Silva, UNWTO, Tourism Leaders Identify Investments, UNWTO Regional Commission for Africa CAF, Ministers of Tourism, Jorge Carlos Fonseca, Cabo Verde 's Minister of Tourism and Transport, Carlos Jorge Duarte Santos, Ulisses Correia


#UAE to Grow Asia, Africa Trade, Seek $150 Billion Investment - Bloomberg

UAE to Grow Asia, Africa Trade, Seek $150 Billion Investment - Bloomberg The United Arab Emirates plans to deepen its trade ties in fast-growing economies in Asia and Africa, and draw $150 billion in foreign investment from mainly older partners to reposition itself as a global hub for business and finance.The UAE -- which has been the Middle East’s commercial capital for more than a decade and has been facing growing regional competition from Saudi Arabia -- will work on comprehensive economi...
Tags: Travel, Asia, Saudi Arabia, Africa, Israel, Bloomberg, Turkey, Middle East, United Arab Emirates, Recep Tayyip Erdogan, Uae, Gulf, Asia Africa, Britain India, Sheikh Mohammed bin Zayed, Rupert Neil Bumfrey


Goldman Hires Citigroup, HSBC Bankers Amid Deal Surge in Mideast - Bloomberg

Goldman Hires Citigroup, HSBC Bankers Amid Deal Surge in Mideast - Bloomberg Goldman Sachs Group Inc. is hiring bankers from rival firms Citigroup Inc. and HSBC Holdings Plc as the U.S. lender seeks to expand its business in the Middle East amid a surge in deals from the region.Jassim AlSane, a senior Citigroup banker, will join Goldman Sachs’ Dubai office in November as managing director and the co-head of investment banking operations for the Middle East and North Africa. Also, Omar AlZaim i...
Tags: Travel, Saudi Arabia, Africa, Bloomberg, Middle East, Dubai, Citigroup, Goldman Sachs, North Africa, Saudi Aramco, Citigroup Inc, HSBC Holdings Plc, Rupert Neil Bumfrey, Mideast Bloomberg, Goldman Hires Citigroup HSBC, Jassim AlSane


10 of the most luxurious stargazing resorts around the world

Connecting with nature doesn’t have to mean long hikes to the mountains, kayaking over rapids, or finding your way through thick jungles. It can also mean relaxing in one of the best stargazing places, under a dark sky. While many luxury resorts around the world are committed to sustainability by meticulous recycling and using ecological products, many are also paying attention to another type of natural resource humans are losing: the ability to admire dark skies and the twinkling stars. In...
Tags: Travel, Europe, Hollywood, Texas, Sweden, Africa, US, Spain, Thailand, Canada, South Africa, Chile, Luxury, Hawaii, Portugal, Nova Scotia


Hippos are taking over Colombia, and it’s Pablo Escobar’s fault

It’s pretty common knowledge that hippos are indigenous to the continent of Africa, but there’s a population living in a place you’d never expect — Colombia. As in South America. And the root of the hippo problem is even weirder as the country had never been home to a hippo until 30 years ago — all thanks to Pablo Escobar. Before Escobar died in 1993, the drug kingpin decided to create his own private zoo and smuggled several species from other countries into Colombia. After his death, the zo...
Tags: Travel, Amazon, Africa, BBC News, Colombia, South America, Npr, The Washington Post, All, Pablo Escobar, El Tiempo, Nataly Castelblanco, Pablo Escobar Before Escobar, Guillermo Ossa Shutterstock


TikTok will live stream Africa’s Great Migration of millions of animals

This weekend, the largest and most stunning wildlife migration in the world will be visible in the palm of your hand. On Saturday, August 28, the annual migration of millions of Africa’s most iconic animals will be live-streamed on TikTok. The Great Migration is the remarkable movement of over two million wildebeest, zebras, gazelles, and other mammals from the Serengeti in Tanzania to the fresh grasses of Kenya’s Maasai Mara National Reserve. As they cross the Mara River on their perilous j...
Tags: Travel, Africa, Kenya, Tanzania, All, Mara River, Maasai Mara National Reserve, Tik Tok, Tiktok, Jeffrey Wu


Nigerian Oil Giant Considers IPO After First Profit in 44 Years - Bloomberg

Nigerian Oil Giant Considers IPO After First Profit in 44 Years - Bloomberg Nigeria’s state oil company is considering an initial share sale after posting the first profit in its 44-year existence.Legislation signed by President Muhammadu Buhari this month enables the Nigerian National Petroleum Corp. to offer shares to the public, Managing Director Mele Kyari said at a briefing Thursday in the capital, Abuja. A listing would draw on the experience of Saudi Aramco, the Saudi Arabian oil giant ...
Tags: Travel, Africa, Bloomberg, Kpmg, Stock Exchange, Muhammadu Buhari, Abuja, Buhari, NNPC, Rupert Neil Bumfrey, Nigerian National Petroleum Corp, Bloomberg Nigeria, Kyari, Mele Kyari, Guaranty Trust Bank Plc


7 coolest wildlife crossings around the world

It might be an unfortunate reality, but animals have to adapt to us more than we do to them. We’ve got the tools, we build the roads, we drive the bulldozers. As we continue our relentless encroachment on animal habitats, we force our feral neighbors into unsafe living conditions, often bordering busy highways and other roads. As highways often bisect delicate ecosystems, the animals living there find themselves separated and isolated, endangering the ones that try to cross over. To solve this...
Tags: Travel, UK, Australia, Africa, Wildlife, Netherlands, New Zealand, Kenya, Lewa, Banff, South Island, Cheshire, All, Longview, Trans Canada Highway, Mount Kenya


Africa in brief: August 21 – 28

What's been happening on the continent this week? The post Africa in brief: August 21 – 28 appeared first on The Mail & Guardian.
Tags: Travel, Health, Europe, Ebola, Democracy, Africa, Oil, Football, Fire, Sport, Virus, Bankruptcy, Uganda, Soccer, Military, United States



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